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
Bay Street Apartments - Laconia
This project at 17 Bay Street will demolish two fire-damaged structures and replace them with a new building containing 12 efficiency units of supportive housing for individuals experiencing or at-risk of homelessness. Lakes Region Mental Health Center will provide supports to the tenants. Demolition & construction planned for June 2024.
Harriman Hill III - Wolfeboro
This project is the third and final phase of the Harriman Hill development, which is a partnership with Eastern Lakes Region Housing Coalition. Phases I and II were built in 2012 and 2014, and contain a total of 48 units. Phase III will contain 30 units in a mix of unit sizes. Groundbreaking planned for summer 2024.
Jameson Street Apartments, Laconia
This project at 11 Jameson Street will renovate a single-family house into three small one-bedroom units of supportive housing for individuals with developmental or intellectual disabilities. Lakes Region Community Services will provide supports to the tenants. Renovations planned for fall 2024.
Gale School Redevelopment, Belmont
The Gale School Redevelopment Project will transform the dilapidated Gale School in Belmont, NH into a vibrant community facility hosting a child care center operated by the Boys & Girls Club of Central NH and a program center operated by Lakes Region Community Services (LRCS). The child care center will add 35 new child care slots to the Lakes Region. The LRCS Program Center will serve over 100 families.
The Gale School was built in 1894, and was used by the Belmont school district until the mid-1980s. The Gale School has been vacant since then, and years of neglect have taken their toll. The Gale School was named to the New Hampshire State Register of Historic Places in 2018, and was selected as one of New Hampshire’s Seven to Save in 2017.
In July 2020, the building was successfully moved by the local Save Our Gale School Committee (SOGS) to a new location at 60 Concord Street in Belmont Village. Lakes Region Community Developers (LRCD) agreed to partner with SOGS to redevelop the building. Once LRCD assembles all the funding for the renovations, SOGS will donate the land and building to LRCD and the Gale School will become part of LRCD’s real estate portfolio.
Assembling the funding needed for this project has proven challenging because cost estimates more than doubled since 2019 when we began the process. As of May 2024, we have raised over $3 million, so we are close to the finish line. If you are interested in helping us close the budget gap, please email [email protected] today.
Share comment with Carmen Lorentz…
The Gale School was built in 1894, and was used by the Belmont school district until the mid-1980s. The Gale School has been vacant since then, and years of neglect have taken their toll. The Gale School was named to the New Hampshire State Register of Historic Places in 2018, and was selected as one of New Hampshire’s Seven to Save in 2017.
In July 2020, the building was successfully moved by the local Save Our Gale School Committee (SOGS) to a new location at 60 Concord Street in Belmont Village. Lakes Region Community Developers (LRCD) agreed to partner with SOGS to redevelop the building. Once LRCD assembles all the funding for the renovations, SOGS will donate the land and building to LRCD and the Gale School will become part of LRCD’s real estate portfolio.
Assembling the funding needed for this project has proven challenging because cost estimates more than doubled since 2019 when we began the process. As of May 2024, we have raised over $3 million, so we are close to the finish line. If you are interested in helping us close the budget gap, please email [email protected] today.
Share comment with Carmen Lorentz…
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.
