CCRC, SNF platforms ‘pillars of stability’ as NHI shifts focus to growth … Pennant Group CEO: Senior living segment makes ‘remarkable progress’ … HUD oversight improvements needed in Housing...
Actions & Transactions, July 27
By
Kathleen Steele Gaivin
Jul 27, 2023
Greystone arranges $25M in HUD-insured construction financing for Long Island senior living community … KIRCO expands senior living portfolio with acquisition of Lexington, KY, community … After months-long...
Assisted living accounts for plurality of acquisitions in second quarter
By
Kimberly Bonvissuto
Jul 18, 2023
Assisted living accounted for 42% of the publicly announced senior living and care acquisitions in the second quarter, according to newly released data from LevinPro LTC. The percentage was equal to the...
Proposed 15 percent cut to Section 202 funding shows ‘tremendous disregard’ for older adult housing...
By
Kimberly Bonvissuto
Jul 14, 2023
A House of Representatives funding proposal that cuts 15% from the Section 202 Supportive Housing for the Elderly program compared with fiscal year 2023 funding demonstrates a “tremendous disregard”...
More news for Thursday, July 13
By
Kimberly Bonvissuto
Jul 13, 2023
Senior living advocates tell senators that assisted living access is vital to veterans … Proposed House appropriations bill would cut HUD Section 202 program funding by 15% … Industry groups drop suit...
More news for Tuesday, July 11
By
Kimberly Bonvissuto
Jul 11, 2023
Average senior housing and care cap rates, rents expected to trend up in 2023 … HUD makes $30M available to fair housing enforcement partners … New Hampshire launches brain health public awareness...
Inspections of HUD-assisted and insured housing begin under new rule
By
Lois A. Bowers
Jul 10, 2023
The US Department of Housing and Urban Development now has the authority to inspect public housing under the final rule for the National Standards for the Physical Inspection of Real Estate, or NSPIRE.
CVS Health invests $8.4 million in construction of affordable senior housing in Maine
By
Kathleen Steele Gaivin
Jun 21, 2023
An $8.4 million investment from CVS Health will yield 52 affordable housing units for older adults in Portland, ME.
Section 202, other HUD programs ‘on track to be gutted’ in appropriations process
By
Kimberly Bonvissuto
Jun 15, 2023
Plans by the House Appropriations Committee to limit overall spending to fiscal year 2022 levels will “drastically reduce funding for the House’s Department of Housing and Urban Development’s (HUD)...
Expanding assisted living could address affordability, accessibility issues
By
Kimberly Bonvissuto
Jun 13, 2023
Recognizing challenges in affordable and accessible housing for the long-term care population, a legislative council tasked with coordinating healthcare and social supports for older adults has delved...