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The U.S. Department of Housing and Urban Development is close to finalizing a major reform of its extensive senior housing portfolio, allowing nonprofit owners of 125,000 apartments to tap private sources of financing for the first time.
HUD built nearly 2,900 of these properties over the past three decades. Though owned by nonprofits, the federal government funded their construction and subsidized tenant rents.
— Wall Street Journal
The nation's recent crop of senior housing projects could see much-needed improvements come to reality as the United States Department of Housing and Urban Development (HUD) loosens rules dictating where nonprofit building owners can draw funds from to make building repairs. Tom Davis... View full entry
2020 Democratic presidential contender Cory Booker has unveiled an ambitious housing and homelessness prevention plan. With his plan, the current junior senator from New Jersey and former Newark mayor takes a multi-faceted approach that aims to address many of the structural issues that underpin... View full entry
