CFG closes $20M bridge-to-Hud loan for refinancing of Maryland SNF … Muchmore Capital receives HUD MAP, Lean licenses … SLIB negotiates sale of Chandler, AZ, senior living community … Pittsburgh-area...
‘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”...
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.
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,...
Catholic Housing Management sets itself apart from Catholic Health Services with new brand, website
By
Kathleen Steele Gaivin
Apr 25, 2023
After operating for three decades under the umbrella of Catholic Health Services, Miami-based Catholic Housing Management is stepping out on its own with a new brand and new website.
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.
Back to school taking on a new meaning for many locals
By
Kathleen Steele Gaivin
Dec 09, 2021
In what was once a high school in the downtown area of Paris, IL for longer than anyone can remember, Tiger Senior Apartments are now home to many of the town’s older residents.
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...
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...
Shipping containers show promise as affordable senior living solution
By
Amy Novotney
Mar 30, 2021
Modified shipping containers may be part of the wave of the future when it comes to middle-market and affordable senior living, according to a webinar discussion earlier this month among gerontology students...