A problem that has plagued the Colorado Ski Country for many years is becoming a factor when developers are planning new senior communities in all parts of the country. Many times, developers are required to provide a portion of their new construction to the local residents of Ski Areas at cost or a discounted rate […]
Category: Affordable Housing
Cook County Sheriff has announced its suspending evictions for foreclosures where lenders do not provide adequate notice to people that are living in houses as a tenant rather than the owner. The sheriff’s office has seen almost double the number of foreclosures from last year and the suspension on evictions has received a large amount […]
Catholic Health Initiatives announced today a $6 million gift to Mercy Housing for its affordable homes for low-income families, seniors and people with special needs in Omaha and Lincoln, Neb., and Council Bluffs, Iowa. Catholic Health Initiatives, the second largest Catholic health system in the country, is also one of the largest health care providers […]
Last week, the King County Housing Authority completed the Nia Apartments, its first new public housing for seniors and disabled residents in 26 years. One week later, it is fully leased. The new 82-unit, four-story apartment complex, which is located in the Greenbridge community in White Center, offers residents spacious, light-filled apartments with well-appointed kitchens. […]
With the recent government take over of Fannie Mae and Freddie Mac, many people are proclaiming that this may be the first step towards setting the housing market back on the right course. Whether you agree with this or not, its important to realize that this will provide some additional support for the senior housing […]
Rob and Jennifer Liebreich started SeniorDecision.com about one year ago with the goal of providing a comprehensive listing of home health care, independent living, retirement communities, assisted living, Alzheimer’s care, and nursing homes that provide peer to peer consumer ratings and reviews. The site provides an exhaustive listing of facilities throughout the United States that […]
The National Investment Center for the Seniors Housing & Care Industry (NIC) released a comprehensive study of long-term care financing in the United States last month. The study addresses the combination of public- and private-sector funding that will be needed to pay for the nation’s growing care needs, especially when Baby Boomers reach their 70s […]
California’s elected officials are getting involved in supporting greater oversight of assisted living facilities in the state of California while the “Governator” is looking to cut back to fix the state’s budget deficit . The state estimates that about 150,000 people live in the state’s 7,000 long-term residences for elderly or disabled. These facilities offer […]
The front page headline of today’s Wall Street Journal proclaims “American’s Delay Retirement As Housing, Stock Swoon“. Senior’s largest net asset as a percentage of net wealth has traditionally and statistically been dominated by home equity. The article profiles one couple’s struggle to sell their $250,000 home after many months and this is after a […]
Remember the days of getting wait listed to attend the university that you were dying to get into? Flash forward 60 years into your future and you’ll come to realize that you’re back on the waiting list…except this time it’s for Senior Housing. With waiting times growing longer for affordable, independent living and assisted living […]