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The Week in impact investing: Breakthrough

The Week in impact investing: Breakthrough
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Proposal to strip dollars from affordable housing, HCBS 'unconscionable,' aging services leaders say - News


Linda Couch of LeadingAge discusses the crisis of affordable senior housing during a panel discussion.
“Disturbing news” that Republican leadership’s $928 billion counterproposal to the Biden administration’s $2 trillion infrastructure bill strips out every dollar to support affordable senior housing is simply “unconscionable,” LeadingAge President and CEO Katie Smith Sloan said Thursday.
She led a panel discussion on what she described as a crisis in meeting the housing needs of a rapidly aging population.
“It’s an outrage to hear that some congressional leaders want to strip every dollar for affordable housing and home- and community-based services for older Americans out of the legislation,” Sloan said. “Any infrastructure bill that goes forward must provide for safe and affordable housing designed specifically for older Americans, as well as home- and community-based services.” ....

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