Father Bill’s & Mainspring House have chosen 26 Moulton Street as the location of a 10-unit Veterans Home in Randolph. The project would be in collaboration with the State and residents would have to meet federal and state criteria to qualify. Father Bill’s & Mainspring will own and operate the property consisting of 10 rental units, a shared laundry, common space and staff office. The property would help qualified veterans end their homelessness and acquire services.
Project complete
06-10-2019
Project Category
Project Details
Housing Units
10
0
10
Acres
0
0
0
0
0
0
CPA Funding
$0
$100,000
$0
$0
$0
$100,000
$0
0
$0
Other Funding Sources Leveraged
$0
$35,000
$75,000
$1,460,000
$900,000
100000 from Home Depot Foundation, 500000 grant from Envision Bank, 300000 permanent financing Envision Bank,
Total Project Cost
$2,570,000
$2,470,000
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