HHS announced this week that it is distributing $68 million in grants to help seniors, individuals with disabilities, and caregivers better understand and navigate their health and long-term care options. The grants, part of the Affordable Care Act, will be used to help seniors and individuals with disabilities and their caregivers make more informed decisions [...]
Did you feel the earth trembling the last few weeks? Lots of moving and shaking last few weeks…don’t worry, we’ll get to you soon enough. Patience is a virtue…for those with patience and wishing to share announcements on staffing announcements, email us at movers-shakers@seniorhousingnews.com.
The Federal Housing Administration (FHA) officially announced a new modified version of its Home Equity Conversion Mortgage (HECM) product last week. The HECM Saver is an a second reverse mortgage option for the purpose of lowering upfront loan closing costs, for homeowners who want to borrow a smaller amount than what would be available with [...]
The senior living industry may have a supply problem in the coming years unless the credit markets thaw and new construction starts in earnest. According to the "Seniors Housing Construction Trends Report 2010" produced by the National Investment Center for the Seniors Housing & Care Industry (NIC) and the American Seniors Housing Association (ASHA), construction [...]
PCCP, LLC announced last week that it has closed a $20.2 million loan for the acquisition and recapitalization of two recently constructed independent living communities for the United Group of Companies. The two properties include The Lodge at Bridgemill, a 150-unit property built in 2007 situated in Canton, GA just 35 miles north of Atlanta, [...]
Cowboys Stadium in Arlington will be the setting for the first annual “Victory Night at the Stadium” on December 11, 2010, as The Legacy Senior Communities, Inc. hosts a community fundraising event benefiting The Legacy at Preston Hollow – Dallas Home for the Jewish Aged. Proceeds will give The Legacy Senior Communities the ability to [...]
The 50+ Housing Council, a special interest council of the Building Industry Association of Southern California, recently announced its winners for the annual SAGE Awards. The awards, celebrating its 16th year, recognize individuals, projects and programs that have made outstanding contributions to enhance the quality of life of Southern California residents aged 50+. The awards [...]
Huntington Bank (Nasdaq:HBAN) recently announced in its participation in the construction of a $7.7 million, 42-unit expansion of Toledo’s The Lakewoods senior housing complex. The Lakewoods project, the third phase of the development, is anticipated to be completed in Spring 2011 and leverages Huntington’s community development investment in partnership with the Ohio Capital Corporation for [...]
Seniors and Baby Boomers are looking for ways to live cheaply but at what cost? According to a new survey by Coldwell Banker, looks like they’ll be heading to the Midwest. According to the survey, the top five most affordable markets for single family, 2 bed room homes are: Rank City State Median Price 1 [...]
