HUD to Allow Private Investment in Senior Housing Portfolio

  • 📰 WSJ
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

España Noticias Noticias

España Últimas Noticias,España Titulares

Without more money from Congress, HUD senior housing operators turn to investors

Aug. 1, 2019 12:55 pm ET

The U.S. Department of Housing and Urban Development is close to finalizing a major reform of its extensive senior housing portfolio, allowing nonprofit owners of 125,000 apartments to tap private sources of financing for the first time. HUD built nearly 2,900 of these properties over the past three decades. Though owned by nonprofits, the federal government funded their construction and subsidized tenant rents.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 98. in ES
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

Privatization of public housing is wrong!

If you can levy my paycheck for student loans why wouldn’t there be a referral for housing which is the necessity of the two?!?

España Últimas Noticias, España Titulares