MFEConceptCommunity 2016

MFEConceptCommunity 2016

New Mexico Development Aims to Meet the Needs of Grandfamilies

Generations at West Mesa recognizes that grandparents are often raising their grandchildren.

1 MIN READ

Wendy McEahern

Generations at West Mesa is home to seniors and grandparents raising their grandchildren in Albuquerque, N.M.

Developed by Gorman & Co. and nonprofit Catholic Charities, the 54-unit multigenerational community targets households that are often overlooked. Generations at West Mesa recognizes that grandparents are often the primary caregivers for their grandchildren.

ā€œThe grandfamily aspect is a big component of the development,ā€ says Zach Johnson, director of housing finance at Gorman & Co. As a result, Generations at West Mesa brings together design elements and services for both seniors and youths. For example, there’s a playground and after-school activities for children as well as gardening stations and services for seniors.

Catholic Charities is offering a suite of on-site and off-site programs, including grandparenting classes.
Another notable aspect is the public-private partnership behind the project, with the city donating the land for the development, says Johnson.

Wendy McEahern

Forty-five apartments are affordable to residents earning no more than 30%, 50%, and 60% of the area median income, and nine units are market-rate to create a mixed-income development, with all of the homes aimed at seniors. Eleven units are covered by Section 8 project-based vouchers.

Universal design principles are incorporated throughout the property to ensure maximum accessibility and visibility for residents and visitors.

Financing for the approximately $12 million Generations at West Mesa includes 9% low-income housing tax credits and the National Housing Trust Fund.

PROJECT DETAILS

Developers: Gorman & Co. and Catholic Charities
Architects: Dekker/Perich/Sabatini and Gorman & Co.
General Contractor: Gorman General Contractors
Major Funders: Boston Capital; Chase Bank; New Mexico Mortgage Finance Authority; Federal Home Loan Bank of Cincinnati; city of Albuquerque; Catholic Charities

About the Author

Donna Kimura

Donna Kimura is deputy editor of Affordable Housing Finance. She has covered the industry for more than 20 years. Before that, she worked at an Internet company and several daily newspapers. Connect with Donna atĀ dkimura@questex.comĀ or follow herĀ @DKimura_AHF.

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