Senior Housing Facing Affordability Crisis?

Millions of older adults struggle to find housing that is affordable and physically suits their needs, a new report by the Bipartisan Policy Center’s Senior Health and Housing Task Force, outlines recommendations for states and legislators to help alleviate the lack of suitable senior housing.

It’s also calling on state and local governments to allow for more permissive land-use policies to urge alternative housing structures for seniors, such as accessory dwelling units, micro-units, and congregate homes. It’s also calling for federal and state governments to provide greater support for home modifications so people may age in place, such as through property tax credits, grants, or forgivable loans.

Source: “Former HUD Secretaries: America’s Elderly Desperately Need More Affordable Housing,” HousingWire (5/22/16)