Coyle School Residences
Coyle School Residences
- Units: 50
- Type: Adaptive Re-use
- Occupancy Type: Family
- General Contractor: Dellbrook/JKS Construction
- Property Manager: HallKeen
- Development Costs: $27,872,000
- Federal LIHTC: $11,000,000 of 9%
- State LIHTC: $5,062,500
- Federal Historic Tax Credits: $3,000,420
- State Historic Tax Credits: $2,200,000
Project Description
Co-developed by SCGDP and Choice Housing Opportunities for Intergenerational and Community Endeavors (CHOICE) and situated on approximately seven acres, the Monsignor James Coyle High School, also known as Taunton Catholic Middle School was originally constructed in 1933 as a gothic Revival-style brick high school. The development of the Property consists of two components: the historic rehabilitation and adaptive re-use of the existing 50,500 square foot Coyle High School into 32 apartment units, and new construction of a 20,650 square foot three-story, wood-framed structure consisting of 18 apartment units to be built behind the auditorium of the existing Coyle High School building. The rehabilitation of the Coyle High School will preserve the historic details of the building, in accordance with National Park Service (NPS) guidelines for historic renovation.
Forty five of the fifty apartment units will be governed by a Housing Tax Credit LURA which will limit rental to households earning between 30% and 60% of the area median. The remaining five apartment units will be unrestricted with respect to rent and income. Additionally, one unit will be designated as a sensory-impaired unit and four units will qualify as Community Based Housing units. As of May 2024, the property was 74% leased.