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Woodlands at Zuck Park Honored by NAHMA as 2013 Vanguard Award Winner

Woodlands at Zuck Park Honored by NAHMA as 2013 Vanguard Award Winner

 The National Affordable Housing Management Association (NAHMA) recently announced the winners of its fourth annual Affordable Housing Vanguard Awards, which were created to recognize newly developed or significantly rehabbed affordable multifamily housing communities that showcase quality design and financing. 

 HANDS is pleased to announce that our Woodlands at Zuck Park Community was selected as the Vanguard Awardee for new construction in the small property (under 100 units) category.

 Woodlands at Zuck Park was developed in response to the need identified by Millcreek Township in Erie County, Penn., for at least 29 affordable housing units and 50 senior housing units. HANDS began to effectively fill this void with the development of both the Ridgebury Apartments, a 40-unit senior affordable housing community completed in 2011, and the Woodlands at Zuck Park, completed in June 2012. HANDS had to overcome some neighborhood opposition to the development, which it did through public meetings and by offering a tour of a similar project. Financing included $7.2 million in LIHTCs, a $2.1 million loan from the Pennsylvania Housing Finance Agency, $20,000 in Community Development Block Grant (CDBG) funds, and construction financing from ERIEBANK. The development was completed on time and within budget. The Woodlands consists of 30 three- and four-bedroom townhomes situated on a 6.8 acre site. HANDS employed best practices in storm water management by designing and building state-of-the-art underground storage and drainage chambers. The site is in close proximity to most Millcreek Township and Erie shopping, employment, recreation, entertainment, social services and educational opportunities. The Millcreek Township School District is highly rated, and the development includes green space, a tot-lot, and a community center equipped with meeting space, management offices, laundry facilities, and a business center with computers and Internet access. The property manager and social service coordinator actively work to identify resources that benefit resident families and coordinate resources for them from numerous local agencies. 

  The judges of this year’s Vanguard Awards were distinguished NAHMA members from across the country: Jim McGrath, President, PRD Management, Pennsauken, NJ; Michael Johnson, Executive Vice President, ALCO Management, Inc., Memphis, TN; Ron Burson, President, Gorsuch Management, Lancaster, OH; Steve Henderson, Chief Financial Officer, Wedge Management, San Antonio, TX; and Melanie Kibble, Vice President, Mercy Services Corp., Denver, CO.

 For additional details on the NAHMA Vanguard Award program, see http://www.nahma.org/content/vanguard2013.html.