Senior Housing

Seniors Homes Welcome Storm Victims
   HUD relaxes its fair housing strictures to allow victims of Hurricane Sandy to live in housing designated for people 55 and older. The temporary changes apply to senior living homes across the county for qualified evacuees.
posted 11/30/12 11:30 AM  read complete story

Creation Of Senior Housing Boosted
   There are eight ways to meet the impending senior housing shortfall including creation of flexible zoning rules and providing assistance for aging-in-place retrofits says the Center for Housing Policy. The CHP developed the guidelines to help meet what is termed the
posted 4/13/12 10:50 AM  read complete story

Private Capital Sought For Elderly Housing
   In a bid to attract private market cash to develop housing for the elderly, HUD crafts a rule proposal to streamline requirements for mixed-finance developments through its Section 202 Supportive Housing for the Elderly program
posted 3/30/12 11:08 AM  read complete story

(HOUSING FOR ELDERLY) $31 Million in Sec. 202 Housing Subsidies
   HUD distributes more than $31 million in affordable supportive housing projects for the elderly under the Sec. 202 housing allocations for FY 2010. The awards follow $545 million in awards issued in November
posted 2/10/12 12:24 PM  read complete story

(HOMEBUILDERS) Builder Worry Over 55+ Housing Market
   Builder confidence in the 55+ housing market for single family homes falls three points to 12 compared to the same period a year ago, the National Association of Home Builders says in its 55+ Housing Market Index. The index measures builder sentiment based on current sales,
posted 11/17/11 4:36 PM  read complete story

(FUNDING) Nonprofits Vie For New Senior Housing Money
   Nonprofits or tribally designated housing entities (TDHE) are eligible for funding via the new Rural Senior Housing Fund (RSHF) offered by the Housing Assistance Council (HAC) and The Atlantic Philanthropies (TAP). HAC is accepting applications through Dec. 15. HAC officials say they will be grantin...
posted 10/7/11 11:10 AM  read complete story

(HOUSING DEVELOPMENT) Elderly Housing Gets $450 Million
   Strongly demonstrating the need for elderly housing proves essential in helping an Illinois nonprofit win $9.48 million in Section 202 federal funds to cover construction costs for 59 new units, which are expected to be
posted 9/9/11 12:23 PM  read complete story

(REVERSE MORTGAGES) Rule Triggers Reverse Mortgage Chaos
   A Federal Housing Administration (FHA) rule governing reverse mortgages under its Home Equity Conversion Mortgage program has played a significant role in the spiraling increase of mortgage failures. FHA failure to ease the rule
posted 6/22/11 12:16 PM  read complete story

(HOUSING FOR BOOMERS) Boomers Seek Smaller, Cheaper Housing
   With an estimated 10,000 Baby Boomers reaching the leisure age every day for the next 19 years, developers are primed to supply affordable homes and apartments. But legal and political hurdles are adding to the cost of doing
posted 6/22/11 09:37 AM  read complete story

(SENIOR HOUSING) 55+ Builders Have Brighter View of Rental Market Than Single-Family Housing Market
   Builder confidence in the 55+ housing market was markedly more upbeat in the first quarter of 2011 ...
posted 5/27/11 10:15 AM  read complete story