Frail Elderly Individuals in Relation to HUD 232 Loans
If someone is classified as frail elderly, they are an older adult who cannot perform at least three daily living activities such as bathing, eating, dressing, grooming, or home management activities. Skilled nursing homes and assisted living facilities funded with HUD 232 and HUD 232/223(f) loans are both typically qualified to house frail elderly people.
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