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Portsmouth Housing Authority reports transfer of Quaker Manor ownership and ongoing oversight role

2738057 · February 10, 2025
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Summary

The Portsmouth Housing Authority reported Feb. 10 that HUD‑required work to resolve past compliance issues is complete, ownership of Quaker Manor transferred to Sabatus (owner name as reported) and Phoenix Property Management remains the property manager; the authority said it will continue advocacy and pursue grants to support capital needs.

The Portsmouth Housing Authority presented its annual report to the town council on Feb. 10, summarizing recent regulatory work, a property transfer and ongoing priorities for public housing in town.

Board member (chair) reported the long process to resolve HUD‑related compliance matters is complete. The authority said a purchase‑and‑sale agreement with Sabatus Housing (name reported in presentation) was invoked and ownership of Quaker Manor transferred on Sept. 12; subsequent HUD regulatory and audit requirements for the period of authority ownership were completed, the board said. Phoenix Property Management was singled out as the management agent that helped stabilize operations since January 2021.

The housing authority described remaining challenges: capital needs for aging buildings, limited operating cash flow that constrains capital accumulation, and the need to pursue grants and tax‑credit programs to fund major repairs. The authority said it will continue public forums for residents, pursue funding opportunities and explore housing‑voucher and other programs that could help residents remain in town.

Councilors thanked the authority for the update and asked for a copy of the authority’s presentation to be attached to the meeting record. The authority also thanked the town for prior financial and in‑kind assistance that helped address immediate accounting and audit needs.

No formal council action was required beyond accepting the report; the council asked staff to attach the presentation to the official record and to ensure the report is filed.