Lincoln Avenue Communities (LAC) has acquired Tivoli Place, a senior housing complex in New Orleans, and announced plans for an extensive rehabilitation of the property. The company – which is headquartered in Santa Monica, California, and focuses on owning,...
A plan to transform a former convent and college campus in Syracuse, New York, into a low-income senior housing complex is being complicated by persistent vandalism at the property. Syracuse.com reported the former Sisters of St. Francis convent and Maria Regina...
The Federal Home Loan Bank of San Francisco (FHLBank San Francisco) is allocating $2 million in Affordable Housing Program (AHP) grants to a pair of Arizona projects designed to create 142 units of affordable housing for seniors. $1 million was awarded for the new...