OBAMA ADMINISTRATION AWARDS $23.7 MILLION TO PRODUCE MORE ASSISTED LIVING SENIOR HOUSING IN FIVE STATES

OBAMA ADMINISTRATION AWARDS $23.7 MILLION TO PRODUCE MORE ASSISTED LIVING SENIOR HOUSING IN FIVE STATES

WASHINGTON, DC – December 6, 2011 – (RealEstateRama) — Elderly Americans in Connecticut, Indiana, Minnesota, New York and Ohio will soon find themselves living in upgraded apartments equipped to meet their physical needs because of $23.7 million in grants from the U.S. Department of Housing and Urban Development. HUD today announced the grants to help convert existing multifamily projects into assisted living facility for the elderly. A detailed summary of each grant is attached to this release.

The funding is provided through HUD’s Assisted Living Conversion Program which provides grants for the physical conversion of eligible multifamily assisted housing projects or portions of projects to assisted living facilities.

“The funding we announce today will allow the elderly an opportunity to age in place in familiar surroundings as they become older and require supportive services,” said HUD Secretary Shaun Donovan. “These grants will provide an affordable option to nursing homes, helping seniors to live independently.”

Assisted living facilities are designed to accommodate low-income frail elderly persons and persons with disabilities who can live independently but need assistance with the activities of daily living such as help with eating, bathing, grooming, dressing and home management activities. These affordable facilities provide support services such as personal care, transportation, meals, and housekeeping.

The grants are awarded on a competitive basis. During the review process, HUD assesses several ranking factors including: the extent to which the conversion is needed by the persons that the project is intended to serve; the quality and effectiveness of the proposal in addressing the proposed conversion including the meals and supportive services which the project intends to provide; the ability of the project owner to secure other community resources which can be combined with the grant to achieve the program’s purposes; and the capacity of the project owner to carry out the conversion in a timely and effective manner.

The owners are responsible for ensuring that converted units meet all local standards, codes and regulations governing assisted living facilities. The projects must also be licensed and regulated by the appropriate governing body.

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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 @HUDnews, on facebook at
www.facebook.com/HUD, or sign up for news alerts on HUD’s News Listserv.

Contact:
(202) 708-0685

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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

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