News related to "affordable housing"

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RAD for PRAC Implementation Guidance Delayed

On August 13, 2019 by Bobbie Guidry

The release of guidance implementing Rental Assistance Demonstration (RAD) for PRAC, expected earlier this spring or summer, is still delayed and may not be issued until early fall.  

Spending Caps Deal Allows Funding Bills to Move

On August 6, 2019 by Jodi Boyne

The White House and Congress reached a deal to raise the federal budget caps for fiscal years 2020 and 2021.  

NSPIRE Voluntary Demonstration Open Registration Announced

On July 30, 2019 by Bobbie Guidry

The U.S. Department of Housing and Urban Development announced that property owners/agents and Public Housing Authorities across the country can pre-register one or more of their properties to be considered for selection in the demonstration to develop and test a new format for conducting the physical inspection of HUD-subsidized properties. 

Affordable Housing: 202 PRAC Reserve Levels Frozen, FY19 Renewals Very Tight

On July 30, 2019 by Bobbie Guidry

LeadingAge has been informed by HUD officials that 202 PRAC funding availability is very tight right now and will remain so for the remainder of FY19.  

Report: Low Production Pushes Housing Costs Up

On July 16, 2019 by Jodi Boyne

A new report from the Joint Center for Housing Studies of Harvard University found that housing production is not keeping pace with the nation’s growth of households, which is creating higher housing costs and increased housing affordability struggles for low- and moderate-income households.  

White House Issues Executive Orders on Affordable Housing, Health Transparency

On July 10, 2019 by Jodi Boyne

President Donald Trump signed two Executive Orders last month that will interest LeadingAge members. The first is focused on reducing and removing regulatory burdens that raise the cost of housing development. The second relates to price transparency in health care, but does not apply to aging services providers.  

U.S. House Passes 2020 HUD Appropriations Bill

On July 10, 2019 by Jodi Boyne

The U.S. House approved a bill that increases overall HUD funding by 7%, rejecting the White House’s request to cut thr HUD budget by 18% for the fiscal year that begins Oct. 1. For HUD’s Section 202 Housing for the Elderly account, the bill increases funding by almost 19% compared to fiscal year 2019.

OAA Reauthorization, Medical Expense Deduction and Housing Credit Advancing in Congress

On June 18, 2019 by Jodi Boyne

Congress is getting down to business and moving funding and policy issues that impact aging services providers. 

Medicare Managed Care Key to Affordable Housing Plus Services

On April 16, 2019 by Jodi Boyne

What is the most feasible way in the short term to finance affordable housing plus services?  Collaboration between housing providers and Medicare managed care plans, according to a new report from the LeadingAge LTSS Center @UMass Boston. 

HUD Announces New Sec. 202 Housing Funds

On April 10, 2019 by Bobbie Guidry

The U.S. Housing & Urban Development Department (HUD) released a Notice of Funding Availability (NOFA) for new Section 202 funds. There is $50 million for the construction and ongoing rental subsidy of Section 202 homes. HUD expects to make approximately 30 awards. The deadline to apply is Aug. 28.  

Avinity and Presbyterian Homes & Services Announce Joint Venture to Expand Affordable Senior Housing

On April 3, 2019 by Jodi Boyne

Avinity and Presbyterian Homes & Services (PHS) have announced plans for a joint venture to preserve and expand affordable senior housing. 

Robust HUD Funding Leads LeadingAge Policy Priorities in 2019

On April 2, 2019 by Bobbie Guidry

LeadingAge has finalized its policy priorities for 2019, which includes a robust agenda on affordable housing. Funding priorities in this area include: 

Aging Services Funding at Risk in Trump Administration 2020 Budget Proposal

On March 19, 2019 by Jodi Boyne

President Trump submitted his administration’s fiscal year 2020 spending proposals to Congress last week – and they did not feature good news for aging services providers and the older adults they serve. 

HUD Funding Signed Into Law

On February 19, 2019 by Bobbie Guidry

After a brief government shutdown and continued uncertainty on a final appropriations bill, funding that supports affordable housing for seniors was signed into law this week. 

Short-Term Measure Ends Partial Government Shutdown; Concerns Remain

On January 29, 2019 by Bobbie Guidry

An agreement was reached last week to end the partial federal government shutdown and reopen affected agencies, including the U.S. Housing & Urban Development Department, for three weeks. 

New Housing-Specific Content on the Learning Hub

On January 18, 2019 by Bobbie Guidry

Check out the new LeadingAge Learning Hub where you will find great Housing-specific content, including Medical and Recreational Marijuana in Senior Living, information regarding preservation considerations, contract renewals, management and occupancy reviews, fair housing and more.  

HUD: December, January Renewals Must Rely on Reserves

On January 15, 2019 by Bobbie Guidry

The federal government shutdown has struck the U.S. House and Urban Development Department (HUD) faster than expected. HUD did not renew 650 rental assistance contracts up for renewal in December, and there are an additional 500 contracts up for renewal in January that will not be renewed. 

Tell Congress: Fund HUD, End Shutdown

On January 15, 2019 by Bobbie Guidry

Section 202 communities will not see their December 2018 and January 2019 contracts renewed because of the partial federal government shutdown. HUD expects Section 202 provider to rely on their reserves to cover expenses during the shutdown, which could have grave consequences on older adults who rely on these programs. WE NEED YOUR HELP! 

Affordable Housing Funding in Limbo; New Hemp Law Passes; More Funding For Alzheimer’s Education

On December 31, 2018 by Jodi Boyne

The federal government remains in a partial shutdown, which could impact affordable housing as the U.S. Department of Housing and Urban Development is one of the federal funding bills in limbo. It is unclear at the time we distributed this newsletter how long the shutdown will last. This articles provides some details on what a shutdown means for affordable housing funding, plus an update on a new hemp law and funding for Alzheimer's education. 

Important HUD News: Social Security Announces 2.8% Benefit Increase for 2019

On December 18, 2018 by Bobbie Guidry

A 2.8 percent cost-of-living adjustment (COLA) approved in October will begin with benefits payable to more than 62 million Social Security beneficiaries in January 2019. 

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