.png)
News: Owners Developers & Managers
Posted: March 4, 2022
NeighborWorks breaks ground on 72-unit senior housing complex
Tim Doherty of NHS (Norwood); representative Mark Cusack (Braintree); house speaker Ron Mariano (Quincy);
select board chair Lindsy Vayda (Holbrook); select board member Daniel Lee (Holbrook); Housing programs manager
Sherry Zou (Quincy); and NHS CEO Robert Corley (West Roxbury).
Back row – NHS board member David Kilnapp (Pembroke); and Holbrook town administrator Gregory Hanley (Dorchester).
Holbrook, MA NeighborWorks Housing Solutions (NHS), one of the leading housing service providers in southern Massachusetts, hosted a ground-breaking ceremony on the site of its newest housing development. The property, located at 120 N. Franklin St., will be the site of a 72-unit senior housing community. NeighborWorks serves as developer of the project, with The Narrow Gate architecture, NEI General Contracting, and property manager Maloney Properties making up the project team.
This project has been five years in the making, with a variety of organizations involved in advocating for the development as well as providing financial support. Speaker of the house Ronald Mariano, senator John Keenan, and representative Mark Cusack were all present at the ground-breaking celebration, as were Holbrook town administrator Gregory Hanley, community economic development assistance corporation executive director Roger Herzog, and representatives from the Massachusetts Housing Partnership, the Massachusetts Affordable Housing Trust Fund, the Quincy South Shore HOME Consortium, and construction lender Eastern Bank.
“NHS has an incredible reputation, and when we broached the idea of adding more housing for seniors in the town of Holbrook, we knew NHS would be a great partner,” said Hanley. “Holbrook is a great town, and these apartments for seniors will enhance the fabric of the community.”
With the addition of these apartment homes for seniors, NHS now owns, operates or maintains nearly 1,000 units of housing in the region.
“It is a pleasure to announce the start of construction for this highly anticipated project,” said Robert Corley, CEO of NeighborWorks. “The need for affordable housing, especially senior housing, continues to grow. This type of housing will allow seniors to age in place, and continue to create housing opportunities for all. We are proud to partner with the town of Holbrook with the creation of a safe and affordable housing opportunity for seniors in the community.”
MORE FROM Owners Developers & Managers
Elm Grove Companies breaks ground on $20 million - The Rapids On Cocheco
Rochester, NH Real estate development firm, Elm Grove Companies, has started construction of The Rapids On Cocheco, an approved 52-unit workforce housing community at 29 Wadleigh Rd. This will be the company’s ninth venture in the affordable housing arena with other affordable properties in the state totaling 430 apartments
.jpg)
.png)
Columns and Thought Leadership
Selecting the right façade installation firm - by Steven Powell
As the owner of a major new property being developed, or an existing large building preparing for major renovation, you want your design and construction team to have the right experience, capabilities, and expertise to match the project demands. A critical member of this team will be the façade installation specialty firm, since the quality of this installation will impact
IREM President’s Message: Fostering community connections during the holiday season
The holidays are again taking center stage, and with them comes an opportunity for multifamily communities to connect with the businesses and organizations in their cities and towns, fostering a sense of unity and generosity during this giving season
Recently passed legislation creates opportunities to meet CT’s changing energy needs - by Klein and Feinn
For decades, New England has had a summer-peaking power system, where the greatest energy use occurs on the hottest and most humid days, due to widespread use of air conditioning. But by the mid-2030s, electrification of the heating sector likely will result in a winter peak that’s higher than the summer peak.