The Department of Community Development provided assistance through it's Handicapped Accessible Loan Program to build a handicapped accessible exterior ramp for Pediatric and Adolescent Medicine located at 426-428 East Street, as well as for the Barrington Stage Company.
|Before Completion||After Completion|
HANDICAPPED ACCESSIBLE LOAN PROGRAM
The Handicapped Accessible Loan Program is intended to provide funding assistance to non-profit and for profit property owners located in the City of Pittsfield. By requiring a private match to loan funding, it is the vision of this program to stimulate other investment in the affected building, depending on the scope and cost of the proposed handicapped accessibility project.
Any non-profit organization that both owns and occupies its own building and private owners of commercial buildings located in Pittsfield. Improvements to the building and private owners of commercial buildings located in Pittsfield. Improvements to the residential portions of buildings are not eligible under this program but may be eligible under residential rehabilitation programs also offered by the Department of Community Development.
(Note: Commercial tenants in these buildings are not eligible to apply directly. Tenants interested in the program for their space must have the property owner apply on their behalf.)
Type of Improvements
Any new physical improvement to the building that is made specifically for providing accessibility to persons who are handicapped. Any improvements made with the use of these funds must comply with the standards defined for such improvements by the Americans with Disabilities Act. Improvements include, but are not limited to:
·exterior or interior ramps
·doors and doorways
·emergency warning devices
(Note: Costs associated with maintenance of existing equipment or structures are not eligible for funding under this program.
How the program works:
Funding is available on a first-come, first serve basis subject to acceptability of the proposal by the Department of Community Development and approval by the Mayor. Applications for funding may be submitted at any time. Matching funds from other sources are required. Funds will be provided as “deferred payment loans” as follows:
|Deferred Payment Period||5 Years – 20% of loan forgiven each year, no payment is required|
|Loan Repayment: Interest||0% Interest|
|Loan Repayment: Principle||No repayment of principle, as long as guidelines are met|
|Funds Matching Ratio||1:3 – for profits|
|1:1 – non-profits|
|Maximum Loan for elevator||$15,000 – matching ratio does not apply|
Because the source of funding for this program is the U.S. Department of Housing and Urban Development, the applicant is required payment of Davis Bacon prevailing wage rates. A Davis Bacon wage decision is simply a listing of different work classifications and the minimum wage rate that must be paid to anyone performing work in those classifications and the minimum wage rate that must be paid to anyone performing work in those classifications of the project.
For more information contact Laura Mick, at 413-499-9378