Peralta Senior Housing Groundbreaking - 11/16/10

PRESS RELEASE:

 

NEW AFFORDABLE HOMES & HEALTH CARE FACILITY FOR SENIORS IN FREMONT

 

Groundbreaking of Peralta Senior Apartments & On Lok Lifeways Peralta Center

 

Tuesday, November 16, 2010 at 12:00 noon

 

New Apartment Homes & Health Care Clinic for Low-Income Seniors

 

 

FREMONT, CA - On Tuesday, November 16, 2010, Fremont will celebrate the groundbreaking of Peralta Senior Housing and On Lok Lifeways Peralta Center, a partnership between Eden Housing and On Lok Lifeways, in collaboration with the City of Fremont. The groundbreaking ceremony commences at 12:00 noon at 3701 Peralta Boulevard in Fremont. 

 

Confirmed groundbreaking program speakers include: Fremont Mayor Bob Wasserman; Timothy Reilly, Eden Housing Board of Directors; Linda Mandolini, Executive Director of Eden Housing; Dr. Wellman Tsang, On Lok Board of Directors; Linda Trowbridge, On Lok Board of Directors; Robert Edmondson, CEO, On Lok; Rich Gross, Vice President, Enterprise Community Partners; Fiona Hsu, Vice President, Union Bank; Laurence J. Fergison, Director of Development, U.S. Department of Housing & Urban Development; Katie Tague, District Representative, Office of Senator Ellen Corbett; and Josh Thurman, Policy Director, Office of Supervisor Scott Haggerty.

 

"The City of Fremont is committed to expanding quality affordable housing options for those who need it most. This mixed-used facility brings together two critical needs for low income seniors – housing and healthcare," said Mayor Bob Wasserman. "We are excited to work with Eden Housing and On Lok Lifeways on this exemplary development that will be environmentally sustainable and will have significant economic impact. It is anticipated to create 185 local jobs in Fremont."

 

"The economy has taken a terrible toll on a lot of people, but none more so than our senior citizens," said Linda Mandolini, Executive Director, Eden Housing. "We at Eden Housing are so happy to play even a small part in helping those most in need--and the most deserving--have an affordable roof over their heads."

 

When Peralta Senior Apartments opens in early 2012, ninety-eight one- and two-bedroom apartments will be home to low income seniors with annual incomes that are at or below 40% - 50% of the Alameda County Area Median Income. Currently, that limit is $25,320 - $31,650 for a household of one. Residents will pay 30% of their household income to live there. The development will also include 9,035 sq. ft. of clinic and day center space for On Lok Lifeways, a Program of All-inclusive Care for the Elderly (PACE) provider offering medical, social and supportive services to frail seniors to help them age in place.

 

Twenty-five percent of the units in the Peralta Senior Apartments will be targeted to frail elderly, located on the ground floor to facilitate service delivery should the frail elderly households choose to join the On Lok Lifeways Peralta Center. Other On Lok Lifeways participants will be drawn from elsewhere in Fremont, Newark and Union City. On Lok Lifeways provides all-inclusive care for eligible seniors who wish to remain living at home in the community with a complete program of health and health-related services. The goal is to help these seniors live independently, in their homes, for as long as possible. The new On Lok Lifeways Peralta Center will join a second center in Fremont, a center in San Jose, and eight centers throughout San Francisco. On Lok's award-winning long-term care program has served Bay Area seniors for more than 38 years.

 

"We are honored to join together with Eden Housing and the City of Fremont to serve local seniors. These organizations share our vision: to enable the frail elderly to continue living at home," said Robert Edmondson, CEO of On Lok. "We're grateful for the opportunity to expand our service network to an additional center in Fremont. On Lok Lifeways offers comprehensive healthcare which allows seniors to remain in their own homes when they need increased supportive care."

 

The apartment community will also include an on-site community room, landscaped central courtyard, and raised gardening beds for resident use. Peralta Senior Apartments will be an environmentally-sensitive development. The development has been designed to achieve a high GreenPoint rated score of 200, will be constructed using sustainable building methods, and will incorporate a number of features designed to ensure its long-term energy-efficiency and sustainability. The City of Fremont Human Services Department - Senior Support Services Division will provide service coordination to identify needs and connect seniors with community-based services.

 

Peralta Senior Apartments is made possible by financing from voter-approved Proposition 1C, the U.S. Department of Housing and Urban Development Section 202 Supportive Housing for the Elderly (HUD 202) program, and 4% Low-Income Housing Tax Credits. Eden Housing has partnered with U.S. Department of Housing and Urban Development, the Redevelopment Agency of the City of Fremont, City of Fremont, County of Alameda, Federal Home Loan Bank of San Francisco, California Department of Housing and Community Development, StopWaste.Org, Union Bank, N.A., and Enterprise Community Investment, Inc. for financial support on this $37,800,000 project.

 

"Enterprise is thrilled to partner with Eden Housing and the other community leaders working on Peralta Senior Housing," said Rich Gross, Vice President and Bay Area Impact Market Leader, Enterprise. "We have a strong history with Eden, working on four other affordable housing properties with a total investment of more than $30 million. The combination of very affordable homes, serving seniors with special needs and providing high quality services is exactly the kind of properties that Enterprise strives to help create. We are glad that we've found such a strong partner in Eden."

 

About Eden Housing

 

In its 42 years of service throughout Northern California, non-profit Eden Housing, Inc has provided a roof for over 58,000 people. Hayward-based Eden Housing is the long-term owner-operator of its developments, and is committed to preserving and maintaining its buildings as community assets and supporting residents with a range of services. Since the organization's beginnings in 1968, Eden Housing has developed 5,688 housing units and 61,100 square feet of adjoining commercial/retail space in 80 properties. For more information about Peralta Senior Housing or other affordable housing opportunities through Eden Housing, visit www.edenhousing.org.

 

About On Lok Lifeways

 

On Lok Lifeways pioneered the Program of All-inclusive Care for the Elderly nearly 40 years ago to serve vulnerable seniors. On Lok Lifeways and other PACE sites provide frail seniors with the necessary primary and preventive care, nutrition, prescription drugs, physical therapy, social services and other acute and long-term care participants need in order to live at home rather than in a nursing facility. Participants pay no out-of-pocket costs if they are recipients of Medicare and Medi-Cal. In 1997, On Lok Lifeways' model of care, now known as PACE, became a permanent part of Medicare and an option for state Medicaid programs. Today, there are more than 74 organizations in 29 states providing PACE services.

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Active: 
Yes
Release Date: 
Tuesday, November 16, 2010

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