Supportive Housing: 202 Refinancings
NEF Partners with LifeLink
NEF partnered with LifeLink Housing Corporation and Scott Canel & Associates to build nearly 1,000 units of affordable scattered site senior housing projects in the Chicagoland area: Anchor Senior Living, Greenwood Senior Living, Grove Senior Living and Oasis Senior Living. Each development is a HUD 202 refinancing using 4 percent tax credits, tax-exempt bonds and FHA insurance under HUD's 223(f) insurance program, and all units are subsidized via a Section 8 HAP contract with HUD. A full-time, on-site social services coordinator and office is available at each property.
More Information
LifeLink Housing is a multi-faceted health and human service organization providing quality programs and services to people of all generations, cultures, religions, genders and socio-economic status. Learn more about LifeLink.
To find out how you can help prevent and end homelessness in America, please visit the National Coalition for the Homeless website at www.nationalhomeless.org.
The American Association for Homes and Service for the Aged (AAHSA) helps millions of individuals through their 5,700 member organizations, which offer the continuum of aging services: adult day services, home health, senior housing, assisted living residences, nursing homes, and more. Get more information.
Contact:
Vince O'Donnell
Local Initiatives Support Corporation (LISC)
VP Affordable Housing Preservation Initiative
617-338-5170 or vodonnell@lisc.org

