Graham SchoolVeazie, ME Graham School was developed to meet the needs of the elderly population in the Veazie/Bangor area by providing affordable rents as well as access to affordable supportive services, health care and social activities. The original building, the John R. Graham School, located in downtown Veazie, is convenient to town services and within walking distance of the Municipal Building. The development is primarily new construction with a section of the school being retained and used as community space. |
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| LP Name | Graham School Senior Housing Associates LP | |
| Number of Units Type Residency |
20 new construction elderly |
|
| Placed in Service Date Partnership Closing Date |
01/03 12/01 |
|
| Unit Mix | 16 one-bedroom units 4 two-bedroom units |
|
| Income Target | 6 units at or below
40% of AMI 6 units at or below 50% of AMI 8 units at or below 60% of AMI |
|
| NNEHIF Fund | MHEF 2000 LP | |
| Other Sources of Funding | Merrill
Merchants First Mortgage MaineHousing RLP Subsidy Town of Veazie Federal Home Loan Bank of Boston AHP |
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| Developer | Penquis Community Action Program | |
| Property Manager | The Housing Foundation | |