News
Morrissey Construction Company Awarded Contract for 100% Green Housing Community in Jerseyville, IL
(06/21/10) – Morrissey Construction Company is pleased to announce that it has been awarded the contract to construct Lexington Farms; the new neighborhood of 32 single-family homes located in Jerseyville, IL and is scheduled for completion early 2011.
The homes will each have three bedrooms, two full bathrooms and an attached two-car garage. A separate building will house a clubhouse / resource center, community room with kitchenette and bathroom, conference room, computer lab, property manager’s office and storage room. The site will be landscaped with native plants to reduce water usage and will include a state-of-the art playground.
Lexington Farms will be a 100% green housing community – one of the first of its kind in the nation. Solar panels, wind turbines and other technology will reduce utility bills to $0, and the homes are expected to be LEED Platinum. The homes will feature central air conditioning, heat, hot water and other appliances that run on electric energy, powered by roof-mounted solar panels on all homes. The streetlights will also be powered by wind and solar.
The project was funded by more than $2.5 million from Illinois Housing Development Authority, providing federal American Recovery and Reinvestment Act funds and federal low-income housing tax credits. The federal tax credits generated an additional $6.7 million in private equity for the development. The funding also includes a $260,000 grant from Illinois Department of Commerce and Economic Opportunity.
Morrissey Construction Company is a general contracting firm actively engaged in all phases of the construction industry for more than 58 years, specializing in the development and construction of multi-family affordable housing developments. Morrissey Construction has built, financed and renovated more than 14,000 affordable housing units having a present value exceeding $1 billion. We would be pleased to offer our housing services.
