1 minute read
Planned Gift Enables Employee Housing Expansion
Over the past year NCH increased its employee housing inventory by 20 bedrooms in seven new housing units. In early December, NCH broke ground on three new stand-alone homes on Meadowview Drive that are expected to be complete in May of 2023.
The homes are being constructed on a lot that was created by dividing an existing lot that the hospital received in an estate gift from island native James R. Dennis. Mr. Dennis gifted the original property to NCH as a Life Estate in 2002. The hospital, in turn, rented the existing three-unit property from Mr. Dennis from 2002 until his passing in 2018, providing him income from the property during his lifetime.
The new homes, which include a total of ten bedrooms and ten baths, were manufactured offisland by Dreamline Modular Homes of Nantucket and transported to the island in partially finished form via barge in January. The construction cost of one of the homes was underwritten by a bequest from the Patricia P. Griffin 2019 Trust, and the home will be named the Pat Griffin House in Mrs. Griffin’s honor.
Previously in 2022, NCH purchased two brand new six-bedroom duplexes in the Richmond Development area off Old South Road. Along with the Meadowview
Drive homes, these bring the hospital’s total owned inventory of employee housing to 77 bedrooms across 34 housing units. The purchase of the new duplexes and the construction of the new homes was funded through donor gifts dedicated to that purpose from the hospital’s capital campaign.
For information on making a gift of cash or assets to the hospital as part of an estate plan, please contact Chris Glowacki at 508-825-1384.