You are currently viewing posts that are relevant to affordable senior housing providers (HUD 202, 236, Tax Credit, etc.).

Affordable Senior Housing

With Bipartisan Support, All Three Sponsored Housing Bills Pass Legislature

LeadingAge California’s ambitious legislative agenda for affordable senior housing was a resounding success with all three measures being passed by the California Legislature. Below is a summary of each measure. AJR 15 (Bloom) – A resolution from the Legislature to Congress and the Trump Administration calling on them to fully fund the HUD 202 Program. Read More…

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…

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…