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Sen. Olympia Snowe (R-ME) 2nd-term Republican from Maine.

SNOWE AND COLLINS ANNOUNCE $2.4 MILLION HUD ASSISTANCE FOR ELDERLY HOUSING IN AUGUSTA

October 11, 2002 -- WASHINGTON, D.C. -- U.S. Senators Olympia Snowe and Susan Collins today announced that the Elderly Housing Development and Operations Corporation will receive $2,403,000 from the U.S. Department of Housing and Urban Development (HUD) to build a 32-unit elderly housing complex in Augusta.

"As the cost of housing continues to rise, projects like this one are essential in ensuring that Mainers have adequate housing in the later years of their life," said Snowe and Collins in a joint statement. "We applaud this effort to not only meet that need but to do so in a fashion that will provide comfortable and accessible living quarters." The Elderly Housing Development and Operations Corporation (EHDOC) is sponsoring the proposed two-story 32 unit project to be built on the existing campus of the Chateau Cushnoc, a previously built 60-unit HUD project, located in Augusta. All units will have wheelchair access and the campus will include extensive walkways and mature trees. The financial assistance was secured under the Section 202 Supportive Housing for the Elderly Funding, a Federal assistance program that provides capital advance funding and rental assistance to private non-profit sponsors developing and operating elderly housing facilities. # # #


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