About the Project
With the addition of Ridgewood II, the Village Square Campus features four buildings and a total of 129 apartments designed to meet the unique needs of seniors and individuals with disabilities. A robust partnership with MaineHealth ensures that residents can access the health services they need, and other programs such as a wellness room, community dinners, and onsite nutrition and cooking classes promote healthy living throughout the campus.
Economic Impact:
- Wages paid to 145 construction workers, 100% of whom were Maine residents
- $23,431 increase in annual property taxes post-construction (previously $0)
Property Information
Size:
- 24 1- and 2- bedroom apartments
Target Population:
- Seniors 62 +
- Individuals with disabilites
Rent:
- 60% or below area median income (AMI) for affordable units
- Rent based on 30% of household adjusted income, subsidized by Rural Development
Income Limits
- 1 person: $32,400
- 2 person: $37,020
- 3 person: $41,460
- 4 person: $46,260
Sustainable Features:
- 50% of energy is produced onsite
- LEED Platinum and LEED for Homes certification
- Highly insulated
- Enterprise Green Communities
- Energy Star
- Solar panels
Development Information
Development Team:
Developers Avesta Housing, Portland
Architect Gawron Turgeon Architects, Scarborough
General Contractor Great Falls Construction, Gorham
Structural Engineer M2 Structural Engineering, Windham
Mechanical Mechanical Systems Engineers, Yarmouth
Electrical Swift Current Engineering, Yarmouth
Site Civil Engineer Sevee & Maher Engineers, Cumberland Center
Site Work Contractor L.P. Poirer and Son, Inc., Lewiston
Geotechnical S.W. Cole Engineering, Inc., Gray
Legal Curtis Thaxter, Portland
Accountant Otis Atwell, Portland
Funding:
- Gorham Savings Bank – construction loan
- MaineHousing – loan
- Maine Green Affordable Housing – bond
- Northern New England Housing Investment Fund (NNEHIF) – Low Income Housing Tax Credit (LIHTC)
- USDA Rural Development – grant
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