Seniors housing developers compete for Global Award

trophyNEW YORK: The four hundred and seventy-sixth entry for the seniors housing Global Awards 2016 has been received.

The Graham Home provided housing for 30 adults with special needs at Gracepoint Wellness north of Hillsborough in East Tampa.

Founded by Letitia V. Graham, in memory of her late husband, Edmund Gaines Graham, the building primarily relied on a trust to function. But funds began to dwindle over time, with Gracepoint making up the difference needed to sustain operations.

As the imminent threat of current residents becoming homeless loomed, Gracepoint’s staff, led in part by special projects manager Susan Morgan, recognised the potential void that would be left in the absence of any further financing, and they knew action had to be taken.

“We are like their only family for many of the residents, and there is such a need for affordable housing, especially for people with disabilities,” Morgan said. “So, we went out and started looking for funding, and were fortunate enough to receive an award from Florida Housing Finance Corp.”

Now, a new construction project, similarly called the Graham, is under way and upon completion, it will provide housing and comfortable living to people with disabilities.

The $18 million project is expected to be completed by spring 2017, and will consist of 90 apartments, with added amenities such as a beauty salon, a gym, a library, a lounge and an outdoor bocce court for residents to enjoy…

tampa

Global Over 50s Housing/Healthcare Awards.