A recent Government Accountability Office (GAO) study finds that while many older adults likely needed meals or home-based care in 2008, they did not receive Title III or other government program assistance, such as Medicaid, that they needed. Preceding a reauthorization of The Older Americans Act (OAA), enacted to help older adults remain in their homes and communities, […]
A recent National Association of Realtors study finds that Americans prefer walkable, mixed-use neighborhoods. More than half of survey respondents said they prefer smart growth neighborhoods as opposed to sprawling neighborhoods, or those that require driving for work and recreation. The study, titled The Community Preference Survey, defined “walkable” communities as those where shops, restaurants […]
A new National Council on Aging (NCOA) program, One Away, helps to show the real-life situations of many American seniors. Many of those seniors, according to a recent NCOA study, are experiencing economic hardship that leads them to choose between paying for food, housing, utilities, or out-of-pocket for medication costs. More than 13 million live on […]
A $100,000 Affordable Housing Program (AHP) grant will assist in the construction of a Mena, Arkansas-based assisted living facility for low-income seniors. The grant, made possible by the Federal Home Loan Bank of Dallas (FHLB Dallas) and Bank of the Ozarks, will help in the completion of The Oaks senior living facility, which will contain […]
Senior living provider Bloomfield Senior Living has announced it will use software platform Yardi Voyager Senior Housing to manage its portfolio of communities, which spans three states. The family-owned company, which operates several senior housing communities in Indiana, Ohio and South Carolina, says the software will allow it to manage multiple business functions from a […]
Institute on Aging (IOA) announced this week the opening of a new campus that will incorporate services and housing for independent senior living. The new campus, based in San Francisco, is a 50,000 square foot facility that began in the year 2000 and will open the weekend of April 2. “With our new campus, IOA […]
The influx of baby boomers reaching retirement age has one senior living developer tackling the question of how it will creatively address the growing demand. Germantown, Maryland-based Asbury Communities, which provides management and support services for a system of continuing care retirement communities, says it is time to get prepared. “With an increase in home […]
Home preferences are changing, says a recent National Association of Home Builders study. Consumer hesitation may be slowing, but the housing downturn is leaving a lasting mark on what buyers want and need. The NAHB survey indicates that smaller will be better in the years ahead, with homes averaging an anticipated 2,152 square feet in […]
More than a quarter of Americans say they are “not at all confident” about retirement and only 13% say they are “very confident,” according to the Employee Benefit Research Institute’s 2011 Retirement Confidence Survey. The small proportion who are confident in their retirement is tied with the rate in 2009—the lowest on record in the […]
A study focused on retirement planning risks found that many of today’s seniors are spending more time in retirement than in the years planning for it. The study, titled “The 2009 Risks and Process of Retirement Survey,” was conducted by the Schaumberg, Ill.-based Society of Actuaries, and asked respondents about a number of risks relating to retirement. […]