Tag Archives | senior housing

A solid foundation for 100 seniors in Pacifica

HEART made a $500K loan to Ocean View Senior Apartments in Pacifica in 2008 for a new roof. BRIDGE Housing bought the property from National Church Residences in 2016 and HEART restructured the loan to enable needed renovations. Read more, and to apply for housing: http://www.bridgehousing.com/properties/oceanview

Read full story Comments are closed

The Power of Partnerships: 41 homes for seniors in East Palo Alto

HEART made loans for land acquisition to EPA CAN DO in East Palo Alto. MidPen Housing has partnered with MidPen for 41 units of affordable senior housing on University Avenue, and repaid the HEART loans, thus allowing the funds to be reinvested in the community.

Read full story Comments are closed

HEART restructures loan to Ocean View housing in Pacifica, preserves affordability for 100 senior residents

In October 2015 National Church Residences completed the sale of Ocean View senior housing in Pacifica to BRIDGE Housing. HEART restructured a $500k loan to preserve affordability. Read more…..

Read full story Comments are closed