What percentage of occupancy must new assisted living residences achieve with Medicaid-eligible persons within three years of licensure?

New assisted living residences in New Jersey are required to reach a minimum occupancy rate of 10 percent with Medicaid-eligible individuals within three years of licensure. This regulation is designed to ensure that these facilities serve a portion of the population that relies on Medicaid for assistance, thereby increasing access to care for low-income residents who may have difficulty affording housing and services. Achieving this occupancy benchmark is significant as it reflects the facility's commitment to inclusivity and provides vital support to vulnerable communities. It reinforces the state's purpose of expanding the availability of assisted living options for those who are financially disadvantaged and ensures that facilities remain viable and responsive to the needs of their residents.