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Rehab Development helps Hawkinsville, GA obtain $1,000,000.00 Hope VI Main Street Grant Award!

Hawkinsville, GA – (July 26, 2010). Rehab Development, Inc is pleased to announce that the City of Hawkinsville, GA has been awarded a $1,000,000 HOPE VI Main Street Grant to assist with a comprehensive mixed use / mixed income revitalization development that has been underway for sometime in the heart of downtown.

“Rehab’s initiative and resourcefulness is a critical boost to many ongoing efforts” said Rex Todd, an affiliate of Landmark Asset Services & Cotton Mill Lofts LLC, both part of the greater revitalization effort going on in Hawkinsville. “Rehab Development’s success in writing and winning the successful HOPE VI Main Street Grant is perfectly timed. Moreover, it allows all the other funds, land uses, visions and agency agendas to fit together perfectly,” said Mr. Todd.

The Main Street Grant will be used at 100 S.Houston St, a former mill site that ceased operations in 2001 leaving 400 people out of work.

Since that year the City and companies associated with Rehab Development Inc. have attracted funding for and completed environmental studies, undertaken environmental abatement and selective demolition / stabilization and are ready to embark on the upfit of the Ocmulgee River Community Market. Additionally, housing tax credits are currently being sought for adaptive reuse of a portion of the mill as 32 affordable rental units to be known as Cotton Mill Lofts. The City retains land for its Riverwalk project that will connect the site to parks and boat ramps.

Rehab Development’s Main Street Grant will convert another portion of the “campus” into 9 to 11 market rate apartments, meeting an expressed need for mixed income housing in downtown Hawkinsville.

Rehab Development will be the developer for the City and will be responsible for Main Street Project’s success. “We couldn’t be more honored or excited to participate in this incredible revitalization effort” said Rehab Development principal Patrick Reilly.