Senior living operators that are having trouble recruiting staff due to the lack of affordable housing for middle-income workers near their facilities are turning to on-site workforce housing, hotel-to-residential conversions and rent subsidies as solutions.

Montana-based The Springs Living is factoring workforce housing into an upcoming expansion of memory care and assisted living facilities it operates in Whitefish, according to a report in Senior Housing News.

"Now we're going to add independent living and workforce housing. As part of that design process, we're looking at operations for including a tranche of workforce housing as part of that campus," CEO Fee Stubblefield told SHN.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.