The Obama Administration recently awarded $23.7 million in funding to convert existing multifamily projects into assisted living senior housing.
Seniors in Connecticut, Indiana, Minnesota, New York and Ohio will benefit from the Department of Housing and Urban Development grants, which will enable them to age in place in apartments designed to meet their physical needs.
The funding has been provided through HUD’s Assisted Living Conversion Program, which converts eligible multifamily assisted housing projects into assisted living facilities.
“The funding will allow the elderly an opportunity to age in place in familiar surroundings as they become older and require supportive services,” said HUD Secretary Shaun Donovan. “These grants will provide an affordable option to nursing homes, helping seniors to live independently.”
The grants will be awarded on a competitive basis, and HUD will assess factors that include the extent to which the conversion is needed by the persons the project is intended to serve; the quality and effectiveness of the proposal in addressing the proposed conversion; the ability of the project owner to secure other community resources which can be combined with the grant; and the capacity of the project owner to carry out the conversion in a timely and effective manner.
New Haven Jewish Federation Housing Corporation, Laverna Terrace Housing, and NCR of Johnstown are among the groups that will be receiving the individual grants, which range from $1.3 million to $8.6 million.
Written by Alyssa Gerace