Argentum - McKnight's Senior Living

Argentum

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.

PPP loan written on a chalkboard

PPP extended again; lawmakers advocate for program’s broader long-term care coverage

President Biden signed into law Tuesday the PPP Extension Act of 2021 (H.R. 1799), which extends the Small Business Administration’s Paycheck Protection Program application deadline to May 31 and extends the authorization of loans to June 30. The bill passed the House of Representatives by a 415–3 vote and was approved in the Senate by a 92–7 vote.

Balda and Schless headshots

States should fund senior living, relax visitation restrictions, association leaders tell governors

The National Governors Association should “strongly encourage” state governments to provide financial relief to senior living providers and caregivers for COVID-19-related expenses, Argentum President and CEO James Balda said Thursday. Additionally, governors should “immediately revise state guidance related to visitation in senior living communities,” American Seniors Housing Association President David Schless said separately.

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