In The Pipeline: Matter Development Starts Latest Wisconsin Project; Lcs Managed Community Opens In Tennessee

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Construction: Planned
New affordable senior housing project announced in Texas
A new affordable senior living project was recently announced in Houston, Texas that was made possible through a $2 million grant from the Affordable Housing Program from the Federal Home Loan Bank of Dallas, according to a news release.
The community, New Hope Housing Gray, will add 135 units in Houston’s Third Ward district, with 81 units reserved for “very low income” older adults and 54 units for low income residents, aiming to address housing affordability in Houston.
“New Hope Housing Gray is a thoughtful, strategic response to Houston’s deepening affordability crisis,” said New Hope Housing President and CEO Joy Horak-Brown. “We are deeply grateful to FHLB Dallas for making this development a reality. Their investment reflects our shared commitment to strengthening the Third Ward and creating more opportunities for seniors on limited incomes to thrive.”
In 2024, FHLB Dallas awarded $44.7 million in AHP General Fund grants to Texas-based affordable housing projects. The grants will help create 2,409 new or rehabilitated housing units.
Construction: In Progress
Matter Development starts construction in Wisconsin
Matter Development recently announced the start of construction on a new senior living community in Bayside, Wisconsin, according to an article published by The Daily Reporter.
The five-story community will include a full continuum of care and the community will be operated by Koru Health, a Matter Development affiliate.
Construction is expected to be completed in “late 2027,” the article states. Amenities will include a two-story social and dining room, tearoom, golf simulator, health and fitness centers and an outdoor courtyard that is secured, the article notes.
Construction: Completed
New community to open in Tennessee
The Clarendale West Webb in Nashville, Tennessee is set to open next month, according to a news release.
The community brings a “hospitality-forward approach” to senior living, the release states and will include a host of amenities to compliment the community’s independent living, assisted living and memory care segments.
The community is managed by LCS.
Other noteworthy projects
Construction: Planned
- A developer in California is “betting big” with senior living plans in Dallas, Texas.
- Developers have proposed a senior living center in Baton Rouge, Louisiana.
Construction: In Progress
- Construction of a new senior living center in Oak Forest, Illinois is underway.
- Work has started to build an independent living and assisted living community in Perry Township, Ohio.
Construction: Completed
The post In the Pipeline: Matter Development Starts Latest Wisconsin Project; LCS Managed Community Opens in Tennessee appeared first on Senior Housing News.
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