Affordable housing - McKnight's Senior Living

Affordable housing

White House

White House topline funding requests include $180 million for new affordable senior housing

A $9 billion increase in federal funding to increase the supply and improve energy efficiency in affordable senior housing as well as to end homelessness are part of a White House discretionary funding request for fiscal year 2022 made Friday. HUD noted that the request also includes $180 million to support 2,000 units of new housing for the elderly and people with disabilities.

Rep. Maxine Waters headshot

California lawmaker working to garner support for additional funding of Section 202 Housing for the Elderly homes

Last week, Rep. Maxine Waters (D-CA), chairwoman of the U.S. House Committee on Financial Services, began circulating a sign-on letter to her House colleagues in support of strong rental assistance funding levels for several Department of Housing and Urban Development programs, including those that provide assistance to older adults.

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