1999 HUD Funding for Housing for Senior Citizens
and People with Disabilities

*Note: To calculate the approximate number of residents who will live in the new housing, multiply the number of units by 1.25.

IOWA

Section 202 - Supportive Housing for the Elderly

Project Location: Boone, IA
Non-Profit Sponsor: Siouxland Aging Services Inc.
Capital Advance: $1,800,500
Five-year rental subsidy: $361,500
Number of Units: 29

Project description:

An allocation of funding has been approved to rehabilitate housing for the elderly in the Boone area. The Sponsor has been serving seniors of Woodbury, Ida, Monona, Plymouth, and Cherokee Counties for 25 years and has recently expanded to serve Boone County. The Sponsor has secured a donation of the portion of the building (hospital) to be rehabilitated and land from the Boone County Hospital.

Project Location: Davenport, IA
Non-Profit Sponsor: Luther Manor of Scott County, Inc.
Capital Advance: $2,627,100
Five-year rental subsidy: $486,000
Number of Units: 39

Project description:

An allocation of funding has been approved to construct housing for the elderly in the Davenport area. This project is a continuation of the efforts by the Sponsor to provide affordable housing in the area. This is the sixth housing project in the metropolitan Davenport area in which the Sponsor has been associated. This Sponsor has more than twenty-four years of experience in the housing field and in excess of sixteen years involving the direct development and management of low income elderly housing.

Content Archived: January 20, 2009