Older Americans

HUD: $231,000 Invested to Install Solar on Rental Homes for Calais, ME Seniors

Newly closed Green and Resilient Retrofit Program transaction will fund installation of rooftop solar system. Today, the U.S. Department of Housing and Urban Development’s (HUD) announced the closing of a $231,623 Green and Resilient Retrofit Program (GRRP) transaction to help finance energy efficiency and climate resilience improvements for affordable rental homes at the St. Croix…

ABA: Seven Banks Win ABA Foundation 2024 Community Commitment Awards

The American Bankers Association Foundation today named seven banks as 2024 Community Commitment Award winners. The annual awards recognize banks for extraordinary corporate social responsibility efforts in seven specific categories ranging from affordable housing to economic inclusion. The winners will be recognized at ABA’s Annual Convention in New York City on Oct. 29. The selection committee, made up…

HUD: Over $1.1 Million Invested to Modernize Senior Housing in Baltimore

Two recently closed transactions will fund repairs and energy efficiency and climate resilience improvements. Today, the U.S. Department of Housing and Urban Development’s (HUD) announced the closing of two transactions, totaling $1.1 million, to help finance repairs and energy efficiency and climate resilience improvements at two multifamily properties in Baltimore, Maryland, home to 143 seniors….

HUD: $3.7 Million Announced for Home Repairs for Seniors

Newly announced grants will deliver home modification services for seniors across the country. The U.S. Department of Housing and Urban Development (HUD) today awarded more than $3.7 million to two nonprofit organizations and a local housing authority to enable low-income elderly persons to remain in their homes through low-cost, low barrier, high impact home modifications….

HUD: $750,000 Invested to Boost Energy Efficiency and Climate Resilience for Low-Income Senior Housing in Tennessee

The grant will finance renovations to make residents’ homes safer and help combat the nation’s climate crisis. Today, the U.S. Department of Housing and Urban Development’s (HUD) Office of Multifamily Housing Programs, announced it has completed a $750,000 grant transaction under the Green and Resilient Retrofit Program (GRRP) with Wesley Living of Tennessee. The transaction…

ABA: Foundation Accepting Submissions for 12th Annual Community Commitment Awards

Today, the American Bankers Association Foundation announced it is now accepting submissions for its 12th annual Community Commitment Awards. The Foundation is encouraging banks of all sizes to enter their most successful community initiatives for the awards, ABA’s highest honors for extraordinary community engagement. The CCAs recognize innovative, high-impact bank programs that improve the quality of…

HUD: Nearly $70 Million in Grants Announced to Protect Families from Home Health and Safety Hazards

Funding helps vulnerable residents by fixing housing-related health and safety hazards, establishing sustainable local programs, and supporting key research to identify and mitigate these hazards. The U.S. Department of Housing and Urban Development (HUD) today announced nearly $70 million in grants across the country that will help transform communities by fixing older housing, preserving affordable…

HUD: $115 Million Available to Support Housing for Seniors

Deputy Secretary Todman announced the funds in Philadelphia, PA as a part of the Biden-Harris Administration’s “Investing in America” tour, aiming to create and improve affordable rental homes for elderly Americans. Today, as a part of the Biden-Harris Administration’s “Investing in America” tour, U.S. Department of Housing and Urban Development (HUD) Deputy Secretary Adrianne Todman…

ABA: Foundation Launches 2024 Financial Education Campaigns and Continues Initiative to Reach 5 Million Americans

The American Bankers Association Foundation today launched its 2024 financial education campaigns, encouraging banks across the country and their more than two million employees to participate in these important industry efforts to help consumers improve their financial well-being.  Today’s launch continues the ABA Foundation’s three-year, industry-wide commitment to reaching five million Americans with financial education…

HUD: $40 Million Funding Opportunity Announced to Expand Support Services for Seniors and Persons with Disabilities

Funding provides service coordinator staff that connect residents in affordable multifamily homes with vital resources The U.S. Department of Housing and Urban Development’s (HUD) Office of Multifamily Housing Programs announced today that $40 million in funding is available to expand the supply of service coordinators who support seniors and persons with disabilities living in affordable…