1. The John and Christina Markey Malden Senior Community Center …A public/private partnership brings new life downtown Presentation to: National Community Development Association (Winter 2012 Conference)

2. A Few Facts About Malden, MA An urban city five miles north of Boston Population 59,450 Catalyst for renewed interest and investment in downtown

3. State-of-the-Art Facility New use for former church Greatly expanded facilities Ten times the size 5,400 senior visits per month Three times as many BeforeAfter

4. Leveraging the Necessary Resources Funding Sources: $ 2M- HUD Section 108 Loan $ 7.2M- City $ 450K- Cambridge Health Alliance Donation $ 250K- Private Foundation Grant Total Pricetag: $ 7.6M- Rehab $ 2.3M- Acquisition

5. A Successful Adaptive Re-Use High-tech auditorium Host of recreational amenities Regulation-sized pool table Nautilus room Bocce court Computer room Vibrant public courtyard Library with gas fireplace Large kitchen

6. Some Demographic Projections The new “elder population” differs from prior generations: Healthier Better educated More racially and ethnically diverse Longer life expectancy Extended time in the workforce (Source: Report, White House Conference on Aging, 2005)

7. Special thanks to NCDA for this Audrey Nelson Community Development Achievement Award Malden takes pride in using federal funds to address the needs of its growing elderly population