CDFA News
Ground broken for senior rental apartments in Conway
2015-10-29
Conway Daily Sun

 CONWAY — At a groundbreaking ceremony for the three-story, 30-unit Conway Pines Senior Apartments affordable senior housing rental project last Friday, Oct. 23, developers talked of a facility that will serve the community for many years to come.

"This is a community project, that came about through community collaboration," said developer Chris Davies of Great Bridge Properties LLC. of Manchester, noting that the project was conditionally approved in July 2012 by the Conway Planning Board but that it took three tries to get its financing through the New Hampshire Housing Finance Authority.

Sited near the 32-unit Conway Pines Apartments, which opened in 2012 on Poliquin Drive across from the Conway Shurfine Plaza, the new structure will be for those aged 62 and older.

Financing for the $5.9 million project was obtained in late spring through the state Housing Finance Authority and a town-sponsored, federally funded, state passed-through $462,000 Community Development Block Grant through the state Community Development Finance Authority to the town.

On hand were Scott McKinnon, president and CEO of Memorial Hospital; District 7 Rep. Ed Butler (D-Hart's Location); Fran Lampidis of the Gibson Center; Joshua Gould of Boston Capital; Marc Poyant of Northway Bank; and Chris Davies of Great Bridge Properties.

"We'd like to give special thanks to Ed, who owns the land. He has hung in with us year after year. We've become great friends, and are now skiing buddies, too," said Davies.

Other speakers included Dean J. Christon, executive director of New Hampshire Housing; Taylor Caswell, executive director of the Community Development Finance Authority; Conway Town Manager Earl Sires; Sandy Ruka of Visiting Nurse Services of Carroll County; and Evelyn Whelton, chair of the Mount Washington Valley Housing Coalition.

Read the full article at the Conway Daily Sun...


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