For seniors on a fixed income, finding safe and affordable housing is more than a financial necessity; it is a foundation for health and independence. At NCHM, we work closely with the programs and managers that provide these essential services. This guide breaks down...
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What is LIHTC Resyndication? Preserving Affordable Housing Explained
What is Resyndication? Resyndication is the process of obtaining a new allocation of Low-Income Housing Tax Credits (LIHTC) for an existing affordable housing property that has reached the end of its initial compliance period. Effectively, it allows the property to...
Senior Housing in America: Does it Start at Age 55, 62, or Something Else?
The short answer is: it depends. The longer answer can be a bit confusing, so let’s break it down as simply as possible. Background The concept of housing specifically for older adults has existed in the U.S. since the mid-1800s. Early examples include: St. Margaret’s...