Josie Lee Property Management & Leasing LLC | Application Preview
Josie Lee Property Management & Leasing LLC is applying for a government grant to expand its mission of providing affordable, accessible housing for older adults. The company focuses on creating safe, well-constructed homes close to community resources like transit, healthcare, and gyms, enabling seniors to age independently and comfortably in place. These homes feature senior-friendly design elements such as no-step entries, wide doorways, roll-in showers, and slip-resistant flooring—critical accommodations that reduce fall risks and support mobility.
Over the next five years, the business plans to grow by increasing its rental portfolio while maintaining a focus on affordability and senior accessibility. It aims to update selected properties specifically for older adults and build partnerships with local service providers and agencies to enhance access to housing and supportive programs.
The grant is justified by the company’s commitment to offering below-market rents, directly addressing the housing affordability crisis and helping seniors remain in their communities. Unlike larger institutional competitors that operate high-cost, centralized senior living campuses, Josie Lee’s model relies on scattered-site housing in familiar neighborhoods. This approach offers both affordability and a more personal, home-like atmosphere without unnecessary bundled services, making it particularly suitable for seniors living on fixed incomes.
-
General Information
Business Registration Number: 472971108
Location: Louisville, ky, United States
Length of Operation: 6-10
Number of Employees: 1-10 Employees
Annual Gross Income: Less than $100k
Annual Gross Expense: Less than $100k
Open to Loans: YES
-
Funding Usage
Our mission is to design homes that are well constructed, easy to maintain and located in safe areas close to transport, gyms, community centers, and health care, so that older adults can live safely, independently, and comfortably as they age in housing that accommodates their needs. Accommodations: no-step entries, single-level living, wide doors and halls, and non-slip, low threshold flooring reduce fall risk and make it easier to use walkers or wheelchairs, accessible bathrooms (roll-in showers, grab bar blocking, comfort-height toilets) and kitchens (easy grip handles, good task lighting) all to support independence with daily activities.
-
Business Plan
Over the next five years, the business plans to grow by steadily expanding the rental portfolio, depending the focus on seniors and affordability, and strengthening financial and operation systems. Gradually develop or reposition select properties as senior friendly or age-in-place homes, incorporating accessibility features that respond to the needs identified in our recent senior housing survey. Pursue partnerships with local agencies, senior service providers, and potential funding sources to support affordable senior units and community based programs connected to housing. Funding should be awarded to Josie Lee Property Management & Leasing because it delivers well maintained, below-market housing that directly supports community stability, with a clear plan to scale impact over the next five years. The portfolio provides safe, quality homes at rents intentionally kept under typical market levels, which helps cost burdened households and seniors remain stably houses in their neighborhoods.
-
Self Identified Competition
Belmont Village St Mathews: a well-established provider of assisted living, independent living, and memory care. Morning Pointe Senior Living of Louisville: delivers personalized assisted living and memory care with an emphasis on vibrant community living, safety, and health management. Arcadia Senior Living Louisville: Locally owned, offers a newly renovated campus featuring modern amenities, active lifestyles support, and a strong focus on independent and assisted living for seniors. Our community housing is differentiated by its affordability, flexibility, and neighborhood-based approach, rather than a large institutional senior living model. Competitor senior communities often charge all-inclusive or higher than market monthly rates for service rich campuses, which can be out of reach for many fixed-income seniors. Our homes are intentionally leased below prevailing market rents while still being well maintained, allowing senior and families to stay housed stably without paying for layers of bundled services they may not need. Large senior living competitors operate big, centralized buildings; our model focuses on single family homes and small multifamily properties embedded in existing neighborhoods, which feel more like "real homes" than facilities. This scattered-site approach supports aging in place close to familiar churches, stores, family, and transit, instead of requiring a major move to a corporate campus across town.
-
Contact Applicant
Subscribe to our Administrator Dashboard to gain full access to this application. Learn More
