posted on May 06, 2015 18:40
PM Environmental, Inc. was contracted to complete Capital Needs Assessments (CNA) to specifications of the United States Department of Agriculture Rural Development (USDA-RD) program, Phase I Environmental Site Assessments and Lead in Water Testing on two multi-family properties in Southwest Pennsylvania.
The properties included a 13-unit, two-building townhouse complex constructed in 1974 with 13,000 square feet and a 72-unit, eight building apartment and townhouse complex constructed in three phases in 1977, 1979 and 1985 with 65,540 square feet.
Critical health and safety deficiencies identified by the CNA’s included subpanels that are known fire hazards, a lack of ground fault interrupter (GFI) outlets in kitchens and bathrooms, accessibility deficiencies in the leasing office restroom including a lack of grab bars, a round-handle sink faucet, and a lack of scald protection, and accessibility deficiencies in the designated assessable dwelling unit including use of a pocket-door with finger-pull hardware. Recognized Environmental Conditions (RECs) identified by the Phase I included the potential for underground storage tanks (USTs) to be present both on subject and adjoining property and potential for migration of contamination from adjoining property due to historical land uses. Lead in water testing identified that lead concentration in water was below the Environmental Protection Agency’s (EPA) limit for drinking water with exception of a sample whose result suggested contamination from plumbing lines and not attributed to the water source.
Renovation budgets as prepared by the Owner’s General Contractor were reviewed for applicability, scope and cost and were incorporated into the reports. A total of $5.2M in capital needs were identified through renovations planned for the first year and over the 20-year term for the two properties.