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To ensure that capital for senior housing (including assisted living, memory care residences, and CCRCs) is not excluded from TCJA interest deduction provisions, Argentum along with other allied senior housing partners are working with Senator James Lankford (R-OK) and Senate Finance Committee Chairman Orrin Hatch (R-UT) to clarify the intent of the Senate Finance Committee provision.

In addition to a Senate colloquy between Sens. Lankford and Hatch, Argentum and allied senior housing partners are working with the Senate Joint Tax Committee to ensure clarifying language is included in a synopsis of the tax reform bill that is expected to be published later this year.

 

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