Happy March, I'm glad the winter is almost over.
We had a discussion with Frank and Freek from Dementia Village Associates (DVA) this past week. They are onboard to help us out piecemeal at a time, since we do not have all the $30k for their fee upfront. So we decided to start with a $2k fee to start the process with them, and when we get more money, we will add to this overtime. This will give us two things: first we can say we are now working officially with them, and second they will give us information to promote our non profit and our vision to expand our outreach to more people. This will allow us to rework our website and to use this in our grants. It's a good start. Just as a reminder, bringing onboard DVA will complete our Phase 1, except the need for operating expenses. After all the fees have been paid, we will receive from them a bidbok and design to help us go after the big funds and it will make us looking more professional.
I talked to a mom the other day who thinks that if a person with disabilities owns their place that it will affect your social security or Medicaid. In regards to our project, that wants everybody to own their own units. Fortunately this is not the case. It may affect if the ownership is held in a trust though.
“Owning a home typically does not affect your eligibility for SSI or Medicaid benefits, as your primary residence is considered an exempt asset and is not counted towards your resource limits when you live in it; meaning you can own a house and still receive these benefits.”
https://www.specialneedsalliance.org/the-voice/buying-a-house-for-a-special-needs-beneficiary-proceed-with-care-2/#:~:text=A%20mortgage%20(or%20a%20loan,that%20the%20loan%20was%20obtained.
That's all I got for this month.
Registered: 21 units (10%); 34 people (11%); 6 to 7 room apartments only: 9 (18%); DDA funds: 13 (based off of 200 units with 300 estimate residents; 50 of 6-7 room apartments)
Executive Director/President