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State financing programs for long-term care facilities
Author(s)Charlene Harrington, Allen LeBlanc, Alice Wong
Journal titleJournal of Housing for the Elderly, vol 16, no 1/2, 2002
Pagespp 51-60
Sourcehttp://www.tandfonline.com
KeywordsCare homes ; Nursing homes ; Finance [care] ; United States of America.
AnnotationIn the US, state loan agencies provide valuable capital funds for new and existing long-term care facilities and programmes. This study presents findings from a telephone survey of such agencies about the size and scope of loan programmes for long-term care. Thirty-two state financing agencies located in 31 states provided US$1.4 billion in funds for long-term care facilities in 1997, primarily through bonds. Of the 101 entities that received financing in 1997, the majority was for residential care and/or assisted living facilities or multi-level facilities. Despite variations in financing across states, the state programmes are important sources of long-term care financing. (KJ/RH).
Accession NumberCPA-020822221 A
ClassmarkKW: LHB: QC: 7T

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