Affordable Senior Housing

The primary means of getting affordable senior housing is to use the various Federal and State programs that are specifically designed to help the elderly procure clean, safe housing.

While there are some private organizations that provide senior housing assistance the government run programs are usually easier to qualify for and are encompass the entire country while private programs might be specific to a certain geographical area and require applicants to be a part of a specific religious or fraternal organization.

One example of such a government subsidy aid is the HUD 202 program which should not be confused with other HUD programs like public housing that offers rent assistance to any seniors that can meet the requirements of the program.

Affordable Senior Housing Requirements

This is primarily based on a senior’s adjusted gross income which is their current income less any approved medical expenses. One the AGI is computed a senior typically pays 30 percent of that towards their rent and any utilities.

Further requirements are that the applicant or their spouse be at least 62 years old and have income consistent with HUD guidelines meaning seniors with substantial incomes or assets probably will not qualify.

While these Section 202 communities do not pay for any additional services they usually offer things such as transportation, meals, health care and activities for the residents thanks to on-site service coordinators that match up a senior’s needs to local community based services as well as various charitable organizations.

Those seeking help finding affordable senior housing should first look at the various options provided by HUD as well as any organizations they might be a member of that offer housing programs for the elderly.

Be sure to research each option and make a short list of those communities you are interested in and then make an appointment to visit them in person before making any commitments.

It is also a good idea to check on the Internet for any reviews of the communities by residents to find out if there are any issues that might cause you to not want to live there.

Affordable senior housing is out there, you just have to do a little bit of research but it can be well worth it in the end.