[Federal Register Volume 68, Number 206 (Friday, October 24, 2003)]
[Notices]
[Page 60995]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-26458]


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DEPARTMENT OF HEALTH AND HUMAN SERVICES

Centers for Medicare & Medicaid Services


Notice of Grant Award to Promote Reverse Mortgages for Long-Term 
Care

AGENCY: Centers for Medicare & Medicaid Services (CMS), HHS.

ACTION: Notice of grant award.

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SUMMARY: The Centers for Medicare & Medicaid Services has awarded a 
grant entitled ``A Public-Private Partnership to Promote Reverse 
Mortgages for Long-Term Care'' to the National Council on the Aging 
(NCOA), 300 D Street SW., Suite 801, Washington, DC 20024, in response 
to an unsolicited application. The NCOA proposes to work with leaders 
from the private sector and government to develop a national blueprint 
for increasing the use of reverse mortgages for long-term care. The 
total amount of the award is $295,000 for the period September 30, 2003 
through May 30, 2004. The encouragement of reverse mortgages as a means 
of private sector financing of long-term care expenses for the elderly 
is a priority issue for DHHS, CMS. Funding of this unsolicited proposal 
will result in a desirable public benefit based on NCOA's extensive 
specialized expertise in evaluating long-term care services and 
financing. The NCOA has a professional staff that is dedicated to 
understanding the myriad of state and Federal regulations that affect 
long-term care. NCOA also has many years of experience in defining and 
developing long-term care issues.

FOR FURTHER INFORMATION CONTACT: Tom Kornfield, Project Officer, 
Department of Health and Human Services, Centers for Medicare & 
Medicaid Services, DHSR/ORDI, C3-20-17, 7500 Security Boulevard, 
Baltimore, Maryland, 21244, (410) 786-8263, or Judith Norris, Grants 
Officer, Department of Health and Human Services, OICS/AGG/CMS, C2-21-
15, 7500 Security Boulevard, Baltimore, Maryland, 21244, (410) 786-
5130.

    Authority: (Catalog of Federal Domestic Assistance Program No. 
93.779, Center for Medicare & Medicaid Services, Research, 
Demonstrations and Evaluations) Section 110 of the Social Security 
Act.

    Dated: October 2, 2003.
Thomas A. Scully,
Administrator, Centers for Medicare & Medicaid Services.
[FR Doc. 03-26458 Filed 10-23-03; 8:45 am]
BILLING CODE 4120-03-P