Lets more seniors use Medicaid for assisted living and encourages affordable housing projects.
This bill would let more people who need a high level of care use Medicaid to pay for services in an assisted living residence, rather than a hospital or nursing home. It would also give a boost to developers who create affordable assisted living projects that save Medicaid money. These changes would generally take effect on January 1, 2027.
Today, Medicaid does not explicitly include services in an assisted living residence as a covered benefit, and the Low-Income Housing Tax Credit does not specifically prioritize projects that help seniors get long-term care outside of institutions while saving Medicaid money. After this bill, Medicaid would cover assisted living services for eligible individuals if the costs are similar to institutional care, and states would be encouraged to give tax credits to assisted living projects that reduce Medicaid costs for the elderly.
HR 8662 · 119th Congress · May 4, 2026 · AI Summary by gemini-2.5-flash · 10/10
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