Ticonderoga A project to make the former Moses Ludington Hospital a senior citizen housing complex is on schedule.
Liberty Affordable Housing Inc. and Inter-Lakes Health have informed town officials they expect to begin work on the $7 million project in June. Completion is anticipated in September 2013.
The project will turn the now-vacant facility into 31 one-bedroom units for low-income seniors. It will be called Moses Circle Senior Apartments.
Liberty and Ti officials began working on the project in 2006. The process included an Adirondack Park Agency map change in 2007 that made the project exempt from Adirondack Park Agency oversight.
The old MLH building is owned by Inter-Lakes Health, which owns and operates the current hospital, nursing home and adjacent Lord Howe Estates senior housing complex.
The plan is for the senior apartments to be operated by CRM Rental management, a division of Liberty, which now operates Lord Howe Estates in conjunction with Inter-Lakes Health.
Funding for the project was announced last fall. Earlier attempts to secure funding had failed.
Moses Circle Senior Apartments is one of 35 projects chosen statewide to receive funding to build and preserve affordable housing under New York State Homes and Community Renewal’s competitive 2011 Unified Funding round.
Funding for the project is through New York State Homes and Community Renewal with a $1.36 million low-interest HOME loan and an allocation of federal low-income housing tax credits. The tax credits will be converted to a private equity investment of $5.66 million.
Moses Circle Senior Apartments will include modern, energy efficient apartments with central air conditioning and EnergyStar appliances. The building will include an elevator, large community room with kitchen, outdoor covered portico overlooking Moses Circle, a computer room, laundry facilities and management office. The entire building will be handicap accessible with four units fully adapted for people with mobility impairments.
The project will include onsite parking, new landscaping with seating areas and a walking path surrounding the building that will also connect to the crosswalks on Montcalm Avenue.
Liberty Affordable Housing Inc. is a not-for-profit developer with over 1,200 units of quality affordable housing across New York State.