Affordable Senior Housing

RAD for PRAC Notice Issued

BY COLLEEN BLOOM Effective immediately, HUD providers of Section 202 Housing for the Elderly with Project Rental Assistance Contracts (202/PRACs) can now begin to leverage private capital to preserve their affordable housing over the long-term. On September 5, 2019, HUD released the long-anticipated implementing instructions for accessing new resources for the recapitalization of 202/PRAC properties. Read More…

Affordable Senior Housing

Ben Metcalf Departs HCD

On September 5th, the California Department of Housing and Community Development announced the departure of Director Ben Metcalf’s departure, effective the next day (September 6, 2019). Metcalf was formerly the Deputy Assistant Secretary for Multifamily Housing with the U.S. Department of Housing & Urban Development and was with BRIDGE Housing Corporation prior to that. “Farewells Read More…

General Interest Skilled Nursing

Jennifer Kent Resigns as DHCS Director

News broke late yesterday regarding the Director of the Department of Health Care Services, Jennifer Kent’s sudden resignation. Later, reports surfaced of the Director’s criticism of “anti-vaxers” as “flat-earthers.” Ms. Kent was appointed as Director of the California Department of Health Care Services (DHCS) in January of 2015 and oversees a department staff of almost Read More…

All Provider Types General Interest

Your California Property Insurance is on the Rise, And for many the Rise is Significant.

By: Kevin Veitia, Area Senior Vice President, from Gallagher and Jeff Bianchi, Senior Vice President of CRC, a member of CRC Property Practice Advisory Committee.   For the past few years, property insurance, for the most part, has flown under the radar.  Property owners have grown accustomed to very little change when it came to Read More…

Affordable Senior Housing

More Hurdles to Prove Housing Discrimination

By Colleen Bloom, Director for Housing Operations, LeadingAge Posted: 8/21/2019 On Friday, HUD released a proposed rule for 60-day comment that would make drastic changes to the current process for asserting Disparate Impact. The proposed rule would make it far more difficult for people experiencing various forms of discrimination to challenge the practices of businesses, governments, and Read More…

General Interest Life Plan/CCRC

Five New Life Plan Communities Under Construction in California

According to the Continuing Care Contracts Branch, five new Life Plan Communities (CCRCs) are currently under construction in California, mostly on the coast. These communities include: Reata Glen Orange County, a Continuing Life Community will be located in Southern Orange County. Continuing Life is a for-profit operator and the community will include 480 residential living Read More…