Project Budget - $5.7M - HOME contribution $200,000
Providence Place is a residential senior housing development sponsored by the Retirement housing foundation. Located at 3524 Fisher Road NE, the project features 66 affordable one-bedroom apartments for Salem's senior community. The units include a living room/dining room area and fully equipped kitchen and several units designed specifically for the mobility impaired. A community room, including a kitchen, is also available to the residents.
The project is primarily funded by a $5.3M grant from the US Department of Housing and Urban Development (HUD) Section 202 Supportive Housing for the Elderly Program. This program includes project based rental assistance so that residents pay no more than 30% of their income on rent and utilities.
They are in the process of leasing all units. For information on renting, contact site manager, Charlene Thackery at 503.363.9640. For additional information visit their web page .
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