State housing agencies can apply for $120 million in new federal funding to support housing options for disabled people transitioning out of long-term care facilities, the Department of Housing and Urban Development recently announced.
Housing providers using government funds should consider the needs of individuals transitioning out of nursing homes and other institutional settings, according to recently released guidance from the Department of Housing and Urban Development.
It wasn't so long ago that long-term care operators looked at HUD funding with a disdain bordering on contempt. But the Department of Housing and Urban Development has come a long way in a short time. By staying in the game, offering good rates and speeding up its approval pipeline, this public option has quietly gained a newfound respectability.
Three men recently agreed to pay over $5.3 million to settle charges that they issued false statements to secure mortgage financing for three Oklahoma nursing homes.