|
|
Article: Washington State Housing Finance Commission Completes $3 Million Bond Financing for Assisted Living Facility in Port Angeles
- Article from:
- PR Newswire
- Article date:
- July 30, 1997
CopyrightCOPYRIGHT 1997 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
SEATTLE, July 30 /PRNewswire/ -- A $3 million bond financing for the construction of an assisted living facility was successfully completed yesterday, according to the Washington State Housing Finance Commission. St. Andrew's Place, a 40-unit assisted living facility, will be located next to Olympic National Park headquarters and adjacent to St. Andrew's Episcopal Church at 512 Park St., in Port Angeles, Wash.
"Obtaining financing through the Housing Finance Commission allows us to lower the cost of living for the elderly," said David Steele, president, Episcopal Retirement Homes of Western Washington, developer of the project. "The favorable terms of the ...