The Federal Housing Finance Agency’s announcement of the authorization of a record-breaking $1.09 billion disbursement to the Fannie Mae and Freddie Mac affordable housing allocations “will undoubtedly increase the supply of affordable senior housing,” LeadingAge Vice President of Housing Policy Linda Couch said. The news comes as LeadingAge advocates for senators to prioritize the 2.5 million people in HUD-assisted senior housing who were left out of the House-passed COVID-19 relief package.
American Health Care Association and National Center for Assisted Living President and CEO Mark Parkinson said the organizations are pursuing two avenues for coronavirus relief for operators since the $1.9 trillion package expected to land on President Biden’s desk by the end of the week does not contain any funding directly for healthcare providers, more specifically for long-term care.
Weighing the risks versus benefits of loosening up restrictions in the independent living part of its life plan community, one New Hampshire long-term care provider is launching a new visitation program for vaccinated individuals.
Ask any senior living operator what fuels the most semi-sleepless nights, and you’d best settle in for a lengthy conversation. From COVID-19’s massive destruction, to tougher competition, to increased regulatory oversight, to more lawsuits, to higher insurance costs and more, the list goes on. It also seems to grow by the day. But there is…
At this time a year ago, we still were unsure what the coronavirus would mean for the industry, for the country or for us personally. Now, effects are clear, even if we still don’t know all of the answers.
It’s time for suppliers to take a look at what we’re doing to ease the transition between pre-pandemic and the new normal we are now facing. Let’s take inventory of our roles and responsibilities to help this industry that has served us for so many years.
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