Published April 28, 2021 at 9:21 AM MDT
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A new report from Utah housing advocates shows the state could lose 40% of federally subsidized rentals for older adults by 2045. This story and more in the Wednesday morning news brief.
Wednesday morning, April 28, 2021
State
A new report from Utah housing advocates shows the state could
lose 40% of federally subsidized rentals for older adults by 2045. Otelo Reggy-Beane with the Utah Housing Coalition authored the report. He said subsidized units are being converted into market-rate spaces, and that forcing seniors to relocate can “negatively impact their physical and mental health and increase their likelihood of experiencing homelessness.” Reggy-Beane said many older people rely on fixed incomes, and with current housing prices, that’s not enough to afford market-rate rent. He recommended that state and local governments dedicate funds to preserving senior housing. —