A Phoenix-area developer is building assisted living options for an often-overlooked population: those with few financial resources.
In all, Solterra Senior Living is preparing three low-income assisted living projects, totaling $66 million.
The first, Bridgewater Deer Valley, opened last week at a former Comfort Inn hotel in north Phoenix. In addition, a midtown Phoenix location — the Bridgewater Assisted Living community at Third Avenue and Indian School Road — is scheduled to open in 2018. A third location will break ground in Avondale later this year.
All three communities will use a federal tax-credit program to build the affordable housing. As a result, residents will be able to pay reduced rents.