Proposed changes could double budget rate increase for affordable senior housing providers | National Association of Hotel & Lodging Engineers

Proposed changes could double budget rate increase for affordable senior housing providers

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McKnights Senior Living
A proposed change in how operating costs are calculated for affordable housing communities is projected to double the annual budget rate increase for those providers in 2023. Reacting to “historically high” inflation, the Department of Housing and Urban Development published a notice in the Federal Register proposing changes to the calculation of the annual Operating Cost Adjustment Factors for 2023.  READ MORE