Construction: Planned CA Ventures Planning Assisted Living Project in Kansas City Area Chicago-based real estate investment, development and management firm CA Ventures gained approval from the Overland Park Planning Commission this week for a special-use permit and final development plan for a 116-bed assisted living facility it plans to build within a $350 million mixed-use […]
Category: Affordable Housing
Construction: Planned Carriage Hill Assisted Living to Break Ground Next Week Carriage Hill Assisted Living will break ground on a new assisted living facility in Madbury, New Hampshire on March 26, the company said in a release. The 24-bed facility will feature architectural features in the style of a New England barn, living rooms, a […]
Lesbian, gay, bisexual and transgender (LGBT) advocacy groups are joining forces with the Department of Housing and Urban Development (HUD) to create a new campaign to address the housing needs of LGBT seniors nationwide. The initiative includes plans to maximize housing opportunities, improve policy and cultural awareness and strengthen anti-discrimination protection for older LGBT people. Additional details […]
The first of its kind to open in the city of Boulder in 32 years, one of Colorado’s newest affordable housing senior living communities reflects an appreciation for the outdoors, with environmentally-friendly features and spanning mountain views. High Mar Senior Housing, a 59-unit multi-family apartment building designated for households with members who are 55 and […]
Nonprofit senior housing and health care provider American Baptist Homes of the West (ABHOW) is expanding its affordable housing footprint through the reorganization of its affordable housing division as Beacon Communities, effective Jan. 1. A subsidiary company wholly owned by ABHOW, Beacon Communities will focus on meeting the housing needs of seniors with lower incomes […]
The Senior Housing News Architecture & Design Awards are back. And this year, they’re bigger than ever. After receiving hundreds of entries last year from senior housing communities nationwide, the annual SHN Awards are back to showcase cutting-edge design, excellence and innovation in senior living for 2014. Sponsored by Kwalu, a provider of furniture for […]
As senior living developers continuously herald the anticipated coming of the baby boomer generation to fuel housing demand in the years ahead, there’s one group within this demographic that shouldn’t be ignored: the LGBT community, reports USA Today. With already two communities geared toward lesbian, gay, bisexual and transgender seniors open nationwide, USA Today spotlights […]
Construction: Planned Ohio Senior Living Community Plans $20 Million Expansion Otterbein Senior LIfestyle Choices is planning a $20 million expansion to add more housing to its continuing care retirement community (CCRC) campus in Lebanon, Ohio, reports Dayton Business Journal. The project will create 83 independent living units across 20 new buildings, among them will be 17 […]
A new Philadelphia-based building that caters to low-income seniors in the lesbian, gay, bisexual and transgender (LGBT) community may soon inspire similar models nationwide. The John C. Anderson apartments, a six-story building that opened recently in Center City, Philadelphia, has attracted residents from across the country, including Florida and New York, The Washington Post reports in […]
A new loan from Freddie Mac provides affordable senior housing developers a cheaper alternative for financing new construction and renovation projects, with one company realizing cost savings of up to 40% through the new product. Launched at the end of last month, Freddie Mac’s Direct Purchase of Tax-Exempt Loans initiative aims to keep rental housing […]
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