Mnuchin: Unemployed should not get what amounts to a raise while off the job
By
John O'Connor
Jul 13, 2020
Treasury Secretary Steven Mnuchin recently said the White House wants to cap enhanced unemployment benefits in the next coronavirus package. One reason: so workers do not get benefits that exceed what...
Occupancy numbers hit historic lows: NIC
By
John O'Connor
Jul 10, 2020
As the COVID-19 pandemic took hold in the second quarter, units in the senior living sector emptied out as never before. Occupancy levels declined by 2.8% to 84.9%, according to the National Investment...
AHCA / NCAL blasts meager COVID-19 funding levels
By
John O'Connor
Jul 09, 2020
When it comes to COVID-19 federal aid, the seniors housing and care sector is getting shortchanged. So claims one of the nation’s largest eldercare organizations.
Coronavirus toll on state revenues could spill over
By
John O'Connor
Jul 09, 2020
As a coronavirus-caused recession continues to take hold, state and local governments are being forced to cut back support to schools, health programs and other support services, the Wall Street Journal...
Operators, frontline workers likely to benefit from next virus relief bill: McConnell
By
John O'Connor
Jul 08, 2020
For senior living operators seeking COVID-19 lawsuit protections and workers earning less than $19 an hour, the next coronavirus package may deliver some welcome news. Senate Majority Leader Mitch McConnell...
Loan application deadline extended for Paycheck Protection Program
By
John O'Connor
Jul 07, 2020
Smaller senior living operators may still apply for a Paycheck Protection Program loan of up to $10 million, thanks to a law extension.
Pandemic likely to increase demand for affordable housing: NIC
By
John O'Connor
Apr 16, 2020
As the unfolding COVID-19 pandemic ravages the nation’s economy, the ranks of seniors requiring affordable housing and care will escalate, warns a recent National Investment Center for Seniors Housing...
Trump taking advantage of COVID-19 to bust unions, critics claim
By
John O'Connor
Apr 14, 2020
Unions are alleging that the Trump administration — and more specifically, the Republican-controlled National Labor Relations Board — is taking advantage of the COVID-19 pandemic to further weaken...
As coronavirus spreads, operators gird for additional cases
By
John O'Connor
Mar 04, 2020
The number of coronavirus cases nationwide surged past the 100 mark Tuesday, while contributing to at least a half dozen deaths. Federal officials are urging calm as industry groups scramble to give members...