12 U.S.C. § 1701r : US Code - Section 1701R: Congressional findings respecting housing for senior citizens

Search 12 U.S.C. § 1701r : US Code - Section 1701R: Congressional findings respecting housing for senior citizens

The Congress finds that there is a large and growing need for
suitable housing for older people both in urban and rural areas.
Our older citizens face special problems in meeting their housing
needs because of the prevalence of modest and limited incomes among
the elderly, their difficulty in obtaining liberal long-term home
mortgage credit, and their need for housing planned and designed to
include features necessary to the safety and convenience of the
occupants in a suitable neighborhood environment. The Congress
further finds that the present programs for housing the elderly
under the Department of Housing and Urban Development have proven
the value of Federal credit assistance in this field and at the
same time demonstrated the urgent need for an expanded and more
comprehensive effort to meet our responsibilities to our senior
citizens.