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SolaceWealthManagement & Terrance Talley

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Solace Wealth Management

Solace Wealth Management

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Help me welcome Terrance Talley to the show!

Lantern Organization, established as a nonprofit in 1997, participates in activities that strengthen New York communities, by, in part, increasing the supply of affordable housing combined with on-site opportunities for personal enrichment and growth.

Lantern housing initiatives are a model for innovative development of permanent and affordable supportive housing.  As a leader in the field, Lantern is often among the first to identify solutions for creating permanent housing options for special needs and low income populations, including:

  • Families headed by an adult living with HIV,mental illness, or other special needs
  • Families headed by a senior aged adult caring for one or more children
  • Single adults living with HIV, mental illness, or other special needs
  • Young adults who are working and/or in school whose primary need is affordable housing
  • Young adults who are recently aged out of foster care who need housing and continuing support
  • Affordable housing for low income families and single adults, generally

To date, Lantern housing initiatives received upwards of $270 million in financing, with 13 buildings, totaling 1200 units in operation, and 3 buildings, totaling an additional 300 units in predevelopment or construction phases.

http://www.lanterngroup.org/

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