Projects in Development
E. Henry Twiggs Estates II
Phase II is scheduled to be completed in the winter of 2018. This phase will substantially renovate an additional 61 units of housing in the Mason Square neighborhood. With the 75 units already completed in Phase I, Phase II will bring the total number of fully renovated units in the E. Henry Twiggs Estates project to 136.
Development Financing Sources include:
Commonwealth of Massachusetts, City of Springfield, US Dept. of Housing and Urban Development, TD Bank, N.A., The Richman Group, Affordable Housing Trust Fund, U.S. Low Income Housing Tax Credits, Massachusetts Low Income Housing Tax Credits, Massachusetts Community Economic Development Assistance Corporation, Federal Home Loan Bank, Massachusetts Housing Partnership
This 104 unit Single Room Occupancy (SRO) development was purchased from the YMCA in 2013 as part of the building it shares at 275 Chestnut Street in downtown Springfield. Pending funding from the State of Massachusetts, construction should start sometime in 2018. The top 5 floors of the structure will be reconfigured to provide so-called Enhanced Single Room Occupancy units with independent cooking areas and baths.
Old Brookings School
Our application to the City of Springfield for redevelopment of the old Brookings School has been accepted, pending approval by the Springfield City Council. We look forward to being able to move forward with this opportunity to create vibrant, affordable apartment living in a beautiful location. We also hope to be able to re-use the gym as a community resource. Stay tuned!