National Housing Trust partnered with Leading Age to analyze the QAPs from all 50 states to see how Housing Credit Allocating Agencies use LIHTCs to encourage the production and preservation of affordable housing specifically for older adults. The analysis revealed that:
Seven states have established a set-aside for creating or preserving affordable housing for older adults;
Twenty-seven states award points for creating or preserving affordable housing serving older adults;
Twenty states award points for providing certain features in affordable housing serving older adults; and
Three states provide a basis boost for crating or preserving affordable housing serving older adults.
A new report from the Joint Center for Housing Studies of Harvard University (JCHS) presents results from a survey conducted between June 23 and July 17, 2020 to explore the experiences of service coordinators during the early months of COVID-19.
Most older Americans do not reside in livable communities, according to a joint report from the Harvard Joint Center on Housing Studies and the AARP Public Policy institute. The report said most seniors do not reside in places that score high on AARP’s Livability Index, which measures economic and social environments among other factors.
Woda Cooper Companies, Inc. released a short video to celebrate the recent start of construction at Center Crossing in downtown Hickory, North Carolina. The 50-unit affordable rental community will be near the city’s downtown Union Square and will serve low-income seniors.
The House Committee on Financial Services will hold a virtual roundtable at 3:00 pm ET on September 3 on Dismantling Barriers to Housing for America’s Seniors and People with Disabilities.
Holly Wiedemann, founder and president of AU Associates and NH&RA Board Chair, Mayor Linda Gorton and Council member Josh McCurn held a ribbon cutting ceremony on August 10 to officially open Lexington’s newest affordable housing development for seniors, Meadowthorpe Landing.
The Indiana Division of Aging posted updated guidance for mitigation strategies to reduce the spread of infection in facilities with a resident who has a confirmed or suspected case of COVID-19. The document includes general principles, personal protective equipment guidance, staffing recommendations and guidance for facilities and medical providers.
The Centers for Disease Control and Prevention (CDC) posted interim guidance on preventing the spread of COVID-19 in retirement communities and independent living facilities.
HUD awarded more than $51 million in Section 202 grants to nonprofit organizations across the country to finance more affordable housing construction, provide rental assistance and facilitate supportive services delivery for very low-income seniors.
Pennrose celebrated the grand opening of Pointe View at Aspen Hill in Silver Spring, Maryland. The new high-quality, mixed-income community delivers 120 units of affordable housing and on-site supportive services for seniors in Montgomery County.
House Committee on Financial Services Chairwoman Maxine Waters (D-CA) and Senator Kamala Harris (D-CA) introduced the Housing is Infrastructure Act of 2019 (H.R. 5187/S. 2951). The bills contain the following investments in housing:
Woda Cooper Companies recently celebrated the ribbon cutting of its new 91-unit senior community on Atlanta’s BeltLine. Adair Court was made possible through the allocation of LIHTCs from the Georgia Department of Community Affairs, as well as support from the City of Atlanta, Invest Atlanta and Atlanta BeltLine, Inc. Bank of America Merrill Lynch was investor and provided the construction loan. Summit Community Bank contributed permanent loan.