Groundbreaking

Groundbreaking for New Senior Apartments in Alabama Will Help Meet Significant Demand

To celebrate the groundbreaking for Country Club Estates in Montgomery, AL, community members and financing partners—including NeighborWorks Capital’s Senior Loan Officer Emily Dorfman—joined developers Gulf Coast Housing Partnership (GCHP) and Volunteers of America Southeast (VOASE).

The $12.6 million project will transform a vacant site in Montgomery into 62 new one-and two-bedroom apartments for seniors with incomes of $32,000 to $40,000 (50-60% AMI), with 16 apartments set aside for veterans and four for disabled individuals. NC has committed a $680,000 permanent loan for the development, which will help meet the significant demand for high-quality affordable homes for seniors and individuals with disabilities.

Gaudenzia Claymont Treatment Center’s Grand Opening

Gaudenzia’s new Claymont treatment facility opened to much applause in late August. A leading treatment provider in high demand in one of the Delaware communities where the opioid crisis has hit hardest, Gaudenzia needed a new home when its previous 16-bed facility was forced to relocate.

Helping bring addiction resources to the community in Claymont, DE

With its Wilmington addiction treatment facility under pressure to relocate, leading provider Gaudenzia needed a new facility.