Details
Bonneville Multifamily - Section 538 Guaranteed Loan
USDA-Rural Development - Section 515 Direct Loan
Delaware State Housing Authority - 9% LIHTC, HDF
Project Team
General Contractor Gillis Gilkerson Architect Fisher Architecture Equity Investor Fulton Financial Corporation Management T.M. Associates ManagementDescription
Greenside Manor is an acquisition and substantial rehabilitation of an existing 40 unit USDA Rural Development community that was originally built in the 1980s. The project underwent a comprehensive rehabilitation in 2011 with a scope of work that included gutting the building to provide an completely redesigned floor plan and facades, new kitchens, appliances, mechanical systems and many energy efficiency upgrades. The project exterior enhancements included new landscaping, new paving, a maintenance building and site-wide ADA compliance. The rehab also involved the demolition of an existing office and new construction of a large multi purpose clubhouse that includes a laundry room, meeting room, business center and management office. Utilizing a Solar Power Purchase Agreement, the site hosts a 32 kW rooftop solar array to offset common area electricity consumption.