Woodcrest Elderly Housing Expansion Phase I
Somers Housing Authority www.somershousingauthority.com
63-71 Battle Street, Somers CT
Project Characteristics:
- 34 newly-constructed one-bedroom units in one large 2-story building
- Demolition and rebuilding of remaining 52 one-bedroom units, including increasing the size of the units
- All units are for low-to moderate-income elderly persons (i.e., 50% or lower Area Median Income)
Project Funding Sources:
Approx. $9M - CHFA Low Income Housing Tax Credits
(SunAmerica - Syndicator) - Somers Housing Authority
- $5.3M - DECD Funds
- $800K -Rockville Bank mortgage
- $700K - DECD Small Cities CDBG Funds
- $400K - Federal Home Loan Bank AHP Funds
- $500k - HTCC Tax Credits / CL&P
Total Development: approx. $17M REDI was instrumental in obtaining all funding sources for this project and all funds have been committed.
Development Team
- Somers Housing Authority
- Real Estate Diagnostics, Inc.
- Wiggin and Dana, LLP
- Peter Blasini, Esq.
- Henry Schadler Associates - Architect
- Alca Construction - General Contractor
- All Phase Construction - General Contractor
- WINN Management Company
New Construction - Garden Units at 63 Battle Street 5/10
New Construction - Garden Units at 63 Battle Street Site 11/09
New Community Building on 63 Battle Street site
Two-Story Building at 71 Battle Street- Includes: 34 one-bedroom units, community room w/kitchen, office space and conference room. Completed October 2008
Original Units prior to demolition.
Interior Kitchen
Interior Community
Center
Interior Community
Room/Kitchen
