Oct 2, 2018
What are Replacement Reserves?
Replacement reserves are funds that are earmarked for replacing building components and equipment which will wear out over time.
Oct 2, 2018
What is a Skilled Nursing Facility?
Skilled nursing facilities are state-licensed, long-term care facilities that offer round-the-clock care for residents dependent on nursing care.
Oct 2, 2018
What is a Senior Housing?
Senior housing is a general term denoting housing suitable for older adults. This type of housing emphasizes safety and accessibility. Options range from round-the-clock care facilities to independent living communities. HUD 232 loans can finance many types of senior housing facilities, but facili