Samaritan Village: Stanislaus County
$25,000,000 tax-exempt 501(c)(3) non-profit bonds for the acquisition of land, building, and equipment.
Hughson Samaritan Village, a non-profit public benefit corporation, operates a senior independent and assisted living facility on a self-contained campus in Hughson, 12 miles south of Modesto. CEDA’s tax-exempt financing allowed Hughson Samaritan Village to add 104 independent living units to the current 131 units, thus addressing the demand for senior independent living units. The revenue derived from the project will assure the ongoing financial viability of the entire Hughson Samaritan Village and add up to 20 employees to its current workforce of about 85. Hughson Samaritan Village was initially established by the Rogers Family Foundation when it donated 20 acres to Hughson Samaritan Village to address a need for a continuum of care facility with on-site support services for seniors. Phase I was constructed in 2002 and the $30 million cost was funded entirely by Hughson Samaritan Village funds and a contribution by the Rogers Foundation. Services for independent living units include meals, housekeeping, and centralized on-site activities such as library, chapel, security, and transportation. The Assisted Living section provides 24-hour staffing, assistance with Daily Living Activities, medication monitoring, housekeeping, meals, and secured units for Alzheimer’s and/or dementia residents.