A major construction project for senior living facility Peace Village officially kicked off today with a groundbreaking ceremony for expanded services that was attended by USDA Rural Development, local, state, and national officials.
“USDA strives to help rural communities provide aging populations with affordable, sustainable housing,” USDA Rural Development State Director Colleen Landkamer said. “The commitment to this population as well as disabled individuals is important to recognize and USDA was happy to partner with Peace Village and the City of Norwood Young America to make this project feasible.”
Peace Village senior housing currently provides 36 studio and one-bedroom catered living units. The Harbor at Peace Village catered living provides a diverse mixture of amenities, personal services, and on-site healthcare services. Additionally, The Villa at Peace Village offers 61 spacious one and two bedroom apartments to individuals age 62 and above and individuals with disabilities.
The new 36,600 square feet assisted living facility will boast over 37 beds with 25 assisted living units and 12 memory care units. The Haven at Peace Village assisted living facility will connect to The Harbor for increased and shared amenities. Once the project is complete, the new facility will provide 18 new jobs and the entire Peace Village facility will have a service range of more than 8,000 people.
In addition to the $6,642,000 loan through USDA Rural Development’s Community Facilities (CF) Direct Loan program, Peace Village received $70,000 from the City of Norwood Young America to finance the $6,712,000 project. Rural Development’s CF Direct Loan program finances essential buildings and equipment in rural areas of 20,000 people or less, including hospitals, fire halls, emergency response vehicles, libraries and community centers. Rural Development has invested over $401 million in essential community facilities and related equipment for rural communities throughout Minnesota since 2009.
In addition to community facility projects, the agency has programs to improve rural housing, infrastructure, high-speed Internet, business and other economic development projects. To learn more about Rural Development, visit www.rd.usda.gov/mn, or call your local Rural Development office in Cambridge at (763) 689-3354, ext. 4.