Terraces on Tulane, a newly constructed senior housing community in New Orleans, Louisiana, is celebrating its re-opening after the former facility was badly damaged by Hurricane Katrina. The Terraces on Tulane replaces Forest Towers, badly damaged by Katrina, and is a 200-unit community for low-income seniors and is operated by Volunteers of America (VOA). The [...]
Entries Tagged as 'Low Income Housing'
Volunteers Of America Readies To Open Terraces On Tulane In New Orleans
February 15th, 2010 · Comments Off
Tags: Low Income Housing · Low Income Senior Housing · Senior Apartments · Senior Housing Developers · Senior housing
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 [...]
Tags: Affordable Housing · Low Income Housing · Senior Housing Architecture · independent living
Rhode Island Housing Project For Low-Income Seniors Honored
June 14th, 2009 · Comments Off
The Washington, D.C.-based Affordable Housing Tax Credit Coalition recently honored The Meadows, a Rhode Island affordable housing development designed to meet the needs of low-income seniors, with the Charles L. Edson Tax Credit Excellence Award for senior housing.
The $20 million, 80-unit project involves the new construction of a two-story building offering one- and two-bedroom [...]
Tags: Low Income Housing · Low Income Senior Housing · Senior housing · Tax Credits
Nobility Homes Announces Results And Investment in Florida Retirement Parks
April 22nd, 2009 · 1 Comment
Will manufacturers of senior housing products begin to invest in real estate as the demand for their products wanes with the economic downturn? That appears to be the case with a Florida-based manufactured housing maker. Nobility Homes, a manufacturer of manufactured homes, has announced its first quarter results that show a .03 loss per share [...]
Tags: Low Income Housing · Low Income Senior Housing · Senior Housing Finance · Senior Housing Sales
Housing Authorities and Agencies Begin Announcing Use Of Stimulus Funds For Senior Housing
April 22nd, 2009 · Comments Off
As money from the Department of Housing and Urban Development begins being distributed to housing agencies across the country, many local agencies and politicians are eager to demonstrate that stimulus money is being put to work quickly for important project for low and moderate income constituents. Last week, leaders of the Tacoma Housing Authority held [...]
Tags: Low Income Housing · Low Income Senior Housing · Senior Housing Finance · Subsidized Housing · Tax Credits
Study Shows Affordable Rental Housing Lacking For Seniors And Other Americans
April 15th, 2009 · Comments Off
The National Low Income Housing Coalition (NLIHC) released its report, Out of Reach 2009, that provides a frightening view of affordable rental housing in the United States. The NLIHC annual Out of Reach report provides data for every state, metropolitan area and county in the country showing how much a household must earn to afford [...]
Tags: Affordable Housing · Low Income Housing · Low Income Senior Housing · Senior housing
New York Announces $253 Million In Affordable Housing Grants
April 8th, 2009 · 1 Comment
New York Governor David A. Paterson announced early this week $253 million in affordable housing grants coming to New York through the American Recovery and Reinvestment Act (ARRA). The New York project are the first housing projects in the U.S. to be awarded funding through the ARRA, and will allow for the preservation of existing [...]
Tags: Affordable Housing · Low Income Housing · Low Income Senior Housing · Senior Housing Finance · Senior Housing Legislation · Tax Credits
Rosemann Completes New Senior Living Community in Kansas City
February 24th, 2009 · Comments Off
Earlier this month, architectural and interior design firm Rosemann & Associates, PC announced that construction of the 42 unit, independent senior living community in Kansas City, Mo. known as D.A. Holmes II Senior Apartments has been completed and 100 percent occupied. The owner, D.A. Holmes Senior Housing II, L.P. developed the $4.9 million, affordable senior [...]
Tags: Low Income Housing · Low Income Senior Housing · Senior Housing Architecture · Senior Housing Communities · Senior Housing Developers · Senior Housing Finance · Senior Living · Tax Credits
Dominium Development And Acquisition, LLC Completes Renovation Of Affordable Senior Apartment Complex
February 9th, 2009 · 1 Comment
Dominium Development and Acquisition, LLC recently announced the completion of a major renovation of an aging apartment community designed specifically to serve seniors and disabled persons in need of affordable housing. Messenger Towers Senior Apartments was built in 1973 under the Section 8 project-based housing program. This federal housing program subsidizes rent for low-income residents [...]
Tags: Low Income Housing · Low Income Senior Housing · Senior Housing Developers · Senior housing
Congressional Stimulus Bills & Senior Housing: A Few Highlights
February 8th, 2009 · 1 Comment
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 [...]
Tags: Affordable Housing · Low Income Housing · Low Income Senior Housing · Medicare & Medicaid · Senior Housing Developers · Senior Housing Finance · Senior Housing Legislation · Senior housing · Tax Credits
FHLB New York Awards $19 Million For Affordable Housing
February 5th, 2009 · Comments Off
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 [...]
Tags: Affordable Housing · Low Income Housing · Low Income Senior Housing · Senior Housing Developers · Senior Housing Finance · Senior housing · Subsidized Housing
Las Vegas City Council Allocates $6 Million In Funds For Affordable Senior Housing
February 2nd, 2009 · Comments Off
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 [...]
Tags: Affordable Housing · Low Income Housing · Low Income Senior Housing · Senior housing



