Re: Grants to open an assisted living facility

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Joseph,

I am a commercial consultant that obtains funding for various
projects; Assisted Living Facilities, Mutlifamily and other
commercial properties.

Funding for the majority of projects is accomplished through a
combination of loans and grants, but in some cases grants only.

You may start the underwriting process by clicking on the following
link: http://chaunceywhite.com/loanapp10

Respectfully submitted,

Chauncey White

and loansOn 6/28/08, Carey wrote:
> On 7/20/07, Rose wrote:
>> On 7/20/07, Joseph wrote:
>>> Does anyone know how I can go about getting a grant to open
>>> an assisted living facility in Florida. I am licensed with
>>> the dept. of elder affairs and am trying to open an ALF.I
>>> only need help with the finances.
>>
>> Do you have the information you need to know what
>> requirements have to be met in order for you to have an
>> assisted living facility? Will the facility have to be
>> licensed? What about providing medical care and you having
>> to have liability insurance? If you have already taken care
>> of these matters then the first place that you should start
>> looking for grants is your own state's website to see what
>> programs they have in existence.
>>
>> Starting a ALF is a big undertaking. Along with overhead you
>> are talking about taking care of people who may need medical
>> attention.
>>
>> If you are talking about starting such a facility from the
>> ground up it would be best if you talked to a grant writer who
>> has knowledge in such things.
>>
>> The one thing that bothers me is that you haven't mentioned
>> an amount and you haven't said whether or not you had some
>> kind of business plan.
>
> So I say, I have had the same dream of opening my own ALF. I
> want to get it up and running in IL. I have already taken into
> account all of the overhead and the assistance I will need. I
> just don't know who to submit it to. My husband has started
> designing a new building for me if I can not find an existing
> one. The cost of such a great operation is close to
> $260,000.00. That does not include the purchase of a building
> or construction of a new one. That is an extra cost and how
> much would be unknown until a building was found. I can say
> that the $260,000.00 covers licensure, food, linen, deposits
> for utilities, furniture, and first two months payroll for
> staff.

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