Ovi Nasui

Congress Forces HUD to Provide more Support

The decision by the Department of Housing and Urban Development to add additional staff to speed up the application process for its Section 232 program was welcomed by the senior housing industry, but the support didn’t come easily. In fact, obtaining the support of the agency has been a work in progress as far back as 2009.

Increasing!

The number of 65+ households is projected to increase by 35% in 2020 according to a recent Harvard University housing report. The Joint Center for Housing Studies (JCHS) says in The State of the Nation’s Housing Report that baby boomers will continue to have a huge effect on the housing market as they approach retirement …

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The Benefit of Cities

If you care about energy efficiency, the welfare of our senior citizens, equitable transportation services, jobs, or combating climate change, cities are the answer. Consider senior care. Over the past thirty years we have built thousands of senior housing and continuing care facilities in this country. Unfortunately, a significant proportion of those are located in …

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$353 BILLION!!

The U.S. long term care market is expected to see steady growth in the coming years according to research from Kalorama Information. In 2005, the market’s value stood at $186 billion and has grown to $258 billion in 2010. For the next five years, growth will continue at annual rates of over 6%, resulting in a …

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Home Care Prices

The cost of long-term care in California significantly exceeds national levels, but costs aren’t increasing as fast in the state as they are nationally, a new report shows. The median hourly rate for home health aides is $21 an hour in California and $19 per hour nationally, according to the 2011 Cost of Care Survey by Genworth …

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