What is CHOM Housing?
Community Housing of Maine (CHOM) operates as a specialized developer and manager of high-quality affordable housing, serving as the largest provider of supportive residential solutions in the state. The organization distinguishes itself through a dual-focus model that integrates physical property development with essential support services. By targeting vulnerable demographics—including veterans, survivors of domestic violence, and individuals with special needs—CHOM has successfully facilitated housing for over 1,300 individuals. Their market position is defined by a commitment to transformative outcomes, moving beyond simple property management to foster genuine community inclusion and long-term residential stability for working families and older Mainers.
How much funding has CHOM Housing raised?
CHOM Housing has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in CHOM Housing
PPP
Public-Private Partnership
What's next for CHOM Housing?
With the recent infusion of capital, CHOM Housing is well-positioned to scale its operational footprint and enhance its service delivery models. The organization is expected to prioritize the acquisition and development of new residential units, further mitigating the housing crisis for marginalized populations. Future strategic efforts will likely focus on optimizing the integration of support services within their existing portfolio, ensuring that the organization remains a leader in sustainable, mission-driven real estate development. As the entity matures, the focus will shift toward long-term asset maintenance and the expansion of advocacy programs that influence regional housing policy, thereby securing a more stable future for the populations they serve.
See full CHOM Housing company page
