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Aging population raises concerns about affordable housing, workforce shortages

Summary by NJBIZ

Driven by aging Baby Boomers — members of the dynamic generation born from 1946 to 1964 — the number of Americans ages 65 and older will more than double over the next 40 years, reaching 80 million in 2040. It’s a staggering demographic shift that leaders in the senior living space nationwide have spent years preparing for as they tackle the challenges and embrace the opportunities that come with it. “Because of the really dramatic changing demo…

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WRNJ Radio, Inc

Assembly Housing Committee advances bill to create database of affordable housing - WRNJ Radio

NEW JERSEY – The Assembly Housing Committee recently advanced A3363, which would create a centralized directory of affordable housing, senior citizen housing and veterans housing, with the goal of easing the identification and application processes of these units. The directory would be accessible to individuals searching for housing on state and municipal websites. Under the bill, each municipality would be required to submit a quarterly report…

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