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PARKHURST PLACE
Amherst, New Hampshire

Great Bridge has had key consulting roles with the Souhegan Valley Interfaith Housing Corporation of Amherst, NH. The Souhegan Valley Interfaith Housing Corporation was formed when five local Church groups decided to address the shortage of affordable and market rate elderly housing in the region. As development consultant, Great Bridge assisted the organization in putting together a development team and handled all financing and tax credit matters for the tax-exempt bond transaction. Great Bridge values its working relationship with the non-profit housing community which is a vital component in the effort to meet housing needs in the area.

  Project Summary – Parkhurst Place
  Location: Veteran's Road, Amherst, NH
  Units: 42 garden style elderly units
  Contractor: Cheshire Builders
  Architect: Burnell Johnson Architects
  Investor: Boston Capitol Partners
  Manager: Stewart Property Managment
  Funding: NHHFA Tax-exempt Bond, LIHTC, HOME
  Cost: Total Development Costs $4,350,000