South Middlesex Non-Profit Housing Corporation (SMOC Housing Corporation)

Mission

In 1986, SMOC created a wholly owned subsidiary, the South Middlesex Non-Profit Housing Corporation, to address the need for safe, decent and affordable housing for low-income families, individuals and disabled adults. The chief mission of the SMOC Housing Corporation is to preserve and improve existing affordable housing and to develop new housing choices for low- and moderate- income residents. The SMOC Housing Corporation is a full-service real estate organization that performs all property and asset management functions including 24/7 property services, housing operations, capital planning, marketing, tenant relations, leasing, contract compliance, licensing, consulting, construction and project management, financing strategies and technical assistance. SMOC’s Housing Corporation has demonstrated an imaginative approach to regional housing needs by integrating human services with rental and program units serving individuals and families while providing safe, decent and affordable housing choices for area households.

Goals

The primary goals of the SMOC Housing Corporation are as follows:

• own, develop and manage the agency’s real estate portfolio
• develop and expand the supply of affordable housing for individuals and families
• provide tenants and program participants education and training for homeownership and job training facilitating them in achieving economic and personal self-sufficiency promotion
• promote and engage in community economic development initiatives and neighborhood revitalization

Property & Asset Management  |  Development