Category: Low Income Senior Housing

Philly Low-Income LGBT Seniors Housing Sets National Bar

A new Philadelphia-based building that caters to low-income seniors in the lesbian, gay, bisexual and transgender (LGBT) community may soon inspire similar models nationwide. The John C. Anderson apartments, a six-story building that opened recently in Center City, Philadelphia, has attracted residents from across the country, including Florida and New York, The Washington Post reports in… Read More »

Boomers to Occupy 10.7 Million Households Over Next Decade

The aging of the baby-boomer generation over the next decade will increase the number of households aged 65 and over by some 10.7 million, increasing the demand for investments to age in place. From 2015 to 2025, the number of households aged 70 and older will increase by approximately 8.3 million and account for more… Read More »

Senior Communities Win Resident Buy-In Through the Arts

Some senior living providers are generating community buzz—and simultaneously engaging residents—by carving out a niche in the arts. Meta Housing Corporation’s developments include three senior arts colonies along with a focus on arts programming throughout its senior housing portfolio, while a Sunrise Senior Living community recently kicked off its first-ever playwriting residency through a partnership… Read More »

WaPo: U.S. Approaching a Caregiver Cliff

The United States is getting closer to a caregiver cliff as demand for long-term care services grows while the supply of those who can provide that care diminishes, writes the Washington Post. President Obama during his January State of the Union address called the nation’s millions of family caregivers “humble heroes.” AARP valued unpaid family… Read More »

Housing Recovery to Drive Regional Independent Living Upswing

The senior living sector is experiencing a boom on the heels of the housing downturn and recovery, with assisted living and memory care leading the charge. While independent living isn’t expected to meet the pace of its counterparts, it’s still expected to gain ground. Last year’s sales of portions  of the Holiday Retirement portfolio and the… Read More »

Top 10 Trends in Senior Housing for 2014

Top 10 Trends in Senior Housing for 2014

Two trains are driving toward one another. The first train, Money, leaves Town A at 5 am traveling at 60 miles per hour. The second train, Health, leaves Town B at 7 am traveling at 70 miles per hour. The distance between Town A and Town B is 455 miles. What is the EXACT time… Read More »

CMS Includes Assisted Living Option in Medicaid HCBS Programs

The Centers for Medicare & Medicaid Services (CMS) issued a final rule on Friday strengthening community living options included in Medicaid’s home- and community-based services programs for seniors and those with disabilities. The rule, stemming from the Affordable Care Act and supporting the Department of Health and Human Services’ Community Living Initiative, ensures HCBS programs… Read More »

HUD Makes $15 Million Senior Housing Commitment

The Department of Housing and Urban Development announced on Tuesday a nearly $14.8 million commitment to preserving affordable rental assistance for senior residents of subsidized properties.  The funding is provided through HUD’s Senior Preservation Rental Assistance Contracts (SPRACs) and is targeted for properties in the department’s Section 202 Supportive Housing for the Elderly program. Without… Read More »

Funding Crisis Puts Squeeze on Community-Based Senior Services

Seniors who are able to remain in their private homes with the help of federally-funded services are at risk of losing their independence, warns a recent report by the National Association of Area Agencies on Aging (n4a). Local Area Agencies on Aging in nine states indicated in a November 2013 n4a survey that a range of community-based… Read More »

LeadingAge-Ziegler Rank Largest Affordable Senior Housing Providers

Following the release of the LeadingAge-Ziegler 100, the two companies have teamed up again to rank the largest nonprofit affordable senior housing providers in the country. The 2013 LeadingAge-Ziegler 100 finds that Ohio-based National Church Residences is the largest not-for-profit affordable housing provider with more than 16,000 residents being served across 228 communities. The list… Read More »

Stanley Healthcare Makes New Investment in Senior Care Tech Development

Stanley Healthcare and digital health solutions provider BAM Labs have partnered to form a joint integration and distribution agreement for technology aimed at reducing pressure ulcers and falls among senior living residents. The new Stanley Healthcare Patient Safety Monitoring solution leverages BAM Labs’ non-invasive sensor pad that is placed under mattresses and can provide caregivers… Read More »