Hicks Associates has worked as housing consultants for varied clients
ranging from national providers of multifamily housing for the elderly to
small local groups such as a local alliance for the mentally ill.
Listed on this page are a selection of multifamily projects for which
Gagnier, Hicks Associates has served as housing consultants.
Michelangelo Elderly Housing, Massachusetts
the historic Freedom Trail in Boston, MA, this middle school has recently
been converted into seventy-one apartments for low-income elders. This
eight-million-dollar project required the coordination and cooperation of
six different funding sources.
Primary Source of Funds: HUD Section 202 Capital Advance ($5.4 million)
Senior Living at Prouty,
VOA Elderly Housing, Maine
two-story structure housing with thirty-six apartments was recently completed
in Saco, Maine, with a HUD Section 202 Capital Advance of $2.5 million and
an additional grant of $250,000 from the Federal Home Loan Bank of
VOA Elderly Housing, Maine
Special Needs Housing
Tomball Pines, Texas
new buildings, with twenty-two apartments, were constructed to form this
Section 811 project located in Tomball, Texas. By combining forces, a large
community-based service provider and a small volunteer organized non-profit
were able to secure a HUD capital advance of $1.2 million.
Estates, South Dakota
Village at Hickory Glen
Fernwood Apartments, Florida
historic Mediterranean Revival-style building is a three-story,
eighteen-unit, concrete structure. The design concept for
the housing provides a modest environment which specifically addresses
the particular needs of 18 persons disabled as a result of HIV/AIDS
and encourages the integration of the project residents into the surrounding
project is the new construction of a single-family, six bedroom, two and
one-half bath home located in Chicopee, MA. The Sponsor provides housing to
six elderly persons living with chronic-mental illness. The Sponsor
provides on-site supervision through the daily scheduling of its staff.
Hope House, Smyrna, DE
Section 202 Direct Loans
refinancing of a twenty-year-old HUD 202 Project in Greater Boston
provided the resources to make renovations to the physical plant and to provide
services to the residents that will assist them to age in place at the
site. The proceeds from the refinance were used for: the renovation of
the common kitchen, bathroom, and dining room areas; the conversion of
some of the apartment bathrooms from tub to more accessible walk in
showers; to upgrade of the apartment kitchens for better accessibility
and easier use; to renovate or add new common areas for supervised
activities; to make available more custodial services to residents, such
as laundry, house cleaning, heavy and light chores; to make available
24-hour, on-site, personal care services.
Arbors at Amherst, Massachusetts
seventy-eight unit Assisted Living Residential Community set on 12 acres in
Amherst, Massachusetts. The project's mixture of studio, single, and
two-bedroom apartments was designed to allow maximum independence while
providing individual assistance as the residents age in a community
setting. Gagnier, Hicks Associates worked with the private developer to
secure financing through HUD's Section 232 Mortgage Insurance Program.