Supported living

Greystone Provides $16.8 Million for Supportive Living Community in Illinois Under New HUD Seniors Green Financing Program

Retrieved on: 
Wednesday, August 16, 2023
FHA, Plum Creek, Amortizing loan, Nursing, Geneva, HUD, Water, Supported living, Real estate

NEW YORK, Aug. 16, 2023 (GLOBE NEWSWIRE) -- Greystone , a leading national commercial real estate finance company, has provided a $16.8 million HUD LEAN 232/223(f) green loan to refinance a 102-unit Supportive Living Facility in Rolling Meadows, Illinois.

Key Points: 
  • NEW YORK, Aug. 16, 2023 (GLOBE NEWSWIRE) -- Greystone , a leading national commercial real estate finance company, has provided a $16.8 million HUD LEAN 232/223(f) green loan to refinance a 102-unit Supportive Living Facility in Rolling Meadows, Illinois.
  • The financing was originated by Adam Lipkin, Vice President and Michael Zukerman, Managing Director, of Greystone with Brent Connell of Geneva Capital acting as correspondent on the transaction.
  • The Supportive Living program in Illinois is an alternative to nursing home care for low-income older persons requiring mid-range care needs as opposed to skilled nursing.
  • This leads to a substantial decrease in annual financing costs and enables a significantly larger loan than HUD-insured financing without the green benefits.

Greystone Provides $35.7 Million in HUD-Insured Financing for Two Illinois Supportive Living Facilities

Retrieved on: 
Monday, May 8, 2023
Nursing, Supportive housing, HUD, SLF, Supported living, Financial services

NEW YORK, May 08, 2023 (GLOBE NEWSWIRE) -- Greystone , a leading national commercial real estate finance company, has provided a total of $35,740,00 in HUD-insured loans to refinance two Supportive Living Facilities (SLF) in Illinois.

Key Points: 
  • NEW YORK, May 08, 2023 (GLOBE NEWSWIRE) -- Greystone , a leading national commercial real estate finance company, has provided a total of $35,740,00 in HUD-insured loans to refinance two Supportive Living Facilities (SLF) in Illinois.
  • The financing was originated by Eric Rosenstock, Managing Director at Greystone, on behalf of Grand Lifestyles.
  • Illinois developed the Supportive Living Program as an alternative to nursing home care for low-income older persons requiring mid-range care needs as opposed to skilled nursing.
  • “Greystone’s HUD-insured financing solution is an ideal long-term solution for the Supportive Living asset class, benefiting the property and residents for years to come.”

Florida Community Loan Fund Receives $1.1 Million Award from CDFI Fund

Retrieved on: 
Tuesday, February 28, 2023
Working poor, Housing, CDFI, Treasury, Philippines–Australia Community Assistance Program, Supported living, U.S. Department of Agriculture Cotton Annex, Community Development Financial Institutions Fund, CASL, Disability, Pacific typhoon season, Education, Bank

ORLANDO, Fla., Feb. 28, 2023 /PRNewswire/ -- Florida Community Loan Fund, a statewide nonprofit lending institution, received a $1.1 million Financial Assistance Award from the U.S. Department of Treasury Community Development Financial Institution Fund. The FA Award allows FCLF to continue its 28-year history of providing affordable and flexible financing to support Florida's low-income communities by increasing the supply of affordable housing and community service facilities.

Key Points: 
  • ORLANDO, Fla., Feb. 28, 2023 /PRNewswire/ -- Florida Community Loan Fund , a statewide nonprofit lending institution, received a $1.1 million Financial Assistance Award from the U.S. Department of Treasury Community Development Financial Institution Fund.
  • The most recent award is a crucial piece of FCLF's plan to deploy $80 million in financing throughout Florida to support affordable housing and community facilities over the next three years.
  • Community Assisted and Supported Living, CASL : affordable housing with on-site supportive services for individuals with disabilities in West and Southwest Florida.
  • The CDFI Fund awarded a total of $194.1 million in Financial Assistance Awards to 252 CDFIs.

AlayaCare Wins Christian Horizons Business--Transforming Services for People with Intellectual and Development Disabilities

Retrieved on: 
Wednesday, December 14, 2022
Cloud, Respite, SIL, Supported living, Community, Information system, Employment, Information, Intellectual, Disability, Disability in Canada, SGL, Schauer, Growth, RFP, NDIS, Horizon, Health insurance

Christian Horizons is Canada's largest developmental services agency, with primary operations in Ontario and Saskatchewan.

Key Points: 
  • Christian Horizons is Canada's largest developmental services agency, with primary operations in Ontario and Saskatchewan.
  • Following an extensive request for proposal (RFP) process, Christian Horizons chose AlayaCare based on the company's modern, scalable technology and commitment to developing configurable solutions for the developmental services sector.
  • AlayaCare Cloud was designed with the capacity to facilitate many aspects of self-directed services, enabling, and accelerating Christian Horizons' strategic direction and service transformation.
  • "This new business relationship with Christian Horizons is a key milestone validating AlayaCare's commitment to the growing developmental services sector.

Gov. Pritzker Signs House Bill 246 That Improves Care for Illinois Seniors May 31 at Victory Centre of Roseland Supportive Living Community

Retrieved on: 
Wednesday, June 1, 2022
Dream, Privacy, Individual, Goal, Nursing, Morgan Park High School, Wills, Legislation, Health care, Trinity United Church of Christ, Retirement, VIVA, Recreation, Waterton, Illinois Department of Veterans' Affairs, Student, Supported living, Rehabilitation, Parent, Wendell Phillips Academy High School, House, Illinois Department of Healthcare and Family Services, Occupational therapy, Walking, Medicaid, Education, Chicago State University, Housing, Nightclub, Hospital, Health insurance, Residential care

Betty Jacobs, age 88, a retired Morgan Park High School art teacher, who lives at Victory Centre of Roseland, gave remarks at the bill signing.

Key Points: 
  • Betty Jacobs, age 88, a retired Morgan Park High School art teacher, who lives at Victory Centre of Roseland, gave remarks at the bill signing.
  • Jacobs stated that she is fortunate and grateful for the affordable care, comfortable housing, and engaging lifestyle state-funded supportive living offers.
  • Residents with state-funded financial assistance that House Bill 246 provides can stay at a Supportive Living community if, and when, personal funds are depleted.
  • Victory Centre of Roseland's Independent Living and Supportive Living community is operated by Pathway to Living, a Chicago-based developer, owner and operator of senior housing communities.

Hundreds of City Workers plan to March Down Market St in Protest of Mayor's Refusal to Safely Staff City Services

Retrieved on: 
Wednesday, March 23, 2022
IBEW, Hearing, San Francisco General Hospital, Risk, Infrastructure, Laborer, Homelessness, 1977 San Francisco Board of Supervisors election, Budget, Language, San Francisco Department of Public Health, International union, Department of Environment, Housing and Community Development, Gardener, Multimedia, DPH, 1021, Board, IFPTE, Health care, Firefighter, Social, Hospital, DPW, IATSE, Public health, Market Street, Public works, View, Health, SF, Supportive housing, Goal, San Francisco City Hall, COVID-19, Climate change mitigation, San Francisco Department of Public Works, International Brotherhood of Teamsters, Supported living, Department, SAN, SEIU, History, Employment agency, Recycling, Economics, City

SAN FRANCISCO, March 22, 2022 /PRNewswire/ -- City workers are doubling down on their efforts to urge the Mayor to address San Francisco's staffing crisis, as hundreds of workers plan to march down Market Street on March 23. Earlier in the day, members of the Board of Supervisors will be holding a hearing during the Budget and Finance meeting (agenda item #9). The hearing will focus on the chronic short-staffing across the Department of Public Health, including at San Francisco General Hospital, that is impacting patient care and the ability of residents to access services.

Key Points: 
  • In addition to the march and hearing, workers are releasing preliminary research that shows just how severe the city's staffing crisis is across key departments.
  • City management has already admitted that there are over 3,800 vacancies citywide, a figure that represents roughly 10% of the total positions the city has budgeted for.
  • Vacancies have an undeniable impact on the quality and speedy delivery of services from City departments.
  • The Public Employee Committee of the San Francisco Labor Council brings together over 30,000 dedicated public service workers among 26 unions.