Humanities Foundation Awarded Two Virginia Developments Valued at $22 Million

Mount Pleasant, SC – Humanities Foundation has been awarded two LIHTC senior developments in Virginia.  They will be the first senior apartments developed by the Foundation in Virginia. Both developments will be Earthcraft Platinum Certified and elevator served and will be built utilizing Low Income Housing Tax Credits administered by the Virginia Housing and Development Authority.

The first development, Mintbrook Senior Apartments, will consist of 80 units built upon a four- acre site in Bealeton, VA.   It will be ideally located within Mintbrook, a 332- unit planned – unit community that will ultimately include townhomes, single – family homes and commercial development integrated with open spaces and walking trails.  Mintbrook Senior Apartments will consist of one attractive three – story building with brick and siding.  On – site amenities include a community space with a meeting area, a business center, an exercise room, a central laundry facility, a gazebo and a garden area.

The second recently awarded LIHTC development is Cavalier Senior Apartments.   This development also consists of 80 units for seniors and will be located near Crater Road in Petersburg, VA.  It will also consist of one attractive three- story building with brick and siding and will enjoy the same amenities as Mintbrook Senior Apartments.

Both developments are joint ventures with James Doran Company. They will consist of a mix of one and two – bedroom units and are situated near a wide variety of services and area amenities.  The construction of both properties is to begin during January of 2015 and should take about 12 months.  As with all of Humanities Foundation senior properties, a comprehensive program will be implemented to allow residents to age in place as effectively as possible.  Possible initiatives may include a food pantry, wellness screenings, educational seminars and recreational activities.

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