NewCourtland gets $11M in tax credits for Frankford senior site

A NewCourtland Senior Services has received $11 million in New Markets Tax Credits to build a 15,000 square foot facility in the former St. Bartholomew Catholic School in Frankford to provide medical services, adult day care, and other services for low-income seniors, according to Corporation for Supportive Housing, a New York community development organization that provided the credits.

The facility will be used for NewCourtland's Living Independently for Elders (LIFE) program, which is for seniors who qualify for both Medicare and Medicaid and have health problems that would make them eligible to be in a nursing home. LIFE allows them to remain at home while providing all-encompassing care through a center like the one NewCourtland is building in Frankford. NewCourtland had 458 seniors enrolled last month, federal data show.

The Frankford facility is expected to open next year.

NewCourtland, which is based in Center City, bought the property for $1.5 million in May, public records show. It initially plans to construct 42 one-bedroom apartments with a preference for seniors in the LIFE program. An additional 101 units are planned, but not date has been set for that part of the project.