Affordable Housing - McKnight's Senior Living

Affordable Housing

Business briefs for Thursday, Jan. 14

HUD announces competition for $150 million in funding for Section 202 Supportive Housing for the Elderly, with applications due in May … Direct care workers remain undervalued and underused in the long-term care sector: report … HHS opens COVID-19 vaccines to seniors in independent living, affordable housing … Increased penalties for nursing homes likely under Biden administration: experts

Business briefs for Friday, Dec. 18

Omega reinstates dividend reinvestment and optional cash purchase … Most companies favor supporting parents of young children over employees who care for aging parents, spouses or other adult loved ones: S&P Global/AARP survey … Long-term care COVID-19 vaccination rollout has begun … Alliant Capital closes on $130M low-income housing tax credit fund that will help create and preserve about 1,100 units of affordable housing for seniors and families across 8 states … JASA Corp. receives $74.5M in FHA Section 223(f) refinancing for New York affordable seniors housing community … Monticello provides $20M in financing for acquisition of SNFs in Kansas and Ohio … Sequoia Living opens senior living community in Walnut Creek, CA

Business briefs for Thursday, Dec. 3

Independent living and assisted living operators continue to face occupancy pressures: Ziegler poll … Many hospitals again postponing elective surgeries amid COVID-19 surge … Ensign Group acquires 116-bed Texas skilled nursing facility … Capital Senior Living completes $18M sale of Ohio senior living community … Real estate investment firm Eagle Arc purchases two South Florida SNFs for $36.4M … Enterprise Community Development completes construction of $30M affordable seniors housing project in Richmond, VA … Social Security likely to feel effects of COVID-19 long after pandemic is over

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