Park View Communities Shelter's Park View communities were begun in 1989 to serve seniors whose income is too high to permit government assistance but too low to support entry into many conventional retirement centers. Typically, Park View communities comprise 100 units in a three story mid-rise building and serve people whose income is less than 60% of median income within the region.
By combining private debt, equity raised using the federal tax credit program, and financing support from local government agencies, Shelter is able to keep rents within the reach of our residents while offering a physical plant, amenities, and services to equal those provided in far more costly facilities. In addition, we facilitate residents' connections to agencies that provide services (for example, nutrition counselors, social workers, visiting nurses, and transportation) but do not require an out-of-pocket expenditure.
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