Affordable Housing Aug25

Affordable Housing

While senior living options continue to expand and improve, older adults with limited resources often find themselves without affordable alternatives. For decades, Rona Barrett made a name for herself covering celebrity news – and plenty of gossip – for a myriad of publications and television networks. What began as a prescient vision of the future of celebrity marketing soon grew into a syndicated column, a highly celebrated memoir, and a stint on Good Morning America. But Barrett abandoned the gossip mill long ago, and has recently set her sights on helping provide affordable housing for senior citizens. Barrett admits to in an interview with Buzzfeed that her time in the spotlight took its toll. After years of dodging misogyny, anti-Semitism, and simple lack of vision, Barrett ditched the press corps and headed to the Santa Ynez Valley. “The day I left Hollywood, I canceled all my subscriptions: Variety, Hollywood Reporter, Ad Age, everything to do with the entertainment industry. I left it all behind. I came up over the pass here to the Santa Ynez Valley, and I thought, Oh my god, this is exactly where I want to be.” These days, Barrett spends her time and (formidable) energy advocating for The Golden Inn & Village, a “first-of-its-kind” mixed-use development comprised of low-income housing for seniors and local families. The Golden Inn and Village includes 150 affordable units, 60 of which are earmarked for low-income seniors and 60 assigned to memory care and assisted living. An additional 27 rental apartments will be made available to employees and their families. Funded primarily through Barrett’s foundation, the project also received $23 million in tax credits, which will help with a portion of the projects equity funding. Barrett herself has helped raise more than $4.2 million for the project through her...