The Visiting Nurse Service of New York (VNSNY) announced earlier this month that it recently bid on and is set to acquire the Long Term Home Health Care ("Lombardi") Program from St. Vincent’s Catholic Medical Center. VNSNY is currently licensed to provide long term home health care to 2,301 chronically ill New York residents and [...]
As China tackles its population growth problems between shortages of housing and lack of affordable housing options, the China Post is reporting that the Chinese government anticipates rolling out reverse mortgages in 2012 to deal with a growing population that needs options to age in place. The program will be available to citizens over 65 [...]
The housing market can’t seem to catch a break. The existing-home sales numbers were sharply lower in July according the National Association of Realtors®. The number of sales dropped 27.2 percent to a seasonally adjusted annual rate of 3.83 million units in July from a downwardly revised 5.26 million in June, and are 25.5 percent [...]
Holy Family Senior Apartments in Buffalo, New York recently celebrated its groundbreaking marking the start of its conversion from a former Catholic elementary school. The three-story building will be rehabilitated and transformed into 35 affordable, energy-efficient apartments and is being sponsored by the Diocese of Buffalo and developed by Delta Development of WNY, Inc. and [...]
The California Housing Finance Agency (CalHFA) recently closed its first bond issuance under the New Issue Bond Program (NIBP). The NIBP, made possible through a special partnership with the U.S. Department of the Treasury, will provide $380 million financing for affordable, multifamily housing developments in California. CalHFA’s first NIBP issuance will help create a 185-unit [...]
Blackjack tables filled the living room of The Legacy at Willow Bend, Plano’s first and only life care senior living community, for a community casino night. Members enjoyed cocktails and socialized with friends as they sat around various blackjack and craps tables set up throughout, complete with casino dealers and colorful gaming chips, to create [...]
Outer Marker Properties recently announced the development of Hampton Pointe Manor, an assisted living/Alzheimer’s care project in Missouri City, Texas. The 53,000 square foot facility will contain 77 units, with 54 units dedicated to Assisted Living and 23 units allocated to Memory Care and is expected to open in July 2011. The development plans to [...]
The U.S. Housing and Urban Development (HUD)recently announced that 100 affordable housing developments, including 8,112 homes, around the country have been awarded more than $100 million to complete energy efficient renovations with Recovery Act funds. Some of the grants went to retrofit senior housing projects in Chicago, Illinois, Burlington, Vermont and Revere, Massachusetts. The awards [...]
AmeriCare, a home-based caregiving franchisor, recently announced their approval and addition to the U.S. Small Business Administration (SBA) Franchise Registry. The Franchise Registry is a compilation of franchise systems whose franchise agreements have been reviewed by the SBA, thereby shortening the loan process for franchise investors and ensuring a consistent eligibility decision for loans. AmeriCare, [...]
