Windsong at Eola Hills – Salem, Oregon

Clearinghouse CDFI provided $7.4 million in Windsong at Eola Hills memory care financing to support the acquisition of a specialized assisted living and memory care facility in Salem, OR. This project ensures continued delivery of essential long-term care services while expanding access to residents who require secure, supportive environments for conditions such as Alzheimer’s and dementia.

Located in a CDFI Qualified Investment Area, Windsong at Eola Hills offers 116 assisted living beds and 56 memory care beds. With a commitment to serving both private-pay and Medicaid-supported residents, the facility supports broader efforts to maintain a stable, inclusive healthcare infrastructure in the region.

The property provides a wide range of community amenities designed to promote safety, dignity, and enrichment for its residents—including a secured building, salon, chapel, arts and crafts space, library, game room, fitness center, and transportation services. Situated near a skilled nursing facility, it plays an important role in Salem’s larger continuum of care, allowing families to access the right level of support when and where it’s needed.

This investment not only preserves capacity at an existing trusted provider, but also strengthens access to essential care through sustainable, community-based solutions. Clearinghouse CDFI’s role in financing this acquisition reflects our ongoing commitment to responsible lending and measurable impact that benefits individuals, families, and the long-term vitality of the communities we serve.

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Financing Provided:
$7.4 Million
Location:
Salem, OR
Impact:
Expands access to secure, high-quality memory care for individuals with Alzheimer’s, dementia, and related conditions in a CDFI Qualified Investment Area.
Purpose:
To finance the acquisition of Windsong at Eola Hills, ensuring long-term memory care services remain accessible for both private-pay and Medicaid-supported residents.
Year Funded:
2025
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