Affordable Housing - McKnight's Senior Living

Affordable Housing

Katie Smith Sloan headshot

LeadingAge urges Congress to adopt comprehensive COVID-19 relief package for older adults, care workers

As Congress considers a new COVID-19 relief package, LeadingAge President and CEO Katie Smith Sloan urged House and Senate leaders to follow through on the federal government’s initial down payment to aging services providers on the frontlines and support older adults in assisted living, memory care, life plan and affordable housing communities as well as nursing homes, adult day programs, and home and community-based services, hospice and home health providers.

Affordable senior housing operators may be penalized due to confusion over Paycheck Protection Act program eligibility

Confusion over whether not-for-profit affordable seniors housing providers are eligible for loans through the federal Paycheck Protection Program has providers in danger of either being penalized if they accepted funds inappropriately or of missing out on funds if they don’t apply because they believe they aren’t eligible. Today is the deadline for all PPP borrowers to return funds without penalty if they received funds for which they are not eligible.

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