Argentum’s ongoing engagement with federal agencies underscores the increasing recognition of the senior living industry as an essential component of America’s long-term care infrastructure. As the nation prepares for a dramatic rise in the aging population, Argentum is working to ensure senior living communities have the workforce, financing, and policy support needed to meet future demand.
Spotlight on Immigration and the Senior Living Workforce
Last week, Argentum met with leadership from the U.S. Department of Labor’s newly created Office of Immigration Policy (OIP)—a significant step forward in advocating for workforce solutions. The discussion focused on the vital role that foreign-born workers play in delivering quality care and services in senior living communities across the country.
With the senior living industry facing chronic staffing shortages, streamlining legal immigration pathways for caregivers and support staff has become a priority. The OIP, which was formed to coordinate and modernize U.S. immigration policy, has been tasked with identifying ways to simplify and improve access to various employment-based immigration programs.
Argentum emphasized the importance of policies that facilitate timely, efficient hiring of international talent for roles that are difficult to fill domestically. The OIP expressed interest in understanding industry challenges and committed to sharing additional updates in the coming weeks.
Financing and Public-Private Partnership Progress with HUD
In a separate meeting last week, Argentum met with the Federal Housing Administration (FHA) within the Department of Housing and Urban Development (HUD) to discuss critical issues related to financing senior living communities. FHA committed to embracing public-private partnerships and reducing red tape—especially for senior living financing programs. Importantly, FHA has already implemented Argentum-recommended reforms to streamline Section 232 and 223(f) programs.
These reforms, which align with Argentum’s recommendations, are designed to accelerate project approvals, enhance financial viability, and help providers meet growing demand with modern, well-equipped communities.