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Gagnier,
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.
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Section 202- Elderly
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Rehab:
Villa
Michelangelo Elderly Housing, Massachusetts
Located on 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)
Beattie House, New Hampshire
http://www.hud.gov/local/nh/working/mf/2006-08-21.cfm
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New Construction:
Saco VOA
Elderly Housing, Maine
A 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
Boston.
Peaks Island VOA Elderly Housing, Maine
http://www.hud.gov/local/me/news/2005-11-14.cfm
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Section 811- Special Needs
Housing
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Independent Living:
Tomball Pines, Texas
Four 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.
Pecan Village, Texas
http://www.hud.gov/local/tx/library/archives/2004-02-18.cfm
Wildflower Estates, South Dakota
http://www.hud.gov/local/sd/news/2007-01-29.cfm
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Group Home:
The 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.
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AIDS Facility:
Fernwood Apartments, Florida
The 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
neighborhood.
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Refinance of Section 202
Direct Loans
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The 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.
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Assisted Living
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Purpose Built:
Arbors at Amherst, Massachusetts
A
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.
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