Gorman & Company’s first project in Gary, Indiana, is the renovation of the historic Carolyn Mosby Senior Living Community. In July of 2023, residents, city officials, Gorman & Company staff and partners, the family of Carolyn Mosby, and other community members gathered to marvel at the completed updates to this eight-story midrise on Jackson Street.
The Carolyn Mosby Senior Community is an existing 142-unit mid-rise for the older adult community (55+) and serves those living within the income groups of 30%, 50%, and 60% Annual Median Income (AMI). Originally constructed in 1970, the former public housing project consists of 136 one-bedroom apartments and six two-bedroom apartments, all of which are now beautifully rehabbed and ADA-compliant.
The senior community was aptly named in honor and remembrance of Carolyn Brown Mosby, an iconic civic leader, and devoted Gary resident who represented Gary, IN, community in the General Assembly for ten years. The naming of the building was a testament to Mosby’s dedication to improving the lives of elderly citizens in her hometown. Her genuine approach and personal connection with residents earned her
the admiration of the community.
“She (Caroline Mosby) was a very tireless person in terms of representation of the area”
Former Gary Mayor Thomas V. Barnes
Mosby passed away at the age of 57 in 1990 after a courageous batter with cancer. Her significant contributions to public service and her commitment to the well-being of senior citizens continue to inspire and shape the community she so passionately served.
Project Partners
“We are excited by our partnership with the Gary Housing Authority and helping with the renaissance of not only the Carolyn Mosby Senior apartments but also Gary, Indiana,” said Ron Clewer, Illinois Market President of Gorman & Company. “We have been diligent in ensuring the property renovation brings local jobs and advances local expenditures for labor and materials to aid in that renaissance.”
Gorman & Company utilized Section 18 of the U.S. Housing Act of 1937 to make this renovation possible. A partnership with Gary Housing Authority and financing from Merchants Bank, Merchants Capital, and Zions Bank also helped ensure affordable housing for senior residents. The equity partner was Boston Financial, and gap funding was by the Indiana Housing & Community Development Authority (IHCDA) and the City of Gary HOME funds.
