Last month, the Federal Home Loan Bank of Dallas (Bank) announced that it has awarded $8.4 million in Affordable Housing Program (AHP) grants to 39 projects located in Arkansas, Louisiana, Mississippi and Texas. These AHP grants will help create or renovate 1,170 housing units in its district.  The awards included $2,496,673 for 366 units for […]

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Last month, the Federal Home Loan Bank of San Francisco announced the second portion of its 2008 affordable housing grants that will provide housing units in Arizona, California and Nevada.  Grants from the FHLBank San Francisco’s AHP include $2.89 million for projects in the Oakland area congressional district of Rep. Barbara Lee (CA-9th), who […]

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Last month, the Community Housing Partnership (CHP) and Tenderloin Neighborhood Development Corporation celebrated the groundbreaking of Zygmunt Arendt House, CHP’s first housing development to exclusively serve senior citizens. When opened in early 2010, the $16 million Zygmunt Arendt House will serve as a home for 47 formerly homeless seniors in San Francisco’s NoPa neighborhood.  According […]

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The McGregor Foundation is sponsoring an upcoming design charette April 16-19 in Clevland, Ohio with the goal of increasing opportunities for innovative affordable senior housing within three neighborhoods surrounding Cleveland’s University Circle.  The Greater Circle Seniors competition will provide four sites that have specific strengths and weaknesses that design teams will need to address. 
Final […]

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Late last month Cherry Gardens, a 42-unit apartment community dedicated to serving seniors with low incomes, celebrated its groundbreaking in Charlotte, North Carolina.  The Affordable Housing Group of North Carolina, Inc. and StoneHunt, LLC have teamed up to provide this senior apartment complex as parts of their efforts to implement a neighborhood revitalization strategy, which […]

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In a smaller and obscure part of the senior housing industry, an RV dealer put out a press release that analyzed the stimulus package recently passed by the Obama administration that makes the claim that 85% of RV buyers will not qualify for RV tax breaks offered in stimulus package.  According to the release, in […]

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A few weeks ago, Curlin Commons, a 40-unit apartment community dedicated to serving seniors with low incomes, celebrated its ground breaking at Freedom Christian Center in Mooresville, NC.  Culrin Commons is being developed through the joint efforts of the Catholic Diocese of Charlotte Housing Corporation and The Affordable Housing Group of NC, Inc.  The project […]

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Birchez Associates LLC, announced the start of construction for of The Birches at Chambers, a $15 million, green-friendly 66-unit development for seniors. The new senior housing project will be LEED® certified and comprised 52 one-bedroom and 14 two-bedroom units.  Eight of the units will be income directed and the remaining 58 units are set according […]

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For those of you who want to read the 700 pages of the House version of ‘American Recovery and Reinvestment Act of 2009 or those who want to review the amendments being debated in the Senate or try to follow all the press coverage, good luck.  If you just want the down and dirty from […]

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The Federal Home Loan Bank of New York recently announced that the Bank has awarded $19.1 million in subsidies to fund 51 affordable housing initiatives throughout New Jersey, New York, Delaware and Pennsylvania.  These awards, which are funded through the Bank’s Affordable Housing Program (AHP), will result in the creation or rehabilitation of 2,213 affordable […]

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The Las Vegas City Council recently approved nearly $6 million in federal and state funds for the development of 108 affordable housing units at four different projects.  The city of Las Vegas Neighborhood Services Department will oversee the city’s allocation of funding for these affordable housing projects.

Westcliff Pines Senior Apartments - $1.5 million - Phase […]

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The Atlantic Seniors Housing Research Alliance recently announced its Affordable Seniors’ Housing Ideas Design Competition in conjunction with its ASHRA Seniors Housing Needs Conference scheduled for May 2009 in Halifax, Nova Scotia.  The competition is designed to study the housing needs of aging Atlantic Canadians over the next 20 years and what kinds of housing […]

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