Affordable housing - McKnight's Senior Living

Affordable housing


More news for Thursday, July 1

One-fourth of older adults will have ‘severe need’ for long-term care: study … Maine budget supports direct care workers, older adults … HUD proposes restoring 2013 discriminatory effects rule … Arkansas touts best regional long-term care vaccination rates


More news for Monday, June 28

DA reverses plans to seek death penalty for alleged senior living serial killer … FDA grants breakthrough therapy designation to donanemab and lecanemab for Alzheimer’s … Vapors from alcohol-based hand sanitizers can have side effects, FDA warns … Seattle senior living community scrambles for air conditioners during rare heatwave … House passes bill to make age-discrimination cases easier to prove … New affordable housing community for LGBTQ+ seniors said to be first in Texas, largest in U.S.

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Senator urges colleagues to support $600 million for Section 202 homes in 2022 HUD budget

Sen. Robert Menendez (D-NJ) is asking his colleagues to join him in requesting that the Senate HUD appropriations subcommittee to allocate $600 million for new Section 202 Supportive Housing for the Elderly homes in the fiscal year 2022 HUD appropriations bill. He’s also seeking support for full renewal funding for Section 202 rental assistance contracts.

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American Jobs Plan pumps money into affordable housing market but has ‘unprecedented labor mandates,’ group says

President Biden’s proposed American Jobs Plan pairs $213 billion in direct funding with more than $100 billion in new and expanded tax credits with bipartisan support to build and modernize affordable housing across the country. It also imposes unprecedented labor mandates on projects funded by those sources, according to the National Association of Home Builders.

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