Braintree and Quincy, MA (January 28, 2022) – Full service real estate and property management firm Peabody Properties announces that The Moorings at Squantum Gardens in Quincy has completed near $478,000 in electrical and gas upgrades through funding from the Massachusetts LEAN Multifamily Program (www.leanmultifamily.org).
Installation of $430,000 in gas upgrades was completed in June of this year. Electrical upgrades funded through LEAN totaling $47,722 are ongoing.
“In the Spring of 2021, we had a system failure resulting in the loss of one of our boilers,” said Kerri D’Amico, director of capital planning at Peabody Properties. “The LEAN Program and ACTION, Inc. (www.actioninc.org), answered our call for help and were instrumental in us being able to maintain a level of comfort for our residents.”
Said D’Amico, “Once the property qualified for the program our Facilities Department and ACTION, Inc. quickly met on site to fast-track the installation of new domestic hot water boilers. Due to the quick response of ACTION, INC. and the LEAN Program there were no shutdowns or temporary measures needed.”