If you're 55 and up in Danville, Va., you'll soon have a new place to call home.
The Virginia Department of Housing and Community Development announced last week that the state is providing $11.5 million in funding for the Seeland Valley Apartments, a 52-unit apartment complex for low-to-moderate-income seniors, the Daily Progress reports.
The apartments will be named in memory of Lawrence Campbell, who died last year.
The complex will include 34 single-bedroom units and 18 two-bedroom units.
"This funding is a key source of financing for these affordable housing initiatives to support moderate- and low-income families, as well as supporting homeless reduction grants to provide rapid re- accessibility and longer-term housing solutions for individuals experiencing chronic homelessness," says Bryan Horn, director of the Virginia Department of Housing and Community Development.
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Ganesh Natarajan is the Founder and Chairman of 5FWorld, a new platform for funding and developing start-ups, social enterprises and the skills eco-system in India. In the past two decades, he has built two of India’s high-growth software services companies – Aptech and Zensar – almost from scratch to global success.