On May 6, ASHA, along with our senior living coalition partners, Argentum and National Center for Assisted Living (NCAL) sent a letter to House Leadership as well as House Financial Service Committee Leadership, reiterating our concerns regarding the significant unintended consequences for senior living communities in Section 901 of the Senate passed 21st Century ROAD to Housing Act. If the exception for “55 and older” is not clarified, it will threaten the viability of a large segment of the more than a million existing housing units that serve our seniors housing residents today.
Our concern is that the exception is limited to “new construction, renovations, and rental conversions.” It does not include protection for “existing” properties. By not expressly including “existing” properties, it effectively denies the same treatment for these units, as the other categories. This omission will threaten the removal of a critical source of capital necessary to ensure these units are not lost but remain healthy and viable options to serve our nation’s seniors for years to come.

Click here for the letter.