NEW YORK: The five hundred and fifty-third entry for the seniors housing Global Awards for 2015 has been received.
New funding from Proposition 41 may be the key to getting construction started on a long-delayed veterans housing project near March Air Reserve Base.
The grant monies from the law that voters passed a year ago – authorizing $600 million in new bonds for homeless veterans housing – were announced Tuesday. Of the $62 million in grants, projects in the Inland Empire received $18.4 million, or nearly 30 per cent of the total funds.
The Coachella Valley Housing Coalition received $8.2 million. The money will add to the existing funds for the U.S. Vets facility on land that once was part of March Air Force Base and which now belongs to the March Joint Powers Authority. Last fall, Stephen Peck, president and CEO of U.S. Vets, said he hoped to have the $30 million, 138-unit complex under construction early in 2015.
The project was announced in 2010 and Peck had hoped to start construction of the first phase in 2012.
