Juliette Fowler Communities plans to build a $24 million development with 144 units for seniors with moderate and limited incomes.
A groundbreaking for the new independent living center, called Juliette Fowler Residences, is expected in early 2021 with residents moving in by May 2022.
The three-story building will offer floor plans ranging from studios to two-bedroom apartments. Apartments will include all appliances, and the building will provide amenities, such as an art room, library, gym, business center, courtyard, chapel, community garden and walking trails. An on-site coordinator will be available to assist residents in securing transportation, food and other services.
The community will be constructed on 25 acres at 1234 Abrams Road.
“We couldn’t be more excited that our ‘field of dreams’ is now becoming a reality to help meet the tremendous need for housing faced by the ‘forgotten middle’ seniors in our community,” said Nicole Gann, CEO and president of Juliette Fowler Communities. “This severe lack of affordable housing with supportive services is a national problem, and part of our goal with this new development is to bring this serious issue to light by educating our community, supporters and funders that this is a looming crisis.”
Nationally, the middle-income senior population is expected to double by 2029 to 14.35 million with only 46 percent able to afford any form of senior housing, according to studies.
Fowler currently offers a mix of programs that range from high- to moderate-priced independent living, assisted living, skilled nursing and rehabilitation housing for seniors.
“Many seniors come to Fowler unable to afford our higher priced apartments, but they do not qualify for our lower income housing,” Gann said. “This is especially heartbreaking for those with no family support and no place to turn. Juliette Fowler Residences will bridge this critical gap.”
Juliette Fowler was one of 11 applicants awarded tax credit financing through the Texas Department of Housing and Community Affairs. The remainder of the funding will come through a combination of traditional financing and donor support.
“By offering an affordable independent living option, more seniors will be able to benefit from living in community instead of deteriorating alone,” Gann said.
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