Supportive Living Facilities: Good for Southern Illinois

As the senior citizen population in Southern Illinois continues to grow, ensuring that seniors can obtain the proper care they need is becoming a more pressing issue. Recently, I attended a press conference where Governor Quinn announced that a local supportive living facility (SLF) in Marion would be the recipient of $7.5 million in state and federal funding. These funds are going to be used for the construction of the facility, River to River Residential Community of Marion. In total, the Illinois Finance Authority (IFA) provided $5.7 million in financing to build the facility and an additional $1.8 million in American Recovery and Reinvestment Act (ARRA) funds, provided through the Illinois Housing Development Authority (IHDA), helped secure more than $2 million of equity for the development.