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The Real
Deal reported a Thirty Million Dollar affordable housing
project in Long Island aimed at the LGBT Senior community. It is
open to all and is being funded by State and Federal Tax Credits, a
state loan and some private investment. The developer expects
tremendous success with the project in light of the fact that many
members of the LGBT community face discrimination when they end up
in assisted living facilities or senior housing. With the LGBT
community and retirement community as large as it is in Florida,
developers might consider constructing ALFs with this community in
mind.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
