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The U.S. Department of Housing and Urban Development is close to finalizing a major reform of its extensive senior housing portfolio, allowing nonprofit owners of 125,000 apartments to tap private sources of financing for the first time.
HUD built nearly 2,900 of these properties over the past three decades. Though owned by nonprofits, the federal government funded their construction and subsidized tenant rents.
— Wall Street Journal
The nation's recent crop of senior housing projects could see much-needed improvements come to reality as the United States Department of Housing and Urban Development (HUD) loosens rules dictating where nonprofit building owners can draw funds from to make building repairs. Tom Davis... View full entry
The NYT reported that Pedro E. Guerrero, a former art school dropout , died on Thursday at his home in Florence, Ariz. w. wynne A.I.A. offered up the following "Pedro has a wonderful book about his photographic work, and I am sadden to hear of his death. Mr. Wright called him ‘Peter’, but the story of his life with FLW is very nice and interesting account of the middle career of Mr. Wright."
News The NYT reported that Pedro E. Guerrero, a former art school dropout who showed up in the dusty Arizona driveway of Frank Lloyd Wright in 1939, boldly declared himself a photographer and then spent the next half-century working closely with him, capturing his modernist architecture on... View full entry
