Housing & Shelter
Nha Properties Inc
NANTUCKET, MA
Total revenue
$5.5M
Total expenses
$1.4M
Net assets
$21.9M
Grants received
$2.2M
25 grants
EIN
043247717
Tax year
2023
Mission
To create and support diverse types of safe, suitable, and sanitary living accomodations for low, moderate and middle income year-round residents of nanutucket county. This mission is accomplished through rental, homeownership, and educational programming.
Programs
3 programs
The nantucket housing needs covenant program - (the covenant program) creates scattered site, middle income home-ownership opportunities. To incentivize the initial creation of a covenant home, private property owners are allowed zoning relief which enables them to sell a portion of their land that is otherwise not sub-dividable. In exchange, the owners record a deed restriction which permanently restricts ownership to qualified year-round islanders. Covenant home purchasers must be year-round residents earning less than 150% of the area median income. The transaction price of a covenant home must be below the maximum sale price, which is reset annually and determined by an affordability formula. Covenant homeowners are subject to a residency/occupancy requirement as well as resale restrictions.
Housing nantucket's educational programming - includes first time home-buyer education and rebuilding your credit classes. These classes are offered through traditional classroom learning as well as through an online platform.
Relocatable dwelling program - when hn cannot use structurally sound dwellings that are offered to them through the house recycling program, hn will sell the dwelling to a third party who is responsible for moving the dwelling via an assignment of housing nantucket's right on the donated property.
Financials
FY 2023
Revenue
Expenses
People
10 listed
ANNE KUSZPA
EXECUTIVE DIRECTOR
$175K
40 hrs/wk
STACY G MONTES
VICE PRESIDENT
—
1 hrs/wk
PAUL A WOLF JR
TREASURER
—
1 hrs/wk
ROBERT LIDDLE
CLERK
—
1 hrs/wk
BERTYL V JOHNSON
DIRECTOR
—
1 hrs/wk
PETER T KAIZER
PRESIDENT
—
1 hrs/wk
ROSE MARIE SAMUELS
DIRECTOR
—
1 hrs/wk
LILIANA KOVACEVIC
DIRECTOR
—
1 hrs/wk
EILLEN TAVERAS
DIRECTOR
—
1 hrs/wk
DOBRIMIR SULTANOV
DIRECTOR
—
1 hrs/wk
Grants received
Showing 25 of 25
Funded by
$2.2M from 9 funders · 25 grants · 2018–2024
$1.4M · 8 grants · 2018–2024
$600K · 4 grants · 2020–2023
$156K · 4 grants · 2021–2023
$28K · 2 grants · 2022–2023
$20K · 2 grants · 2023–2024
$20K · 1 grant · 2019
$10K · 1 grant · 2018
$10K · 1 grant · 2020