Investment, Local Collaboration to Transform Senior Housing in Edison Neighborhood category: Press Room

Washington Square Co-op to Get New Name and Upgraded Facility

KALAMAZOO, Michigan [June 1, 2018]—CSI Support & Development announced today that it would invest $300,000 to upgrade its senior housing cooperative in Washington Square—the first step in a five-year, $6 million renovation plan. The near-term enhancements include improvements to the interior and exterior, enhanced security and a name change.

Washington Square Co-op will be known as City View in the Square. The new name came from current co-op residents who were invited by CSI to suggest a winning moniker.

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HUD Announces $15 Million to Test a New Approach to Help Low-Income Seniors Age in Place category: Press Room

Last month, the U.S. Department of Housing and Urban Development (HUD) awarded approximately $15 million to select owners of HUD-assisted senior housing developments to help their low-income senior residents to age in their own homes and delay or avoid the need for nursing home care. HUD will cover costs related to hiring a full-time Enhanced Service Coordinator and a part-time Wellness Nurse to connect the elderly with the supportive services they need to maintain independent living and age-in-place.

It is so important that we afford our seniors the opportunity to live independently. said former HUD Secretary Julián Castro. These grants will help owners of HUD-assisted senior developments to offer the services that will allow seniors to remain in their homes for as long as they can.

Funded through HUD's Supportive Services Demonstration for Elderly Households in HUD-Assisted Multifamily Housing, these three-year grants will produce evidence about the effectiveness of this enhanced supportive services model for elderly households and to evaluate the value of enhanced service coordination paired with affordable housing for seniors.

The Demonstration will be independently evaluated to determine the impact of the enhanced supportive services model on:

• aging in place in HUD-assisted senior developments
• avoiding early transitions to institutional care, and
• preventing unnecessary and often costly health care utilization-such as some emergency room visits and hospitalizations-for residents in HUD-assisted senior developments

CSI submitted 50 applications for these competitive grants, and we won 11 out of 40 awards nationwide, with at least one in every region!

The following co-ops were awarded grants:

• Belleville Co-op
• Blue Ledge Co-op
• Castle Cove Co-op
• Franklin Park Villa Co-op
• Hazel Park Manor Co-op
• Palm Terrace l Co-op
• Pontiac Village Estates Co-op
• Rio Vista Detroit Co-op
• Riverview Co-op
• Royal Oak Manor Co-op
• Wabash Estates Co-op

LaBelle Towers Co-op Receives Cooperative Star Award category: Press Room

Congratulation to LaBelle Towers Co-op for receiving the Cooperative Star Award from the National Association of Housing Cooperatives! The members at Labelle Towers Co-op volunteer often and with over 50 volunteers, each typically wear many different hats. The volunteers on the leasing committee played a large part in helping the vacancies from 60 to 0! They help give tours, hold open houses, schedule and conduct interviews, sign leases, and perform inspections. Due to this amazing accomplishment, NAHC recognizes them as the Cooperative Star of the year. This award is given to a co-op that displays sound leadership, management, and creates a particular value for its members. LaBelle Towers has demonstrated that it has systems in place to assure prudent preservation of its members’ interests, and it honors the basic principles of cooperative housing, certifies that systems are in place to provide safe, sound and valuable housing and to protect the interests of their members.

Wabash Estates Receives Vanguard Award category: Press Room

Baltimore, MD — Wabash Estates Co-op, a 57 unit affordable senior housing community received the Vanguard award from the National Affordable Housing Management Association (NAHMA) as its best newly constructed multifamily housing community under 100 units.

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