Collaboration between housing providers and Medicare managed care plans, including plans for dually eligible beneficiaries, is the most feasible way in the short term to finance affordable housing plus services, according to a report shared Thursday by the LeadingAge LTSS Center @UMass Boston.
The Department of Housing and Urban Development’s Thursday announcement of $50 million in funding for the Section 202 Supportive Housing for the Elderly program is “particularly impactful in light of the fact that Congress has not provided funding for new 202 housing since fiscal year 2010,” LeadingAge said Friday.
A joint venture between Avinity and Presbyterian Homes & Services will work to preserve and expand affordable senior housing options for the areas in which they operate, the entities announced Wednesday.
Several senior living operators and groups serving them are among the 3,574 organizations that sent a letter to Senate and House of Representatives Appropriations Committee leaders urging them to “ensure affordable housing, community development and transportation programs receive the highest allocation of discretionary funds possible in fiscal year 2020.”
A shortage of seven million affordable and available rental homes for extremely low-income renters exists in the United States, and many of those in need are older adults, according to a report released Thursday by the National Low Income Housing Coalition.
Senior living advocates are urging Congress to reject the reforms to Medicaid in President Trump’s proposed budget for fiscal year 2020 and also are “deeply disappointed” in changes to affordable housing programs.
HUD’s self-described plans to “drastically” cut the amount of advance notice of inspections it provides property owners should not “substantially” change the way affordable seniors housing operators maintain their properties, LeadingAge predicts.
Elderly affordable housing residents “particularly at risk” during federal government shutdown … State officials may push for “granny cams” in long-term care facilities after comatose woman is raped … State regulators again give OK for $2.7 billion acquisition of long-term care insurer Genworth
Workforce issues will continue to be a dominant challenge in the senior living industry in 2019, according to leaders of several organizations representing providers. But they are entering the new year with plans to address these and other issues.