Senior housing faces challenges on multiple fronts, from current storms in Washington, D.C., including funding, adequate operational staffing, and a volatile and unpredictable environment.
With the Trump administration’s attempts to freeze funding, eliminate an as-yet untallied number of jobs, and restructure agencies at an unprecedented pace, strategic and tactical planning in senior housing become difficult
“By the time you write it, my answers will be different,” quips Steve Ervin, senior vice president and head of FHA, HUD, and Seniors Housing and Healthcare Lending at Berkadia before continuing more seriously with GlobeSt.com. “There’s not much [happening] from a legislation standpoint but there is a tremendous amount going on politically. We’re all trying to figure out what tomorrow brings.”
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