A unique new residential and medical facility is going up in Alameda County. LifeLong Medical Center will provide complete health services to the elderly living in the neighborhood on the Oakland-Berkeley border. In addition, forty affordable apartment units for very low-income residents will be built above the medical center. ABAG's financing of LifeLong Medical Center required an extraordinary collaboration effort between Alameda County, Berkeley, Oakland, HUD (for funding of the apartments), and the State of California, which guaranteed $2.97 million in tax-exempt securities issued through the ABAG Finance Authority for Nonprofit Corporations.
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