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Entries Tagged as 'Affordable Housing'

Abundant Life Fellowship, Michaels Development to Create Senior Apartments in Delanco, New Jersey

September 24th, 2009 · Comments Off

Abundant Life Fellowship, a non-denominational Christian Church located in Edgewater, NJ, is finalizing plans for creating mixed-use community featuring affordable apartments for low-income seniors as well as a regional medical center on a 52-acre site that the Church owns in Delanco, N.J.  The campus, to be called Living Springs, will be developed on the former [...]

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Tags: Affordable Housing · Senior Apartments · Senior Housing Developers

Low Income Senior Apartments In Louisiana Get Affordable Housing Grant

September 14th, 2009 · Comments Off

The Federal Home Loan Bank of Dallas (FHLB Dallas) awarded a $210,000 Affordable Housing Program (AHP) grant to the Ruston Housing Authority located in Ruston, Louisiana.  The grant will assist with the construction of Orchard Creek Apartments, a 30-unit complex for very low-income senior residents and funding was made available through Community Trust Bank in [...]

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Tags: Affordable Housing · Low Income Senior Housing · Senior Apartments

FHLB New York Announces Grants For Senior Housing Projects

September 2nd, 2009 · Comments Off

Alfred A. DelliBovi, President of the Federal Home Loan Bank of New York, announced that the Bank has awarded $16 million in subsidies to fund 39 affordable housing initiatives throughout New Jersey, New York, Delaware and Pennsylvania in early August.  These awards, which are funded through the Bank’s Affordable Housing Program (AHP), will result in [...]

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Tags: Affordable Housing · Senior Housing Developers · Senior Housing Finance

NYS Announces Catholic Charities Brooklyn and Queens Picked to Develop 80 Senior Housing Units at Fineson

August 26th, 2009 · Comments Off

New York State recently announced that Catholic Charities Progress of Peoples Development Corporation has been chosen to buy and develop the Bernard Fineson Developmental Disabilities Senior Office site in Howard Beach, Queens, into low- and moderate-income senior housing.  The site, which is in the process of being closed, will be converted by Catholic Charities [...]

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Tags: Affordable Housing · Senior Apartments · Senior Housing Developers

Bay Area Community Gets Funding For Senior Housing Tied To Public Transportation Access

August 25th, 2009 · Comments Off

Officials from the Association of Bay Area Governments (ABAG) and the Metropolitan Transportation Commission (MTC) recently celebrated the actions of numerous Bay Area communities that have been awarded voter-approved Proposition 1C housing bond funds from the California Department of Housing and Community Development.  Over the past few years, the Bay Area has taken big steps [...]

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Tags: Affordable Housing · Senior Housing California · Senior Housing Developers

Newly Constructed Senior Living Community Opens in Detroit

August 13th, 2009 · Comments Off

The Village of St. Martha’s Senior Living Community recently celebrated its grand opening at the end of July.  This newly constructed, three-story building was made possible through a $5.4 million grant awarded by the U.S. Development of Housing and Urban Development (HUD) and is located on 22 acres that may be used for future development. [...]

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Tags: Affordable Housing · Senior Housing Communities · Senior Living

Northwestern Ohio Independent Living Apartments Expected To Be Complete By End Of 2009

August 12th, 2009 · Comments Off

Lutheran Homes Society (LHS) recently announced that it is anticipating finishing Phase II at the Covenant Harbor senior housing community in Oak Harbor, Ohio near the of 2009. When construction is complete, 24 new one-bedroom, independent living apartments will be available for low-income seniors age 62 and older. The HUD-subsidized project is being constructed next [...]

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Tags: Affordable Housing · Senior Apartments · Senior Living

Construction Begins On Affordable, Independent Senior Villas In Missouri

July 27th, 2009 · Comments Off

Rosemann & Associates, P.C. recently began construction on a $3.8 million independent senior living development in Wentzville, Mo. called Villas at Peruque Hills.  Developed by GHL Development, an affiliate of Gundaker Commercial Group who serves as the General Contractor, the Villas will be mixed affordable and market rate senior housing with funding provided by the [...]

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Tags: Affordable Housing · Low Income Housing · Senior Housing Architecture · independent living

Proposed Northern California Senior Housing Community to Enhance Revitalization of Downtown Area

July 22nd, 2009 · Comments Off

Nonprofit developer Resources for Community Development (RCD) and KTGY Group, Inc., Architecture and Planning, are proposing to contribute to the renaissance of Martinez, California’s downtown area. Using the inspiration of the local architecture, the latest in green building technologies and design, and answering the strong demand for high quality affordable housing for seniors, RCD [...]

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Tags: Affordable Housing · Environmentally Friendly Development · Low Income Senior Housing · Senior Housing California

Pennsylvania Announces Senior Living Projects Receiving Approval For Stimulus Funds

July 7th, 2009 · Comments Off

The governor of Pennsylvania, Governor Rendell, and the Pennsylvania Housing Finance Agency recently announced the approval for funding for 99 projects that will make affordable senior housing more prevalent in the commonwealth comes from the Neighborhood Stabilization and Low Income Housing Tax programs.  Some of the senior housing and living projects approved for funding [...]

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Tags: Affordable Housing · Low Income Senior Housing · Senior Apartments · Senior Housing Legislation

FHLB San Francisco Announces Awards $30.3 Million in Affordable Housing Program Grants in Six States

June 14th, 2009 · Comments Off

The Federal Home Loan Bank of San Francisco awarded $30.3 million in Affordable Housing Program (AHP) grants in the first round of the 2009 competition earlier this month. The AHP grants, awarded to 42 projects that address the unique needs of individual communities, will produce 2,558 affordable housing units in Arizona, California, Illinois, Nevada, [...]

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Tags: Affordable Housing · Low Income Senior Housing · Senior Housing California · Senior Housing Communities · Tax Credits

Horizons at Indio Receives National Award For Affordable Senior Housing Community

June 8th, 2009 · 1 Comment

Horizons at Indio, an affordable housing community developed by Urban Housing Communities (UHC) and Heritage Community Housing (HCH), celebrated its achievement of honorable mention in the senior housing category of the 15th Annual Charles L. Edson Tax Credit Excellence Awards program.  The Charles L. Edson Tax Credit Excellence Award is a national awards program presented [...]

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Tags: Affordable Housing · Environmentally Friendly Development · Senior Housing Architecture · Senior Housing California · Tax Credits