HAC Awards Nearly $260,000 for Rural Senior Housing

WASHINGTON - March 26, 2013 - PRLog -- HAC Awards Nearly $260,000 for Rural Senior Housing (http://www.ruralhome.org/information-and-publications/press-room/86-year-2013/637-03262013)

Contact: Dan Stern, dan@ruralhome.org, 202-842-8600 ext. 137
Janice Clark, janice@ruralhome.org, 202-842-8600 ext. 131

Washington, D.C., March 26, 2013 – The Housing Assistance Council (http://www.ruralhome.org/) (HAC) has selected 16 organizations from 15 states to receive $257,000 in grants to develop or preserve 418 units of affordable housing for seniors in rural communities across the country.

Made possible with generous support from The Atlantic Philanthropies (http://www.atlanticphilanthropies.org/), these grants will allow the 16 nonprofit rural organizations throughout the U.S. to use funding for construction projects, build internal capacity, preserveof affordable rental and homeownership properties, and strengthen advocacy efforts for affordable rural senior housing.

The grants are part of HAC’s Atlantic funded Rural Senior Housing Initiative. Its goal is to improve the quality, safety and availability of affordable rural housing for low- and very-low income seniors. “The people of rural America are, on average, older than people in the rest of the country (http://www.ruralhome.org/storage/documents/ts2010/ts-repo...),” said Moises Loza, HAC’s Executive Director. “HAC is proud, through the Rural Senior Housing Initiative, to be able to build the capacity of local organizations and ensure they have the ability to meet the increasing demand for affordable senior housing in their communities.”

For a list of 2013 RSH Grantees, visit http://www.ruralhome.org/information-and-publications/press-room/86-year-2013/637-03262013

About the Housing Assistance Council

A national nonprofit corporation headquartered in Washington, D.C., and founded in 1971, the Housing Assistance Council helps local organizations build affordable homes in rural America by providing below-market financing, technical assistance, research, training, and information services. HAC’s programs focus on local solutions, empowerment, reduced dependency, and self-help strategies. HAC is an equal opportunity lender.

About The Atlantic Philanthropies

The Atlantic Philanthropies are dedicated to bringing about lasting changes in the lives of disadvantaged and vulnerable people. Atlantic focuses on four critical social problems: Ageing, Children & Youth, Population Health, and Reconciliation & Human Rights. Programmes funded by Atlantic operate in Australia, Bermuda, Northern Ireland, the Republic of Ireland, South Africa, the United States and Viet Nam. To learn more, please visit: www.atlanticphilanthropies.org.

About the Rural Senior Housing Initiative

With generous support from The Atlantic Philanthropies, HAC’s Rural Senior Housing Initiative is aimed at building and preserving housing for the elderly in rural communities. Through the initiative, HAC offers grants, trainings, loans, and information on housing for rural seniors. For more information about this initiative or to become a stakeholder in the program, contact Janice Clark at 202.842.8600 or janice@ruralhome.org.