Federal tax credits, stimulus funds enable retrofit for senior housing

October 13, 2011 |
Drew Ballensky

An affordable housing project in Bangor, Maine converted a building at the former Bangor Theological Seminary into a 28-unit housing facility. The project was paid for with the help of tax credits from the federal government as well as stimulus funds. The non-profit group Community Housing of Maine spent the last four years turning the structure into affordable housing for seniors and veterans. It took $6 million to renovate the building. Residents began moving in last week.


Drew Ballensky | Reconstruction Blog

Drew Ballensky is general manager of Duro-Last Roofing, Inc.’s central U.S. facility in Iowa and company spokesman for Duro-Last’s cool roofing, sustainability and architectural education programs. He is past-president of the Chemical Fabrics and Film Association and chairman of CFFA’s Vinyl Roofing Division. Drew earned his bachelor’s degree in industrial technology from the University of Northern Iowa and master’s degree in business administration from Florida State University.
Drew has over 29 years experience in business and industry in various engineering and managerial capacities. He has worked in the U.S. and Canadian operations for a major international manufacturer of pre-engineered steel buildings, was a financial analyst with a major athletic apparel manufacturer and was an owner of a general contracting company.

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