Affordable Housing

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SAVE THE DATE! 8th Annual Affordable Senior Housing Resident Advocacy Day
On June 6, 2018, LeadingAge California will host the 8th Annual Affordable Senior Housing Resident Advocacy Day in Sacramento! MORE

Governor Releases 2018-19 State Budget Proposal
Governor Jerry Brown has released his January Budget Proposal for state fiscal year 2018-19. This will be the final budget for the termed-out Governor. Brown’s proposed budget echoes the fiscal conservatism that has defined his tenure since day one. MORE

Four Questions Answered on HUD Funding
From Linda Couch, LeadingAge: When will Congress complete the HUD Appropriations Bill for FY18, which began on October 1, 2017? Congress's third Continuing Resolution, a measure keeping federal programs funded at fiscal year 2017 levels, expires on January 19. MORE

LeadingAge Submits Three-Year Certification Interim Rule Comments

From Colleen Bloom, LeadingAge: HUD is implementing FAST Act provisions that, among other things, allow public housing agencies (PHAs) and multifamily housing owners to conduct less-than-full income and asset verifications for families with 90 percent or more of their income coming from fixed-income sources, so full verification will only be required every three years instead of annually. This interim final rule takes effect on March 12 for owners who wish to take advantage of the new flexibilities.

 

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FHA Lowers Insurance Rate to Encourage Affordable and Green Development
Effective April 1, 2016, the Mortgage Insurance Premium (MIP) rates for many types of FHA 223(f) and 221(d)4 deals will be drastically reduced in a move to encourage the financing of affordable and green multi-family development. The lowered rates will be available to any property that receives their Firm Commitment (or an amendment of the Firm) on or after April 1, 2016. MORE

HUD Funding on the Line

By Linda Couch, LeadingAge: LeadingAge’s October 10 action alert on funding for affordable housing programs highlights the need to educate Congress on the need to preserve and expand housing programs for older adults with very low incomes.

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HUD Industry Meeting October 26
HUD Multifamily West Region, San Francisco Asset Management Division will host their semiannual industry meeting on Thursday, October 26, 2017 from 10am to 12pm Pacific Time. MORE

LeadingAge California Staff and Members Testify at Assembly Hearing
On Wednesday, October 25th, the Assembly Committee on Aging and Long-term Care will host an informational hearing on “Caring for Seniors at Home”. The focus of the hearing will be on housing with services models for low-income seniors. MORE

2017 Legislative Overview
October 15th was the Governor's deadline to clear 977 bills that were on his desk in 2017. Of the 977, he signed 859 and vetoed 118. Below are the key bills impacting our housing providers this year. Watch for LeadingAge California's 2017 Legislative Wrap Up to hit your inboxes in early November. MORE

California Steps Up to Support #SaveHUD202
LeadingAge California has undertaken an effort to engage affordable housing members and their residents in the #SaveHUD202 campaign, organized by LeadingAge. MORE

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Donate to LeadingAge California Communities Affected By Wildfires

LeadingAge California is collecting donations to assist residents and communities affected by the wildfires affecting the wine country region and other parts of the state. The damage has been widespread. LeadingAge California is asking for your help to assist seniors and their communities in this time of desperate need. Please consider making a generous donation today. Click HERE to donate.



Content provided by...

Meghan Rose, director of housing - HCBS  and in-house counsel for LeadingAge California.
Meghan can be reached at (916) 469-3372 or mrose@leadingageca.org