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Client: MI Residential Community, Inc. Project Location: Lawrence, Massachusetts Award: $1,937,890
The funds will be used to modify 65 apartments for elderly assisted living. Bathrooms and kitchens will be modified to meet federal accessibility standards. Proposed Supportive services include service coordination, personal care, medication management, emergency response, meals and transportation.
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Gagnier, Hicks Associates is pleased to announce that our clients were awarded the following Capital Advances in this year's highly competitive SuperNOFA funding round.
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SUPPORTIVE HOUSING FOR ELDERS
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Client: Codman Square Neighborhood Development Corporation Project Location: Dorchester, Mass. Section 202 Capital Advance: $2,714,700 Five-year rental subsidy: $589,000
The proposed housing consists of thirty one-bedroom units with an elevator.
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Client: Housing Assistance Corporation Project Location: Brewster, Massachusetts Section 202 Capital Advance: $2,171,700 Five-year rental subsidy: $471,000 This property will entail the new construction of twenty-four one-bedroom units in Brewster, MA.
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Client: Island Elderly Housing Project Location: Oak Bluffs, Massachusetts Section 202 Capital Advance: $778,400 Five-year rental subsidy: $177,000
This project will construct nine unit project in Oak Bluffs, MA on Martha's Vineyard.
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Client: Greater Springfield Senior Services Inc. Project Location: Wilbraham, Massachusetts Capital Advance: $4,091,600 Five-year rental subsidy: $863,500
This application was for the new construction of 45 one-bedroom units for elders.
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SUPPORTIVE HOUSING FOR PERSONS WITH SPECIAL NEEDS
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Client: Mental Health Association of Greater Springfield, Inc. Project Location: Chicopee, Massachusetts Section 811 Capital Advance: $344,400 Five-year rental subsidy: $59,000
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Client: Volunteers of America of Florida Inc. Project Location: Tampa, Florida Section 811 Capital Advance: $496,400 Five-year rental subsidy: $80,000
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Client: Vinfen Corporation Project Location: Dorchester, MA Section 811 Capital Advance: $422,000 Five-year rental subsidy: $157,000
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Client: Volunteers of America of Florida Inc. Project Location: Bradenton, Florida Section 811 Capital Advance: $1,117,000 Five-year rental subsidy: $193,500
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