HUD awards millions in ‘green’ funding to 17 affordable senior housing communities
By
Kathleen Steele Gaivin
Jun 26, 2024
Seventeen affordable seniors housing properties will receive funding ranging from $2.4 million to $20 million, the Department of Housing and Urban Development announced Tuesday as it makes available a...
‘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”...
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,...
Biden’s infrastructure plan includes prioritized funding for affordable housing, long-term care
By
Amy Novotney
Apr 01, 2021
President Biden unveiled a $2 trillion, eight-year infrastructure plan on Wednesday with a nod to the needs of older adults and the long-term care industry. The first phase of the president’s American...
Nation’s oldest households are among those most cost-burdened by housing: report
By
Amy Novotney
Nov 23, 2020
Of the nation’s 33 million older adult households, about 15%, or more than five million, are severely cost burdened, spending more than half of their income for housing. That’s according to data...
Covia, Ziegler Link•age Funds to invest, test Dr. Bill Thomas’ Minka as potential middle-market senior...
By
Lois A. Bowers
Jul 06, 2020
A new partnership between nonprofit aging services organization Covia Group and Ziegler Link•age Funds will invest in Minka Homes & Communities, co-founded by Dr. Bill Thomas, to test the model as a...