Posts tagged ‘housing’

Funding Opportunity: $50,000 Grants Awards for Excellence in Affordable Housing

Deadline: May 31

Applications are being sought for Excellence in Affordable Housing Awards for nonprofits. Four $50,000 grants will be awarded for exemplary leadership, innovation and quality service delivery in affordable senior housing. The grant program seeks to showcase models of excellence in the design, operation, and property management of affordable, green senior housing; to increase understanding of how to achieve success in providing high-quality independent living for seniors; and to share models and provide financial support for agencies that exhibit excellence in green and service-enriched independent senior housing.

For more information or to apply, CLICK HERE>>

Source: PCA News Bulletin / MetLife Foundation

Market Movers

How the emergence of Generation Y, the aging of baby boomers, and immigration trends will impact the multifamily industry in the next decade.

NUMBERS MAY NOT LIE, BUT SOMETIMES they can make a liar out of conventional wisdom.

Throughout the recession, demographics have served as a beacon of hope to apartment owners. “Things may be bad now,” went the refrain, “but just wait until Generation Y comes along.”

Turns out, we didn’t have to wait long. The demographic trends that will shape the next decade arrived this year, with absorption rates so strong they turned conventional wisdom on its ear. A hefty 77,000 apartment units were absorbed in the first half of 2010, the strongest demand in a decade. But where did all of those renters come from? continue reading>>

Source: HousingFinance.com

Affordable Senior Apartments to Open February 2011

Applications are now being accepted for Presser Senior Apartments, opening February 2011 at 101 West Johnson Street in Philadelphia. The new affordable complex for adults, age 62 and older, features private off-street parking, on-site laundry room, telephone entry system, and more. The 2010 maximum income limits are $32,940 for one person or $37,620 for a couple. Accessible apartments are available. Monthly rent starts at $155 for a one bedroom, which includes water and sewer. For more information, call 1-877-215-9767. continue reading>>

Source: PCACares News Bulletin, November 30, 2010

More Americans live with multiple generations of family

By Sharon Jayson, USA TODAY

More people than ever before are bunked together in multigenerational households across the USA as a record 49 million (16.1% of the population) share close quarters either permanently or temporarily, a report today by the Pew Research Center shows.

Since 1980, the share of Americans living in such households jumped 33%. That represents a sharp reversal from …

To read the full article, visit USA Today

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