162 Shawmut St
Chelsea, MA - 02150
In 1979, Chelsea residents, city officials, and representatives of local lending institutions formed Chelsea Neighborhood Housing Services as a community-based partnership dedicated to revitalizing low-income neighborhoods through home-repair loans to individual homeowners. Today, Chelsea NHS is a full-service community development corporation. In the past two decades, we provided over 250 unbankable loans to low- and moderate-income homeowners. Today, we have our own Loan Fund with net assets of almost $1 million. We renovated 127 rental units in 28 buildings. Today, we own and manage 119 rental units for low- and moderate-income families and manage 11,000 square feet of commercial space.
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