Ever wonder what goes into developing affordable housing? It is a long process from choosing a site, to designing the buildings, obtaining permitting, and acquiring funding. There’s a lot to do before a shovel hits the ground!
Watch this video to hear Sal Steven-Hubbard, LRCD’s Director of Real Estate Development, explain the process and talk about why LRCD needs community support to develop more housing.
Watch this video to hear Sal Steven-Hubbard, LRCD’s Director of Real Estate Development, explain the process and talk about why LRCD needs community support to develop more housing.
Current & Recent Projects
Harvey Heights Apartments - Meredith
Completed December 2022!
Construction began January 3rd, 2021 on the $5.4 million project to renovate the 25-unit Deer Run apartment complex at 62 Pleasant Street in Meredith, NH.
We are proud to announce the completion of LRCD's rehabilitation of Harvey Heights Apartments (formerly Deer Run Apartments). The LRCD team worked for five years to assemble the $5 million in financing needed for improvements.
We achieved completion at the end of 2022, bringing Harvey Heights and its 25-units up to our healthy housing standards by improving life safety systems, indoor air quality, accessibility, energy efficiency, and aesthetics.
Please enjoy this short virtual tour of Harvey Heights!
Funders that made this project possible include Raymond James Tax Credit Fund, New Hampshire Housing, New Hampshire Community Development Finance Authority, U.S. Department of Housing and Urban Development, U.S. Department of Agriculture – Rural Development, Federal Home Loan Bank of Boston, Franklin Savings Bank, NeighborWorks America, and NeighborWorks Capital. North Branch Construction was the construction manager. Stewart Associates Architects and Northpoint Engineering comprise the design team.
We are proud to announce the completion of LRCD's rehabilitation of Harvey Heights Apartments (formerly Deer Run Apartments). The LRCD team worked for five years to assemble the $5 million in financing needed for improvements.
We achieved completion at the end of 2022, bringing Harvey Heights and its 25-units up to our healthy housing standards by improving life safety systems, indoor air quality, accessibility, energy efficiency, and aesthetics.
Please enjoy this short virtual tour of Harvey Heights!
Funders that made this project possible include Raymond James Tax Credit Fund, New Hampshire Housing, New Hampshire Community Development Finance Authority, U.S. Department of Housing and Urban Development, U.S. Department of Agriculture – Rural Development, Federal Home Loan Bank of Boston, Franklin Savings Bank, NeighborWorks America, and NeighborWorks Capital. North Branch Construction was the construction manager. Stewart Associates Architects and Northpoint Engineering comprise the design team.
Ames Brook Apartments - Ashland
In September, 2020, we completed renovations on Ames Brook Apartments, a 40-unit apartment complex located on Ledgewood Lane in Ashland. The property was built in 1975, and in an effort to preserve it as part of the Lakes Region’s affordable housing stock, LRCD purchased it in November 2016. It took three years to assemble the five million dollars needed for improvements. Construction began in July 2019. Click here to watch a four-minute virtual tour of Ames Brook Apartments.
Gale School
LRCD is honored and excited that Save Our Gale School (SOGS) asked us to redevelop this beloved historic building in Belmont, NH. Our initial concept is that the Gale School will be a community facility housing a daycare and other services needed in the region. We are in the very early stages of our process.
Our goal is to complete initial plans for redevelopment this winter, and then to assemble the financing necessary for construction, ideally by the end of 2021. If all goes well, we may be able to start construction in 2022.
Check out drone video of the building being moved captured by Bruce Atkinson and photos of the Gale School below.
Our goal is to complete initial plans for redevelopment this winter, and then to assemble the financing necessary for construction, ideally by the end of 2021. If all goes well, we may be able to start construction in 2022.
Check out drone video of the building being moved captured by Bruce Atkinson and photos of the Gale School below.
