Q: Are nursing homes, dormitories, fraternity / sorority houses, assisted living and retirement homes to be reported on HMDA?
A: Nursing homes, dormitories and sorority/fraternity houses are viewed as temporary housing and are not HMDA reportable since they were not built for permanent residency. In addition, a nursing home is more like a hospital in that it provides medical care, which is usually constant and extensive.
Assisted living and retirement homes are viewed as dwellings that individuals reside in permanently and are HMDA- reportable. In fact, in most cases the “home place” has been sold by the individuals who choose these homes as their new “permanent” dwellings.