OKLAHOMA CITY--(EON: Enhanced Online News)--WholeLife Companies, a developer of a trademarked concept in luxury rental living communities, today received approval from the Public Finance Authority (PFA) to build two WholeLife Traditions communities, one in Chattanooga, TN and one in Cibolo Canyon in San Antonio, TX.
“We are profoundly honored to be working with PFA on financing some of our communities”
WholeLife Companies develops and builds lease-based communities that fulfill market preferences for healthy living, integrated fitness and wellness in a maintenance free environment, without requiring a large capital outlay for purchase. WholeLife communities are a decidedly upscale lease based concept designed to support a better, smarter, healthier and more convenient lifestyle.
At a board call of the Madison, WI-based Public Finance Authority, a government entity established to issue tax-exempt conduit bonds for public and private entities nationwide, the authority unanimously approved to finance the eligible costs of the acquisition, construction, installation and equipping of two WholeLife Traditions senior living communities. A 501(c)3 organization, Samarian Housing, will own both communities.
“We are profoundly honored to be working with PFA on financing some of our communities,” said John B. Lowery, Founder and CEO of the WholeLife Companies.
The WholeLife Traditions community consists of 100 to 150 single-level residences, from 1500 to 2000 square feet, with the look and feel of fine traditional houses appropriate to the surrounding community. Landscaping, sidewalks, and streetlights complete the look and feel of a traditional American neighborhood. Each community includes an expansive and functional WholeLife Club as a focal point for neighborhood life; containing space for gatherings and events, a state-of-the-art fitness center, pool, game room and community services such as the concierge. Everything is included in monthly rental fees.
In addition, WholeLife has identified additional locations for further communities, including an additional location in Houston, TX; as well as Austin and Dallas, TX; Atlanta, GA; Branson, MO; and Pigeon Forge, TN.
ABOUT THE WHOLELIFE COMPANIES:
WholeLife Companies is the developer of a trademarked concept in luxury rental living communities. WholeLife ground-breaking communities are designed for those who wish to integrate the concepts and practices of a healthy and enriching lifestyle into their daily lives.
WholeLife Companies has three operating divisions: WholeLife Development, LLC; WholeLife Management, LLC; and WholeLife Properties, LLC. More information about The WholeLife Companies is available at www.wholelifeworld.com