New Community Partners Projects
Linden Park in Bolton Hill was formerly a 286-unit affordable housing project for seniors known as Memorial Apartments which was financed under the HUD 202 program. NCP has partnered with Somerset Development Company and the former owner of the property, Memorial Apartments Corporation, to completely renovate the property, maintaining 266 units of affordable housing for seniors. The $54 million redevelopment effort began with 200+ tenants in place in May, 2014 and is now complete. Final lease up is underway with stabilization expected in 1Q17.