Corundel CommonsCorinna, ME The first step in a community re-use plan for the downtown village of Corinna, Corundel Commons is located on Corundel Lake in an attractive setting on the former Eastland Woolen Mill property. The town of Corinna has made a major effort to encourage the development of Corundel Commons including donating the land. The Eastern Agency on Aging provides a wide range of services to residents that will help promote and maintain their independence. |
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| LP Name | Corundel Commons Senior Housing Associates LP | |
| Number of Units Type Residency |
20 new construction elderly |
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| Placed in Service Date Partnership Closing Date |
2/06 2/05 |
|
| Unit Mix | 16 one-bedroom units 4 two-bedroom units |
|
| Income Target | 12 units at or below 50% of AMI 8 units at or below 60% of AMI |
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| NNEHIF Fund | Merrill Bank/MHEF 2004 LP | |
| Other Sources of Funding | Maine State Housing Authority Federal Home Loan Bank of Boston AHP |
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| Developer | Penquis Community Action Program | |
| Property Manager | The Housing Foundation | |