KNOXVILLE, Tenn. (WVLT) – April 15th will spell the end of more than a decade of care at Renaissance Terrace Assisted Living Facility in Historic Old Knoxville.

”It’s been a tough journey, all of these people have been friends of mine, and I’ve known many of them for a long time,” said CEO Tim Howell.

Howell and the board of Senior Citizens Home Assistance Service found the company is losing $30,000 a month running the facility.

”The State of Tennessee is not supporting us and trying to keep our residents safe, trying to keep our staff employed and paying for all these other costs we have, and when you don’t get that funding you can keep operating,” said Howell. ”The fact is it is a much cheaper alternative for the taxpayers of Tennessee to have them in our assisted living facility than it is to have them in a nursing home or another assisted living facility in the CHOICES program.” FULL STORY HERE