Affordable senior housing - McKnight's Senior Living We help you make a difference Wed, 17 Jan 2024 23:31:21 +0000 en-US hourly 1 https://wordpress.org/?v=6.1.4 https://www.mcknightsseniorliving.com/wp-content/uploads/sites/3/2021/10/McKnights_Favicon.svg Affordable senior housing - McKnight's Senior Living 32 32 Actions & Transactions, Jan. 18 https://www.mcknightsseniorliving.com/home/news/business-daily-news/actions-transactions-jan-18-2024/ Thu, 18 Jan 2024 05:00:00 +0000 https://www.mcknightsseniorliving.com/?p=90787 PointClickCare acquires fellow EHR player American HealthTech … Assisted Living Locators opens 150th franchise … Bayview closes $6M C-PACE financing for Durango, CO, senior living community … ESI arranges $31.5M sale of Littleton, CO, senior living community … Colliers Mortgage provides $1.5M HUD 241(a) loan to rehab Burnsville, MN, affordable senior housing community … Continuum Advisors brokers sale of Baltimore CCRC

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Actions & Transactions, Jan. 17 https://www.mcknightsseniorliving.com/home/news/business-daily-news/actions-transactions-jan-17-2024/ Wed, 17 Jan 2024 05:00:00 +0000 https://www.mcknightsseniorliving.com/?p=90705 Experience, Stellar open senior living community in Spokane, WA, in second joint venture … Boston non-profit acquires suburban affordable senior housing … Construction begins on Las Vegas-area affordable senior housing

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More news for Tuesday, Jan. 16 https://www.mcknightsseniorliving.com/home/news/more-news-for-tuesday-jan-16-2024/ Tue, 16 Jan 2024 05:06:00 +0000 https://www.mcknightsseniorliving.com/?p=90611 LeadingAge focuses on new strategic plan, opportunities … Iowa offers best access to older adult care: study … HumanGood receives $26M in affordable housing green retrofit program grants … Affordable Connectivity Program in jeopardy

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HumanGood awarded $26.48 million to fund ‘green’ efforts at 3 communities https://www.mcknightsseniorliving.com/home/news/business-daily-news/humangood-awarded-26-48-million-to-fund-green-efforts-at-3-communities/ Tue, 16 Jan 2024 05:03:00 +0000 https://www.mcknightsseniorliving.com/?p=90623 Three of HumanGood’s affordable senior housing communities have received a total of $26.48 million in grants under the first wave of the Department of Housing and Urban Development’s Green and Resilient Retrofit Program.

“HumanGood is honored to have three of its Philadelphia communities receive this award in its first wave,” Vidhi Anderson, vice president of development at HumanGood, said in a press release

The funds were awarded to Jackson Place, Riverside Presbyterian Apartments and Tioga Presbyterian Apartments. Those were the only properties in Pennsylvania among 19 US total properties to receive comprehensive awards from HUD, HumanGood noted.

“We look forward to working with HUD and our development and construction teams to focus on innovative ways to provide resources to our communities and residents while adapting to the ever-changing climate they are in,” Anderson said.

HUD awarded the first wave of GRRP monies last month, with $173.9 million in new loans and grants.

Through the GRRP, funds are available to help Section 202 Supportive Housing for the Elderly Program and other multifamily housing owners improve energy or water efficiency; enhance indoor air quality or sustainability; and implement the use of zero-emission electricity generation, low-emission building materials and energy storage or building electrification strategies.

Katie Smith Sloan, president and CEO of LeadingAge, previously called the GRRP funding disbursement “a tremendous step forward toward ensuring that low-income older adults are safe and protected as threats from climate change escalate.”

GRRP is the first HUD program that simultaneously invests in energy and water efficiency, greenhouse gas emissions reductions, clean-energy generation and climate resilience strategies in multifamily housing, according to HUD. 

“I am deeply proud of our HUD team for getting hundreds of millions of dollars from the president’s Inflation Reduction Act on the street through the Green and Resilient Retrofit Program. Together, we are directing these funds to the people we serve, and ensuring thousands of American families can live in more resilient, efficient and affordable communities,” HUD Secretary Marcia L. Fudge stated.

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More news for Thursday, Jan. 11 https://www.mcknightsseniorliving.com/home/news/more-news-for-thursday-jan-11-2024/ Thu, 11 Jan 2024 05:05:00 +0000 https://www.mcknightsseniorliving.com/?p=90455 Senator vows to repeal new DOL independent contractor rule … University of Arizona designated an ‘Age-Friendly University’ … Top senior living food trends blend tradition, innovation … Florida woman pushes for cameras in assisted living to fight elder abuse … Beneficiaries still access-challenged in states with greater HCBS support, study reveals … HUD publishes Green and Resilient Retrofit Program supplemental notice

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Actions & Transactions, Jan. 11 https://www.mcknightsseniorliving.com/home/news/business-daily-news/actions-transactions-jan-11-3/ Thu, 11 Jan 2024 05:00:00 +0000 https://www.mcknightsseniorliving.com/?p=90462 JLL closes $179.5M 7-year fixed rate loan with Fannie Mae for Brookdale … Ziegler provides $68.5M financing for Acts Retirement–Life Communities … Capital Funding Group closes $9.5M HUD loan for Pennsylvania SNF … Associated Bank, Johnson Financial Group originate $54.6M construction financing for Madison, WI, affordable housing project … JLL arranges recapitalization of Boston-area assisted living community … Continuum Advisors completes sale of bankrupt Friendship Village of Schaumburg, IL

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Actions & Transactions, Jan. 5 https://www.mcknightsseniorliving.com/home/news/business-daily-news/actions-transactions-jan-5-3/ Fri, 05 Jan 2024 05:00:00 +0000 https://www.mcknightsseniorliving.com/?p=90158 New owners seek to convert Maine county’s last nursing home to assisted living … BWE secures $26M in financing for senior housing properties in 4 states … Resort Lifestyle Communities opens active adult community in Northville, MI … Former Rockport, MA, bamboo field becomes affordable housing for seniors, families

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Business briefs, Jan. 4 https://www.mcknightsseniorliving.com/home/news/business-daily-news/business-briefs-jan-4-3/ Thu, 04 Jan 2024 05:01:00 +0000 https://www.mcknightsseniorliving.com/?p=90095 AHEPA to provide quality assurance, training for service coordinators at 2 affordable senior housing communities … Census Bureau estimates US population at 335,893,238 … Fines suspended for nursing homes that violate minimum staffing law … Accelerated pace of change will continue for senior living and care

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Actions & Transactions, Jan. 4 https://www.mcknightsseniorliving.com/home/news/business-daily-news/actions-transactions-jan-4-3/ Thu, 04 Jan 2024 05:00:00 +0000 https://www.mcknightsseniorliving.com/?p=90097 American Healthcare REIT announces stock offering  … Berkadia arranges $36M refinancing for Miami-area active adult community … JLL Capital arranges acquisition funding for 3 senior living communities in Minneapolis–St. Paul area … Inland Real Estate purchases 3 senior living properties in Minneapolis area

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Actions & Transactions, Jan. 3 https://www.mcknightsseniorliving.com/home/news/business-daily-news/actions-transactions-jan-3-2/ Wed, 03 Jan 2024 05:00:00 +0000 https://www.mcknightsseniorliving.com/?p=90008 Ensign Group acquires SNFs in Nevada, Tennessee … LTC Properties declares monthly cash dividend of $0.19 per common share per month for the first quarter … SLIB negotiates sale of Seattle senior living community … Hunt Capital transfers ownership of Biloxi, MS, affordable senior housing property … DePaul senior living community Westwood Commons unveils remodel

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