Affordable housing - McKnight's Senior Living

Affordable housing

President Joe Biden speaking

Biden’s infrastructure plan includes prioritized funding for affordable housing, long-term care

President Biden unveiled a $2 trillion, eight-year infrastructure plan on Wednesday with a nod to the needs of older adults and the long-term care industry. The first phase of the president’s American Jobs Plan, detailed in a 25-page briefing paper and discussed in an afternoon speech in Pittsburgh yesterday, aims to overhaul and upgrade America’s physical infrastructure and elevate health and senior care to “infrastructure” status.

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Biden’s infrastructure plan includes prioritized funding for affordable housing, long-term care … 1 in 5 adults unable to pay for healthcare: Gallup poll … Non-drug interventions more effective in easing depression in dementia: study … CDC: COVID was third leading cause of death in 2020; highest among elders, Hispanics … Dementia patients at greater risk of delirium in COVID-19, but not severity

tiny house on top of paperclipped money

Record-breaking $1.09B disbursed for affordable housing as provider group lobbies for $1.2B in COVID relief

The Federal Housing Finance Agency’s announcement of the authorization of a record-breaking $1.09 billion disbursement to the Fannie Mae and Freddie Mac affordable housing allocations “will undoubtedly increase the supply of affordable senior housing,” LeadingAge Vice President of Housing Policy Linda Couch said. The news comes as LeadingAge advocates for senators to prioritize the 2.5 million people in HUD-assisted senior housing who were left out of the House-passed COVID-19 relief package.

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