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LeverAge Program & GIA's Partnership Role

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Financing Innovation

A webinar from Grantmakers In Aging

This webinar detailed the LeverAge national financing program, which is designed to assist in the expansion of affordable aging services, senior housing models, and emerging aging innovations, and GIA's lead role it its development.

LeadingAge, the main non-profit aging services trade association and LeverAge partner, cites new financing sources as critical to insuring that “there is an adequate supply of housing, services, and supports for people of all incomes as they age.” A critical component of meeting this demand is "readily available, consistently priced, and long-term financing” according to The National Association of Affordable Housing Lenders. The LeverAge program offers not-for-profit organizations this and more - using mission deposits to provide affordable rates, flexible structures, and credit support features necessary to meet the needs of expanding low-income focused programs and emerging innovations. Special thanks to our co-sponsors, The John A. Hartford Foundation, McGregor Foundation, National Cooperative Bank and LeadingAge. Webinar date: December 17, 2014. Download the presentation slides for this webinar and view a recording of the webinar at https://youtu.be/TXzlNnUb-fA