# Presentation: 124138

## CAROLINE STREET APARTMENTS

**CAROLINE STREET APARTMENTS**

**Caroline Street Apartments**
**134 S. Second Street**
**New Bedford, MA  02741**

_**Partners**_**:**
** ****U.S. Department of Housing and Urban Development**
** ****New Bedford Housing Authority (NBHA)**
** ****Greater New Bedford Community Health Center**
** ****City of New Bedford**

**- 64 Units -**

## BACKGROUND

**BACKGROUND**

**CAROLINE STREET APARTMENTS**

**NEW BEDFORD, MA **

_**Issues**_**:**
** ****Building’s interior and exterior worn**
** ****8 of 64 units uninhabitable**
_**Goals**_**:**
** ****Rehabilitate all units**
** ****Address drainage problem**
** ****Provide on-site supportive services**
** ****Train and place NBHA residents into elderly supportive jobs**

## DESIGN / STAFFING

**DESIGN / STAFFING**

| 64 Units |  |
| --- | --- |
| 1  BR | 62 |
| 2  BR | 2 |

_**Property Configuration**_**:**
** ****Garden Style  & “Village” Orientation**
_**Amenities**_**:**
** ****Community Building, Meals On Wheels, Transportation, 24 social service providers, Walk-in Clinic**
_**Staff**_**:**
** ****Social Service Coordinator (Reports to**
**HOPE VI Coordinator in Modernization Office)**
** ****Part-time Assistant**

**CAROLINE STREET APARTMENTS**

**NEW BEDFORD, MA **

## PROCESS

**PROCESS**

**CAROLINE STREET APARTMENTS**

**NEW BEDFORD, MA **

_**Drainage Issue**_**:**
** ****HOPE VI Elderly Revitalization grant and local CDBG funds leveraged to attract EPA grant for $2.9 million drainage project**

## PROCESS (Continued)

**PROCESS ****(Continued)**

_**Physical Redevelopment Plan**_**:**
** ****Combined HOPE VI Elderly grant, CDBG, and EPA funds to address drainage problems, increase curb appeal, and renovate community center facility**
** ****Designated building elderly only**
_**Social Service Plan**_**:**
** ****Social Service Coordinator**
** ****Peabody Properties **(Recruited social service providers)

**CAROLINE STREET APARTMENTS**

**NEW BEDFORD, MA **

## PROCESS (Continued)

**PROCESS ****(Continued)**

| FUNDING SOURCES |  |  |
| --- | --- | --- |
| HOPE VI Funds | $4,146,780  | 51% |
| Other Federal Funds (EPA*) | $2,045,128  | 24% |
| CDBG Funds | $1,465,000  | 18% |
| Federal Home Loan Bank | $500,000  | 6% |
| Capital Funds | $10,251  | 1% |
| Total: | $8,167,159 |  |

| USES |  |  |
| --- | --- | --- |
| Rehab Construction | $7,030,267  | 90% |
| Planning/Soft Costs | $332,793  | 4% |
| Community and Social Services | $161,461  | 2% |
| Administration | $73,838  | 1% |
| Relocation/ Reoccupancy | $55,000  | 1% |
| In-Kind Services | $15,000  | 1% |
| Demolition/ Remediation | $8,800  | 1% |
| Total: | $7,667,159 |  |

**CAROLINE STREET APARTMENTS**

**NEW BEDFORD, MA **

**$127,612**
** ****per unit**

## MANAGEMENT / MARKETING

**MANAGEMENT / MARKETING**

_**Management Functions**_**:**
** ****Property development**
** ****Social Service**
_**Marketing**_**:**
** ****Subsidized units**
** ****Market rate units**

**CAROLINE STREET APARTMENTS**

**NEW BEDFORD, MA **

## CHALLENGES/FAILURES/LESSONS LEARNED

**CHALLENGES/FAILURES/LESSONS LEARNED**

** ****Physical design determined feasibility of ALF**
** ****Open services to larger community**
** ****Model required service coordinator and in-place service providers**
** ****Linking FSS program to elderly service needs provide employment options to non-elderly residents**
** ****Model provides flexibility for future options**

**CAROLINE STREET APARTMENTS**

**NEW BEDFORD, MA **

## ACCOMPLISHMENTS/SUCCESSES/HIGHLIGHTS

**ACCOMPLISHMENTS/SUCCESSES/HIGHLIGHTS**

** ****Social Service Coordinator**
** ****In-place social service providers**
** ****Job training and placement of non-elderly residents**
** ****Drainage project**

**CAROLINE STREET APARTMENTS**

**NEW BEDFORD, MA **