HRI aims to:
Improve the quality of housing for low- and moderate-income residents and ensure that such housing remains affordable in perpetuity.
Preserve diversity in terms of race, income, age, disability, and household structure in the communities we work in.
Provide comprehensive resident services and programming.
Develop innovative, replicable forms of affordable housing in order to provide the greatest range of housing options for low- and moderate-income households.
HRI is a 501(c)3 organization founded in 1972 by a group of concerned residents who recognized the need to stabilize their community.
With an initial focus on homeownership, HRI strived to support mixed income communities, rich in ethnic and racial diversity. HRI shifted its focus from homeownership to include rental properties in the 1990s, as a means of creating new opportunities for families who could not access Cambridge’s housing market post-rent control. Today, HRI continues further its mission by developing and preserving affordable, high-quality rental housing and empowering residents through services and programming.
HRI believes that it is the responsibility of affordable housing developers to reduce our carbon footprint. Drawing on our collective experience and creative thinking, HRI works to combat these issues throughout the construction and renovation process so that families can enjoy healthy, energy efficient homes that help preserve our local environment and our planet. HRI continually seeks new ways to lessen the environmental impact of our portfolio through design, construction, and operations strategies that incorporate sustainable building practices and renewable technologies.
HRI also provides excellent resident services programming tailored to the needs and interests of its residents. Some efforts include but are not limited to: Individual Development Account programs, an annual Scholarship Program, a computer learning center, a Lending Circles program, and many other components which aim to improve the quality of life and provide opportunities for all residents residing in HRI’s housing portfolio.