Supportive housing is a combination of housing and services intended as a cost-effective way to help people live more stable, productive lives, and is an active “community services and funding” stream across the United States. It was developed by different professional academics and US governmental departments that supported housing. Supportive housing is widely believed to work well for those who face the most complex challenges—individuals and families confronted with homelessness and who also have very low incomes and/or serious, persistent issues that may include substance use disorders (including alcoholism), mental health, HIV/AIDS, chronic illness, diverse disabilities (e.g., intellectual disabilities, mobility or sensory impairments) or other serious challenges to stable housing.
Tag: Supportive housing
EAH Housing Announces Leasing for Affordable Rental Community Aloha Iā Halewilikō in ‘Aiea on...
EAH Housing, one of the largest and most respected nonprofit housing development and management organizations in Hawai'i and California, announced the start of leasing...
KeyBank Community Development Lending Provides Financing for Affordable Housing Property El Camino Commons
KeyBank Community Development Lending and Investment (CDLI) provided a $32 million tax-exempt construction loan and a $15 million taxable construction loan to finance the...
Hebrew SeniorLife Expands Affordable Senior Housing with Ribbon Cutting Celebration for Center Communities of...
Hebrew SeniorLife celebrated the expansion of its Center Communities of Brookline (CCB) campus with a ribbon cutting for the opening of 108 Centre Street.
The...
Soria Apartments Delivers 63 Units of Affordable Housing to East Greenwich Rhode Island
Pennrose, Cove Homes, Inc., and project partners celebrated the grand opening of Soria, a brand-new, mixed-income housing community on Frenchtown Road in East Greenwich....
Peabody Properties Opens Applications for 3371 Washington Senior Housing Community in Jamaica Plain
Peabody Properties, an affiliate of The Peabody Companies, a group of award-winning property management and real estate firms, announces that applications are available now...
Merchants Capital Secures $32.9M for 60-Unit Affordable, Supportive Housing Development at East 7th Street...
Leading financial services provider Merchants Capital announced $32.9 million in financing for the construction of East 7th Street, a 60-unit affordable and supportive multifamily...
BRP Companies and Hudson Companies close on $343M in Financing for Phase II of...
Hudson Companies and BRP Companies announced closing on $343 million in financing for the second phase of La Central, delivering an Extremely Low &...
Merchants Capital Secures $25.5M for Twin Cities-based Affordable and Supportive Housing Development Prairie Pointe
Leading financial services provider Merchants Capital announced $25.5 million in debt and equity financing for the construction of Prairie Pointe, a 42-unit affordable and...
Wells Fargo Provides $163M Construction Financing on Bay Area Affordable Housing Complex Midway Village
Wells Fargo has provided a total of $162.9 million in financing for Midway Village Phase 2, the new construction of the second phase of...
MassHousing has Awarded $185,000 for the Preservation of Affordable Sober Housing and Supportive Services...
MassHousing has awarded $185,000 in grant funding to four non-profit organizations supporting individuals and families impacted by substance use disorder, known as sober housing.
The...
SDS Capital Launches New National Capital Platform ‘SDS Impact Debt’ (SDSID)
Los Angeles-based impact fund manager SDS Capital Group has launched SDS Impact Debt (‘SDSID’). This new capital platform provides below-market permanent and construction financing...
NeighborWorks Housing Solutions Cuts Ribbon at The Lincoln in Brockton near Boston
NeighborWorks® Housing Solutions, the leading housing service provider in southern Massachusetts, celebrated the ribbon-cutting of The Lincoln, a new community offering 37 units of...
Merchants Capital Secures $316+M for Phase II of Alafia, a Mixed-Use Affordable Development in...
Leading financial services provider Merchants Capital announced more than $316 million in construction, permanent and equity financing for the second phase of Alafia (Alafia...
Self Help Enterprises Celebrates Grand Opening of New Affordable Housing Community Guardian Village Near...
Self-Help Enterprises (SHE) celebrated the grand opening of Guardian Village, a vital new affordable housing development in Reedley that addresses the critical housing shortage...
Construction Started on Aufgang Designed 100% Affordable Multifamily Community on Ogden Avenue in the...
Construction has begun on an Aufgang Architects designed 100% affordable community that includes supportive housing, located at 1415 Ogden Avenue in the Highbridge section...