The Peabody Companies, a group of award-winning property management and real estate firms, in partnership with Tent City Corporation, the resident-comprised organization that owns Tent City Apartments, announces a new program that enables residents of Tent City and Warren Avenue Apartments to improve their credit scores by making timely rent payments.
Residents of the two Boston neighborhood communities who pay their rent on time will benefit from positive reports being sent to credit reporting agencies, such as Equifax, TransUnion, and Experian.
The program is offered in partnership between MassHousing and Esusu. MassHousing is an independent, quasi-public agency charged with providing financing for affordable housing in Massachusetts. Esusu is a financial technology company that helps renters build their credit by reporting rent payments to major credit bureaus. The company aims to address financial challenges and barriers to credit faced by many individuals, particularly those with limited credit history.
“We are excited to introduce this new program in partnership with MassHousing and Esusu,” said Olayinka Kuye-Romelus, director of portfolio operations at the Peabody Companies. “By enabling our residents to build their credit through timely rent payments, we are not only helping them achieve greater financial stability, but also empowering them to access more opportunities in the future. This initiative reflects our ongoing commitment to enhancing the lives of our residents and supporting their financial well-being.”
About The Peabody Companies
Headquartered at 536 Granite Street, Braintree, Massachusetts, The Peabody Companies and its affiliates – Peabody Properties, Peabody Resident Services, Peabody Supportive Housing, Peabody Real Estate, and Peabody Miami – represent a legacy of excellence in the real estate sector. Founded in 1976 and led by Melissa Fish-Crane and Karen Fish-Will, this full-service, award-winning real estate firm is an Accredited Management Organization (AMO) that oversees more than 14,650 housing units across New England, with additional properties in New Jersey and Florida.
Peabody Properties, a cornerstone of the group, specializes in property management, demonstrating a remarkable blend of quality service and expertise. Peabody Resident Services, a unique arm of the company, underscores a deep commitment to enhancing resident experiences by focusing exclusively on developing supportive services and programs for affordable housing communities.
As a Women Business Enterprise (WBE), certified by the Massachusetts State Office of Minority and Women Business Assistance (SOMWBA), The Peabody Companies has been recognized for its dedication to diversity and inclusion. This commitment is further evidenced by their ranking on the 2023 National Affordable Housing Management Association (NAHMA) Affordable 100 List and their repeated recognition as a Top Place to Work by The Boston Globe in 2017, 2018, 2019, and 2023.
Discover more about The Peabody Companies’ impactful real estate journey and community-driven initiatives at http://www.wearepeabody.com Connect with us on LinkedIn, Facebook, Instagram, and YouTube to stay updated on our latest projects and achievements.
