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Senior couple sitting on a couch reading a senior housing brochure
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Washington brings good news about affordable housing for seniors

April 12, 2018 / 4 min read

With White House approval of the fiscal year 2018 spending bill, the senior living industry will see increased funding related to age-related illness research and affordable senior housing.

Legislators passed a fiscal year 2018 budget with several provisions that benefit the senior living industry, especially given the concern about the nation-wide lack of affordable senior housing.

The spending bill increases funding for research into age-related illness:

It also offers much-needed funds for affordable housing development programs that benefit seniors:

You can read a comprehensive summary of the spending bill at McKnight’s Senior Living.

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