Affordability is the missing piece of senior living recovery: experts
By
Kimberly Bonvissuto
Jul 26, 2024
The state of the senior living sector is strong, having “weathered the black swan event of COVID,” but the real need lies in addressing the gap in affordable senior housing, according to one expert.
Governor vetoes bill that would have increased affordable senior housing access
By
Kimberly Bonvissuto
Oct 17, 2023
A bill that would have increased California’s goal for development of affordable senior housing has been struck down by the governor.
Feds make $175 million available for affordable senior housing
By
Kimberly Bonvissuto
Sep 23, 2022
Up to $174.6 million in federal grant funding was announced Wednesday to support the development of new rental affordable senior housing.
Workforce issues remain top challenge for affordable senior housing organizations: survey
By
Kimberly Bonvissuto
Apr 27, 2022
Workforce challenges, resident mental health and property insurance rates remain the top concerns for affordable senior housing providers, according to the results of a new LeadingAge survey.
HUD awards $143 million in grants for affordable senior housing
By
Kathleen Steele Gaivin
Sep 24, 2021
The grants will go toward development of multifamily construction projects, ongoing project rental assistance for very low-income seniors under the department’s Section 202 Supportive Housing for the...
Hebrew SeniorLife expansion gets funding from town
By
Kathleen Steele Gaivin
Jul 28, 2021
The nonprofit Hebrew SeniorLife in Randolph, MA, is expanding its affordable senior housing with help from the town, and the Massachusetts Department of Housing and Community Development will support the...
‘Not just a nursing home issue’: COVID a challenge in affordable senior housing: LeadingAge survey
By
Kimberly Bonvissuto
Oct 22, 2020
Close to 60% of nonprofit senior housing providers surveyed by LeadingAge reported confirmed COVID-19 cases in their communities, raising concerns about the more than 2.5 million low-income older adults...
Most affordable seniors housing providers can’t afford pandemic supplies: survey
By
Amy Novotney
Oct 22, 2020
The majority (69%) of affordable seniors housing providers say they are at least financially strained — if not severely financially strained — as a result of having to pay for personal protective equipment,...
Bankers keeping close eye on senior living industry amid virus concerns
By
Amy Novotney
Mar 20, 2020
The increasing number of COVID-19 outbreaks at nursing homes and retirement communities across the nation has lenders worried about the financial health of these facilities, according to an article in...
Government awards $51.6 million for senior housing construction, service delivery
By
Lois A. Bowers
Feb 10, 2020
The U.S. Department of Housing and Urban Development on Friday announced awards of more than $51.6 million to a total of 18 nonprofit organizations to finance affordable senior housing construction, provide...