Current Annual Report - Retirement Housing Foundation

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Looking ForwardSome of the things on the horizon for this year include:• Completion of construction and dedication of College Villas Senior Apts., Henderson, NV• Breaking ground and starting construction of Lane Manor in Stone Mountain, Georgia.• Completion of the rehab of Pioneer Towers, Sacramento, CA• Starting construction of The Whittier Apartments, Los Angeles, CA, and Barringer Gardens,Charlotte, NC• Beginning rehab construction of Congregational Towers, Chula Vista, CA• Completing the acquisition and beginning rehab of Capitol Towers, Hartford, CT• Completing affiliation with Immanuel Residences, Evergreen Park, IL• Selecting consultants and completing a charitable giving strategic plan• Working on plans for UCC General Synod 29, which will be held in Long Beach, CA in 2013.• Continuing advocacy on behalf of our residents and our mission nationwide, includinghopefully restoration of the HUD 202 new construction program• Exploring substitution in California for the affordable housing funds lost when theredevelopment agencies were discontinued• Continuing to refinance affordable housing properties• Completing RHF 50th Anniversary celebrations in our communities• Continuing upgrades to market-rate communities• Continue evaluation of new opportunities and communities who would like to join theRHF familyThank you for your past and current support. The late Victor Hugosaid, “There is nothing like a dream to create the future.” RHF wasstarted with a dream and $7,000. We ask that you continue to helpus expand that dream.We continue to serve today and embrace tomorrow. With yourcontinuing and increased support, we will address the ever-growingneed for housing and services.Laverne R. JosephPresident & CEORetirement Housing Foundation14
Lane Manor’s (Stone Mountain,GA) groundbreaking will markthe fifth RHF community in thestate of Georgia.Pioneer Tower’sresident Erma “Jimmy”Herman, checks outthe community’slobby - part of the$10.3 millionrenovations beingmade to thecommunity.CongregationalTower (Chula Vista,CA) will begin an$8.9 million rehabproject in 2012.The Whittier will be RHF’s13th affordable community inLos Angeles, CA.Barringer Gardens (Charlotte,NC) will be RHF’s firstcommunity in North Carolina.15
Page 1 and 2: Retirement Housing Foundation2011 A
Page 4 and 5: Messagesfrom ourLeadership4RHF Fast
Page 6 and 7: 2011 In Review• We celebrated our
Page 8 and 9: On A National Scale• Bob Amberg s
Page 10 and 11: On A National Scale• We entered i
Page 12 and 13: Good Stewardship• While nationwid
Page 16 and 17: “Social Profits”Nonprofits are
Page 18 and 19: We Are a Good Neighbor• RHF condu
Page 20 and 21: The RHF Leadership TeamRHF Board of
Page 22 and 23: RHF Financial HighlightsConsolidate
Page 24 and 25: 1965Mayflower GardensLancaster, CA1
Page 26 and 27: 1988 (cont.)Marymount ManorTacoma,
Page 28 and 29: 809809InformationHousing and Servic
Page 30 and 31: Charitable GivingHard to believe it
Page 32 and 33: 322011NationalHeadquarter’sDonors
Page 34 and 35: Cheng Hwa PaiMa Chia-Wan PaiIk PakS
Page 36 and 37: Amistad PlazaLos Angeles, CAWilshir
Page 38 and 39: ASpecialThankYouOur DonorsU. S. Ban
Page 40: Retirement Housing Foundation Corpo

Current Annual Report - Retirement Housing Foundation

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