HUD announces $42.5 energy benchmarking initiative for affordable housing providers
By
Kathleen Steele Gaivin
Dec 14, 2023
A new Energy and Water Benchmarking initiative for owners of affordable housing properties is funded with $42.5 million through the Inflation Reduction Act.
Senator urges colleagues to support $600 million for Section 202 homes in 2022 HUD budget
By
Kathleen Steele Gaivin
Jun 16, 2021
Sen. Robert Menendez (D-NJ) is asking his colleagues to join him in requesting that the Senate HUD appropriations subcommittee to allocate $600 million for new Section 202 Supportive Housing for the Elderly...
HUD updates guidance on services, supports for Section 202 housing
By
Kathleen Steele Gaivin
Feb 28, 2023
The Department of Housing and Urban Development updated guidance this month aimed at enhancing the use of supportive programs for seniors living in Section 202 housing.
California lawmaker working to garner support for additional funding of Section 202 Housing for the Elderly...
By
Amy Novotney
Apr 12, 2021
Last week, Rep. Maxine Waters (D-CA), chairwoman of the U.S. House Committee on Financial Services, began circulating a sign-on letter to her House colleagues in support of strong rental assistance funding...
Affordable senior housing developers bringing new life to vacant urban spaces
By
Amy Novotney
Dec 08, 2020
A problem-plagued property that has sat vacant for years in a busy part of Albuquerque, NM, soon will be transformed into a 92-unit affordable senior housing community. The development is just one example...
‘Bold legislation’ needed to ensure affordable housing availability, group says
By
Kathleen Steele Gaivin
Mar 15, 2024
Adults older than 62 years account for 31% of adults who need affordable housing, according to a new report from the National Low Income Housing Coalition. The group’s CEO said that “bold legislation”...
House Financial Services Committee considers draft bill that would provide $2.5 billion to support housing...
By
Amy Novotney
Apr 16, 2021
The House Financial Services Committee considered a draft bill Wednesday that would provide $2.5 billion for the Section 202 Supportive Housing for the Elderly program. The funding also would be able to...
House subcommittee spending bill looks to expand affordable senior housing supply
By
Kimberly Bonvissuto
Jul 10, 2020
The House Appropriations Subcommittee on Transportation, Housing and Urban Development and Related Agencies on Wednesday passed its fiscal year 2021 spending bill, which includes $860 million for new Section...
Providers urged to meet needs of ‘silver rainbow’
By
Kathleen Steele Gaivin
Jun 18, 2024
More retirement communities for LGBTQ+ older adults are coming online, but developers need to step up their efforts to address the needs of members of the “silver rainbow,” according to an AARP article.
BWE secures $15.25 million in financing for affordable senior housing in 3 states
By
Kathleen Steele Gaivin
Nov 21, 2023
National commercial and multifamily mortgage banking company Bellwether Enterprise this month secured $15.25 million in permanent loans to finance affordable and senior housing communities in Austin, TX,...