June 26, 2014
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Low-income senior citizens living at the 30-unit Mary Colbert Apartments in Charlestown will see major improvements to the property as a result of a $3.2 million MassHousing construction and permanent loan.
The nonprofit Charlestown Economic Development Corporation owns the Mary Colbert Apartments, located at 20 Devens St. in Charlestown. The building was constructed in the 1870s and operated as a school until the 1970s. It was converted to senior housing in 1982 as a HUD Section 202 assisted development and all 30 units are subsidized by a HUD Section 8 Housing Assistance Payment Contract that runs through 2032.
Among the renovations planned for the property are the repair of exterior brick walls, replacement of the original slate roof and windows, installation of new electrical breaker panels and ADA improvements to a common kitchen and laundry area.
"The Mary Colbert Apartments are generally in good condition but the property does need some significant renovations," said MassHousing Executive Director Thomas R. Gleason. "With long-term affordability already in place, these improvements will restore the property to a top-quality affordable housing community for the senior citizens who live there."
Construction is expected to be completed over the next 12 months. The contractor is Consigli Construction. The architect is Arthur Vogt of Spencer and Vogt Group and the management agent is Barkan Management Company.