Construction of housing project for the elderly begins in Dupont – Insurance News Net

Dec. 29Construction of a new affordable housing project for the elderly has begun in Dupont.

The Dupont Housing for the Elderly project is being developed at the former Ben Franklin School at 611 Walnut St.

Michael Molitoris, executive director of the Housing Authority of Luzerne County, the developer, said the project represents a unique public and private partnership and the culmination of three years of planning to create a housing development which will remove a vacant deteriorated building and transform the site into a "true community asset" to provide affordable housing to low-income seniors. Construction is projected to be completed in December 2021, he said.

A + E Group JV of Wilkes-Barre designed the building which consists of 36 one-bedroom units. Four of the apartments will be designed to be accessible handicapped units and one apartment will be designed for the hearing/sight impaired.

Common amenities, which are located on the first floor, include a community area, a kitchen, an elevator accessing all floors, on-site management and supportive services office and community facilities for laundry.

The building was certified with Enterprise Green Communities for its advanced energy efficiency, the use of zero VOC paints and sealers and water-resistant materials in humid areas for quality interior environment.

The financing structure for the $10.79 million project includes low-income housing tax credits through the Pennsylvania Housing Finance Agency with equity investment of $7.56 million facilitated by Enterprise Housing Credit Investment, LLC and other permanent financing commitments from PHFA Housing Trust Fund and the County of Luzerne HOME and Housing Trust Fund programs. Citizens Bank has provided a $5.4 million construction loan.

Trade Eastern, Inc. is the general contractor. Legal partners include Dermot Kennedy, Ernest (Bucky) Closser and Bruce Anders/ Low-Income Housing Tax Credit technical services are being provided by Tom Elias of T. Elias and Associates.

The Housing Authority of Luzerne County will provide management and maintenance staff with technical support from JLD Compliance Advisory, LLC of Hummelstown, PA. Catholic Social Services of the Diocese of Scranton will provide supportive services to assist residents in meeting their everyday needs to remain independent.

Dupont Borough Council and Council President Stanley Knick were key to the plan to develop affordable housing for the elderly when they acquired the school back in 2015, according to a press release announcing the project.

Contact the writer: dallabaugh@citizensvoice.com, 570-821-2115, @CVAllabaugh

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Construction of housing project for the elderly begins in Dupont - Insurance News Net