Hunt Capital, Durham Housing Authority to renovate 177-unit senior complex

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Hunt Capital Partners, Durham Housing Authority, and California Commercial Investment Group announced the closing of $7.5 million in low-income housing tax credit equity financing for the acquisition and rehabilitation of J.J. Henderson Senior Apartments in Durham.

California Commercial Investment Group and its affiliates are serving as the developer and management agent for the project. Clancy & Theys Construction Co. is the general contractor, and MHAworks is project architect.

Situated on 1.83 acres, J.J. Henderson Senior Apartments is an existing public housing property featuring a nine-story residential complex that contains 177 units for seniors 62 and older, or any age if disabled. It is currently 98 percent occupied and has a waiting list of six to 12 months.

This will be the first major rehabilitation of J.J. Henderson Senior Apartments since it was built in 1978. Rehabilitation will include ADA and energy efficient upgrades in the units and community room as well as upgrades to the exterior of the building. Work will also include demolition of the building’s one-story auditorium wing.

When completed, J.J. Henderson Senior Apartments will offer 141 studio and 36 one-bedroom units restricted to senior households earning 30 and 60 percent of the area median income. The unit mix includes nine mobility-impaired units and 18 accessible units for persons with disabilities or homeless populations.

Construction work is anticipated to begin April 2021 and is scheduled for completion in December 2022.

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