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$4.8 Million Extensive Renovation Transforms a Senior Community in Wisconsin

11/25/2019 | Recent News

National Church Residences celebrates the completion of the substantially renovated Mount Pleasant Manor at 2250 Layard Avenue in Racine, Wisconsin. The $4.8 million project was completed over the span of a year and included numerous upgrades and additions to the campus.

The building, built in 1974, was purchased by National Church Residences in 1997 through a U.S. Department of Housing and Urban Development (HUD) program called the Low-Income Housing Preservation and Resident Homeownership Act. In 2015, HUD collaborated with the Racine County Housing Authority to provide 65 Project Rental Assistance contracts to the property. This allowed Mount Pleasant Manor to be positioned to receive an award of low income housing tax credits in order to further renovate and preserve the community.

“The investments made by National Church Residences and our partners were critical in preserving this affordable housing community for seniors,” said Senior Vice President of Development, Matt Rule of National Church Residences. “This amazing transformation renews the life of these buildings so we can ensure that this community is financially and physically sustainable for decades.” 

Major upgrades to each of the 78 one-bedroom apartments included more accessibility with wider turn radiuses, new water heaters, sprinkler systems, kitchen appliances, cabinets, walk-in showers, toilets, sinks and a fresh coat of paint.

     

The indoor common areas also received a makeover that included newly painted walls. An expanded, more inviting front lobby was developed with automatic entry doors, as well as an improved community kitchen, additional lighting was added throughout the buildings, and a larger elevator was installed.

All of the buildings received new windows. An addition to the community room provides more space for gatherings, while garden boxes, a new attached patio and pavilion gives residents more opportunities to enjoy the outdoors. Lush landscaping and a new privacy fence adorn the campus.

This project would not have been possible without the help of numerous partners, added Rule. Financial partners included the Wisconsin Housing and Economic Development Authority, the City of Racine which provided $400,000 in HOME funds and $750,000 in Affordable Housing Program (AHP) funds from the Federal Home Loan Bank of Chicago, IFF provided construction and permanent financing along with being the AHP sponsor, BMO Harris Bank was the construction lender and CREA was the equity syndicator. In addition, the Housing Authority of Racine provided a project based rental subsidy for 65 units. The architectural firm, Alliance Architects designed the updates and additions to help modernize the campus, while general contractor, First Contracting provided the labor to transform the apartments, common spaces and the outdoor campus.

Mount Pleasant Manor is situated within close proximity to downtown Racine and Quarry Lake Park. Besides all of the recent upgrades, the community offers residents age 55 and older, free Wi-Fi throughout the campus, an on-site laundry and all utilities paid.

National Church Residences has 198 units of senior housing spread across four communities in Wisconsin.

About National Church Residences

National Church Residences serves more than 42,000 seniors through its array of housing and health care services. The not-for-profit organization is driven by a vision of advancing better living for all seniors, enabling them to remain home for life. With 340 communities in 25 states and Puerto Rico, it is the nation’s largest not-for-profit provider of affordable senior housing and the largest manager of service coordinators. The organization also offers residential senior communities, home and community-based services, as well as permanent supportive housing for the formerly homeless and disabled. For more information, visit us at NationalChurchResidences.org and follow us on Facebook, Twitter and YouTube.