A partnership between U.S. Bank and a Colorado nonprofit developer has paved the way for the construction of affordable senior housing apartments in the Denver area. U.S. Bank and InnovAge, a nonprofit organization serving Colorado’s aging population, announced yesterday that they have closed on a $22.4 million financing package that will create InnovAge Senior Housing-Thornton, […]
U.S. Bank
U.S. Bank (NYSE: USB) is providing more than $55 million in financing to Retirement Housing Foundation (RHF) toward the development of two affordable senior housing communities in Los Angeles. Both communities are scheduled to break ground this month, utilizing $24.9 million in construction debt and $30.2 million in low income tax credits provided by U.S. […]
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