Seniors housing developers compete for Global Award

NEW YORK: The five hundred and seventy-ninth entry for the seniors housing Global Awards for 2015 has been received.

With nearly $3 million more in financing secured from the state, a housing project that promises to provide affordable housing for seniors – and now veterans – is moving closer to becoming a reality in American Canyon.

Valley View Senior Homes is one of 17 projects in California that will receive funding through Proposition 41 and the Veterans Housing and Homeless Prevention Program, state officials announced on June 30.

The American Canyon project, located on the west side of town off Theresa Avenue, secured $2.8 million in loans for a housing opportunity for lower-income residents that’s different from what the city has now.

The developer, Satellite Affordable Housing Associates (SAHA) of Berkeley, intends to make all the cottages affordable.

Global Over 50s Housing/Healthcare Awards.

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