From Forbes:
Once, these edifices were the bulwarks against illness. Today, they're part of the cure for the malaise afflicting housing availability. Nationwide, vacant hospitals, mental institutions and sanitariums are being recast as newly-opened apartment buildings. In communities from Los Angeles to New York City, and from Charlottesville, Va. and Washington, D.C. to Denver, the doors of shuttered healing centers are swinging back open to admit residents.
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In a new YouTube video, Fannie Mae highlights the Housing Authority of the City of Austin’s (HACA) comprehensive rehabilitation of its Gaston Place community, a 100 unit property for low-income seniors and disabled individuals. HACA partnered with Fannie Mae and Bellwether Enterprise to employ the Rental Assistance Demonstration (RAD) program as a tool to help finance Gaston Place’s repair backlog of nearly $8 million.
From WDVM:
Fairfax County Board of Supervisors has approved over 100 units of affordable senior housing.
The board approved the construction of 150 units of senior housing in the high cost areas of Alexandria and Fairfax.
The Fairfax County Redevelopment and Housing Authority has partnered with Arlington Partnership for Affordable Housing to get the ball rolling of the development of the Oakwood Residences.
From Senior Housing News:
An adaptive reuse project that will transform a vacant Chicago hospital into a mix of affordable senior apartments and assisted living is underway.
A recent report from the Harvard Joint Center for Housing Studies found that housing units receiving HUD subsidies were more accessible for older people and those with mobility difficulties compared to unsubsidized units occupied by low-income renters. A significant proportion of households served through HUD-assisted housing are older adults for whom accessibility is essential for successful independent living.
From Multi-Housing News:
New York State’s first LGBT-friendly affordable elder housing featuring 145 units has opened in Fort Greene, Brooklyn. Dubbed Stonewall House to mark the 50th anniversary of the Stonewall Uprising in Manhattan that spurred the beginning of the national movement for LGBT rights, the community is the largest project of its kind in the U.S. and dates back to 2016 when planning began for the project then known as Ingersoll Senior Residences.
From Block Club Chicago:
Two mission-based developers have joined together to propose a new Rogers Park project that would provide LGBTQ-friendly senior housing and artist live/work space.
From the New York Real Estate Journal:
The Municipal Housing Authority for the City of Yonkers (MHACY) was recently voted as the city’s best senior housing (non-site specific) in the Yonkers Chamber of Commerce’s 15th Annual Best of Yonkers competition.
All winners will be featured in the Chamber’s August 30th “Best of Yonkers” issue of the Yonkers Progress.
From Multi-Housing News:
Developers have wrapped up work on a 168-unit affordable senior housing property in the West Farms neighborhood of the Bronx, New York City. The eight-story development at 1880 Boston Road sits atop an existing medical office building and will provide affordable apartments for low-income seniors, including the formerly homeless.