Thursday, October 11, 2018

Affordable housing trust announces new staff member

Affordable housing in both Windsor and Windham counties will soon have a fresh face keeping track of it, as the nonprofit Windham and Windsor Housing Trust (WWHT) has appointed Jeanine Rodriguez as its director of asset and property management.

Affordable housing in both Windsor and Windham counties will soon have a fresh face keeping track of it, as the nonprofit Windham and Windsor Housing Trust (WWHT) has appointed Jeanine Rodriguez as its director of asset and property management. Rodriguez has been most recently employed by the Franklin County Regional Housing and Redevelopment Authority of Turners Falls, Massachusetts as a property manager, overseeing almost 300 properties, according to the WWHT’s press release. “Jeanine brings a robust knowledge of property management and an incredible energy to the WWHT management team,” said Elizabeth Bridgewater, the organization’s executive director. “We are very excited to have her on board.” WWHT, which has offices in both Springfield and Brattleboro, rehabilitates distressed multifamily rental properties, according to its website. Funding for the acquisition and rehabilitation work comes from many sources, and most of it comes from banks and other investors, who receive a tax credit. As a property owner, the organization paid more than $583,000 in taxes in 2017 to municipalities in the two counties where it operates. Many properties are occupied when WWHT takes them over, and although those renters have to be relocated during a rehabilitation project, WWHT gives them preference for rental when the property reopens. WWHT was founded in 1987 to address the shrinking amount of affordable housing in the region, and the organization still addresses that mission. “A 2018 housing needs assessment showed an increased concentration of renter households and a decrease in the availability of relatively affordable ownership options, meaning that the creation of affordable apartments, especially in downtown areas, is even more necessary today,” the website states.



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