Retirement Housing Foundation Acquires Mason City Affordable Housing Community

Retirement Housing Foundation (RHF) has acquired Regency Apartments, an affordable housing community for older adults in Mason City, Iowa, and the organization’s seventh community in the state.

“I am pleased to welcome Regency Apartments and its residents to the RHF family of communities,” said Stuart Hartman, president and CEO. “Preserving affordable housing is a priority for RHF. There is a large portfolio of affordable senior housing communities in this country that is in danger of being converted into market rate housing and we cannot allow that to happen.”

Regency Apartments, a three-story, 40-unit community, has been in operation since 1981. Community amenities include laundry facilities and a community room for activities. Regency Apartments is subsidized by the U.S. Department of Housing Urban Development, where residents pay approximately 30 percent of their adjusted income in rent. Regency Apartments also is located adjacent to Pilgrim Place, another RHF affordable senior housing community.

This acquisition is an example of RHF’s ongoing efforts to preserve affordable housing throughout the country. With this purchase, Regency Apartments will remain an affordable housing community for limited income seniors for decades to come.

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CHHSM Board and Staff are grieved to learn of the death of our friend and colleague, Greg Watson, who died in October 2022. Greg was vice president of operations for Embrace Living Communities, based in Oak Brook, Ill.Greg was a graduate of CHHSM’s Nollau Leadership Institute, class of 2018-2019, and was consecrated as a Diakonal Minister during our 2019 Annual Gathering in Chicago. In an article about his class in June 2018 — not long after the group’s first retreat — Greg said, “The best part is not only beginning the process of clarifying your calling; but also, understanding and accepting one’s personal strength. Recognition of one’s ‘true' self enables us to serve from a place of wholeness.”Greg also served on the CHHSM Board of Directors, and was a beloved friend and colleague to many in the CHHSM family. Embrace Living stated on its website, “Greg was an outstanding servant leader for 17 years at Embrace Living Communities. He will be greatly missed.”CHHSM sends its prayers and love to Greg’s friends, family, and Embrace Living colleagues. ... See MoreSee Less
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