HUD AWARDS $17 MILLION TO CONVERT APARTMENTS INTO ASSISTED LIVING OR SERVICE-ENRICHED SENIOR HOUSING

HUD AWARDS $17 MILLION TO CONVERT APARTMENTS INTO ASSISTED LIVING OR SERVICE-ENRICHED SENIOR HOUSING

Funding to help elderly residents remain in their homes

WASHINGTON, D.C. – September 25, 2014 – (RealEstateRama) — The U.S. Department of Housing and Urban Development today awarded $17 million in grants to the owners of multi-family housing developments in six states to convert some or all of their apartments into assisted living or service-enriched environments for elderly residents (see attached list for grant recipients).

The funding announced today is provided through HUD’s Assisted Living Conversion Program which supports the transformation of housing into units that can accommodate the special needs of seniors seeking to remain in their homes or ‘age in place.’

“There is a growing demand for affordable housing that will allow lower income seniors to live independently and age in place in their own homes,” said HUD Secretary Julián Castro.  “These grants will help these apartment owners to offer assisted living or service-enriched environments that will allow their senior residents to remain in their homes for as long as they can.”

HUD’s Assisted Living Conversion Program grants provide private, nonprofit owners of eligible developments with resources to convert some or all of the dwelling units in the project into an Assisted Living Facility (ALF) or Service-Enriched Housing (SEH) for elderly residents aging in place. Licensed and regulated by the State or local community, Assisted Living Facilities (ALFs) are designed to accommodate frail elderly and people with disabilities who can live independently but need assistance with activities of daily living (e.g., assistance with eating, bathing, grooming, dressing and home management activities) ALFs must provide support services such as personal care, transportation, meals, housekeeping, and laundry.

Service-Enriched Housing is designed to accommodate frail elderly persons or elderly persons with service needs who are aging in place.  Residents are able to live independently but need assistance with activities of daily living comparable to services typically provided in a licensed assisted living facility, such as healthcare-related services.  These supportive services must be available through a licensed or certified third party service provider.  Service-Enriched Housing is housing that accommodates the provision of services to elderly residents who need assistance with activities of daily living in order to live independently.

HUD awarded the following grants (read individual grant summaries):

State

Recipient

Address

City

Amount

Connecticut Horace Bushnell Congregate Homes 51 Vine Street Hartford

$1,181,464

Indiana AHEPA 232, Inc. 7355 Shadeland Station Way Indianapolis

$2,382,277

Indiana LaVerna Terrace Housing Corporation 571 N. Main St. Avilla

$3,000,000

Maryland N.M. Carroll, Inc. 701 N. Arlington Ave. Baltimore

$2,464,428

Maine Diocesan Bureau of Housing 510 Ocean Ave. Portland

$2,049,655

Minnesota Coon Rapids VOA Elderly Housing, Inc. 3101 NW 11th  Ave. Coon Rapids

$3,000,000

Ohio National Church Residences of Russell’s Point, OH 601Lincoln Blvd Russell’s Point

$3,000,000

TOTAL

$17,077,824

###

HUD’s mission is to create strong, sustainable, inclusive communities and quality affordable homes for all.
HUD is working to
strengthen the housing market to bolster the economy and protect consumers; meet the
need for quality affordable rental homes: utilize housing as a platform for improving quality of life; build
inclusive and sustainable communities free from discrimination; and transform the way HUD does business.
More information about HUD and its programs is available on the Internet at
www.hud.gov and
http://espanol.hud.gov
. You can also follow HUD on twitter @HUDGov, on facebook at
www.facebook.com/HUD, or sign up for news alerts on HUD’s Email List.

Brian Sullivan
(202) 708-0685
http://www.hud.gov/news/index.cfm

SHARE
HUD

U.S. Department of Housing and Urban Development (HUD) is the nation’s housing agency committed to increasing homeownership, particularly among minorities; creating affordable housing opportunities for low-income Americans; and supporting the homeless, elderly, people with disabilities and people living with AIDS. The Department also promotes economic and community development, and enforces the nation’s fair housing laws.

Contact:

Brian Sullivan
(202) 708-0685

Previous articleHUD AWARDS $7.5 MILLION TO HELP SENIORS AND PERSONS WITH DISABILITIES TO LIVE INDEPENDENTLY AT HOM
Next articleHUD AND CENSUS BUREAU REPORT NEW RESIDENTIAL SALES IN AUGUST