Renovations planned at Woods of Wareham

September 16, 2014 12:00 AM

WAREHAM The 100 apartments at Woods at Wareham will be improved and will maintain their designation as affordable housing for at least 15 more years as a result of $9.1 million in MassHousing loans.

With the new financing, the 17 residential buildings on the property will receive substantial renovation. Among the improvements planned for the property are new siding, windows, doors and roofs and porch and stair repairs, electrical and fire alarm upgrades and boiler replacement as needed, officials said in a news release.

The Woods at Wareham is owned by Riverview Village Associates in partnership with HallKeen Management, which has extended for 20 years the HUD Section 8 Housing Assistant Payment (HAP) contract on 78 of the apartments. Additionally, the state Department of Housing and Community Development has approved a new 15-year HAP contract for the remaining 22 apartments.

"The financing we were able to arrange with MassHousing will give new life to Woods at Wareham and enable us to provide much-needed affordable housing to its residents for many years to come," said David Carlen, president of Norwich Corporation and representative of the River View Associates general partner, in a statement.

The Woods at Wareham is located at 48 Swifts Beach Road. The 100 apartments are contained in 17 two-story buildings constructed in 1972.

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Renovations planned at Woods of Wareham