Final Rule Updates Older Americans Act Regulations By Darryl Hicks THE ADMINISTRATION FOR Community Living (ACL) published a final rule on Feb. 6, 2024, that makes the first substantive changes to the Older Americans Act (OAA) in 36 years. The new regulations took effect on March 15, 2024, but regulated entities have until Oct. 1, 2025, to comply. “The overwhelming majority of Americans want to live in their own homes as they age, and almost 95 percent of them do. For many, this is possible because of the programs and services provided through OAA, such as rides to medical appointments, nutritious meals, in-home services and support to family caregivers,” said Alison Barkoff, who is performing the duties of ACL administrator and assistant Secretary for Aging, in a statement. “The updated regulations strengthen the stability and sustainability of these programs, and we are looking forward to working with our partners in the aging network to implement them.” 30 REVERSE MORTGAGE / MAY-JUNE 2024
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