WASHINGTON, Sept. 3 -- Long-term care facilities from across the country are forming the Coalition for Senior Healthcare Reform, an organization that seeks to improve the quality of healthcare for seniors by ensuring access to capital for long-term care, assisted living and skilled nursing facilities.
Over 230 facilities in 21 states have joined the Coalition that seeks to improve existing facilities, replace outdated ones and build desperately-needed facilities for America's aging population primarily through the support and improvement of the Federal Housing Administration's Section 232 mortgage insurance program.
"Mortgage insurance through FHA doesn't just help individual homeowners, it's a major source of credit enhancement for long-term care facilities, too," said Coalition Chairman Ira Smedra, President of the Los Angeles-based ARBA Group. "The FHA Section 232 program allows facilities to renovate and refinance and is a vital tool for building new facilities to support the growing number of seniors who need care."
Norman DeLisle, MDRC
"With Liberty and Access for All!"
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MDRC Website: http://www.copower.org/
LTC Blog: http://ltcreform.blogspot.com/
Recovery: http://therecoveringlife.blogspot.com/
Change: http://prosynergypsc.blogspot.com/
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