AARP Grants to Support Senior Housing Industry

By Michelle Seitzer / Posted on 31 July 2012

Business is booming in the senior living world, right? Not quite.

Although the need for quality senior care and housing options is great, and though it may seem that assisted living communities are popping up everywhere, the problem is access. Access to capital for developers and providers to commence new construction, and access to affordable housing for seniors on fixed incomes: both are problematic and hindering growth even as the graying of the population marches forward.

That’s why the AARP Foundation is stepping up and offering more than $1 million in grant money to “organizations whose goal is to create better access to housing for the struggling 50+ population or help them maintain current living arrangements,” says this SeniorHousingNews.com article. (To find out more about the grants and how to apply, visit the AARP Foundation page.)

The time is now for innovation and action: Americans are aging, and the system needs continuous support from private and public organizations, businesses, communities and families to adapt to the higher demand for services. The AARP Foundation’s grants program is one small step in the right direction.

Read more about current senior housing trends and industry happenings here.



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