CalHFA helps preserve affordable senior housing in Los Angeles

The California Housing Finance Agency (CalHFA) has approved $5.525 million in long term, 30 year fixed rate loans which will allow the owners of an existing affordable housing complex in Los Angeles to preserve affordable senior rentals in LA county.  The building, which houses 88 units, will undergo a seismic retrofit and receive replacement windows […]

Los Angeles Moves Forward with New Senior Complex

Recently, the Los Angeles City Council approved a contract for the design of a new senior housing complex that will comply with a new uniform building code.  The council approved a three-year agreement with the Kennard Design Group and Widom Wein Cohen O’Leary Terasawa for a proposed building consisting of a 30,000-square-foot senior center and […]

Looming Senior Housing Shortage in California?

 An article in the Sacramento Bee raises a concern that there may not be enough Senior Housing supply for its aging population over the next 40 years.  City officials estimated that the number of Seniors who may require some type of specialized housing is expected to triple during this time period.  While Sacramento is the […]

Australian Senior Housing Trends

Whether you live in the United States or abroad, common themes keep arising when it comes to Senior Housing.  Some of the trends presented at a recent conference in Melbourne, Australia include housing for seniors within universities, alongside golf courses, above retail shopping centres and even set over railway stations.  Some observations include that the […]

Senior Housing in Mixed Use Retail Centers in Minnesota

Just when you started to get tired of these retail/residential centers springing up in the suburban areas of America, they’ve taken a new twist when it comes to Senior Housing.  Presbyterian Homes and Services’ plans for 14 acres in Wayzata, MN are much like its plans for a 21-acre site in Eden Prairie, MN: a senior […]

January Kicks Off Many Senior Housing Searches

January is the time when most people start looking for senior housing projects and the Detroit Free Press had some good suggestions for defining the search: Determine the type of housing based upon the senior’s physical and emotional needs. Think about what services are needed and how often they would be needed to be given […]

Seniors Squeezed by Cost of Housing in Montana

Seniors in Montana are having a tough time finding affordable housing and citizens are debating how best to balance the traditionally low Montana wages of those working here with skyrocketing housing costs. With low unemployment rates, business owners say they need affordable housing to attract and retain employees but also need to affordable housing to […]