Last week, Enterprise Community Partners, Inc. and MetLife Foundation announced the winners of the 2010 MetLife Foundation Awards for Excellence in Affordable Housing. The competition, which focused on best practices in green housing for low-income seniors, will award $50,000 in unrestricted grant funds and will be recognized at the American Association of Homes and Services [...]
Senior Living Investment Brokerage recently announced the sale of a senior living facility for $8.5 million in Chattanooga, Tennessee and a separate transaction for an Indiana senior living facility for $8 million. The Chattanooga sale was for a five story building consists of 42 Independent Living units, 59 Assisted Living units, and 15 Memory Care [...]
The Hacienda Orgullo Apartments, an apartment complex for very low- and moderate-income elderly and disabled residents in Truth or Consequences, New Mexico, announced that it has secured HOME funds and financing through the U.S. Department of Agriculture Rural Development for its renovation. The project, developed by the New Mexico Housing and Community Development Corporation (NMHCDC), [...]
The residents in Prospect Park Residence’s Essentia® program look forward to some very special visitors nearly every week, when therapy dogs from The Good Dog Foundation come to spend time with them. Essentia® is the senior living community’s memory-impairment program, which provides a therapeutic environment and full complement of activities for older adults with memory [...]
Last week the US Census Bureau released data that showed more people in America living below poverty levels in 2009 which has reached its highest level since 1994. The economic downturn of the last few years has trimmed median household income levels that showed a 4.8% decrease between 2000 and 2009. Income levels between 2007 [...]
Last month, officials from the state of Illinois joined with local community members to celebrate the ground breaking on 106 homes for low-income seniors in southwest suburban Bolingbrook, Illinois. Construction on the McKenzie Falls affordable apartments will create an estimated 130 jobs that will incorporate 42 existing unoccupied apartments and create an additional 64 apartments. [...]
Heading to the Windy City this week for the annual NIC conference? If so, keep an eye out for Senior Housing News making the rounds or email us to setup a time to chat about what’s on your mind, advertising opportunities and your agenda for the rest of the year and 2011. Don’t forget to [...]
As part of the year-long celebration of 150 years of service to youth and elderly in northwest Ohio and southeast Michigan, Lutheran Homes Society (LHS) held a site celebration on September 14 for residents and employees of the three LHS senior independent living housing sites – Luther Grove, Luther Hills and Luther Ridge – located [...]
CRL Senior Living Communities held its ground breaking earlier this week for a new $20 million Alzheimer’s/memory care and assisted living residence in Morton Grove, Illinois. North Grove Manor, scheduled to open in fall of 2011, will offer 84 large private and semi-private suites with a total of 112 beds. The four-story, 74,000-square-foot facility will [...]
