MOSCOW – On June 9th, 2017, state representative Mike Carroll and other local officials were present to break ground on an exciting new project for the area: an $11.3 million Academy II Senior Housing project.
The complex will have 48 units are to be renovated from the Academy Street School and Academy Gardens. The mixed-income, multi-generational campus is conveniently located near downtown Moscow.
"Moscow is a wonderful place to live and this project will allow many North Pocono residents to continue to remain in the community they proudly call home,” Carroll said. “Future residents of this project will be the beneficiary of living in close proximity to a vibrant Main Street, in a safe neighborhood and in a borough with outstanding community leaders.”
There will be many one bedroom units as well as several two bedroom units. Special care was taken to include six units to cater to the needs of the audio and visually impaired.
The mixed income nature of the property is in the affordable rents presented in the plan.
Three units will be affordable to those who are at or below a 20% Area Median Income (AMI), twenty two units will be the right fit for those at 50% AMI and twenty three will be affordable to those households at 60% AMI.
“As our citizens advance in years they need to consider the transition from high maintenance and costly residential living to high-quality, affordable senior living alternatives in our communities,” said Blake.
There will also be a community room with kitchenette, outdoor patio, fitness center, game room and supportive services offices. The complex is also within walking distance of Golden Park.
“It's a very significant project for the area,” said Jeff Cavanaugh, Communications Director for Senator Blake.
Another good feature is the connection to United Neighborhood Centers of Northeastern PA, who through their supportive services program will provide planned activities and support to these older residents.
Blake added, “I know that residents at Academy Street will enjoy these new apartments and the project we break ground on today will add significant value to the downtown community and business district.”