Are you are senior citizen? Do you consider yourself as having a low income? If so, low income senior housing may be perfect for you. As you learn more about this housing option you may find that you are eligible for a nice property at a price you can afford.
Individuals over the age of 62 who meet certain requirements may be eligible for the U.S. Department of Housing and Urban Development 202 Program. Communities that fit this program generally offer a variety of services to residents including transportation and health care.
Additionally, there are public housing communities that specifically serve low income seniors.
If you are interested in senior subsidized housing you probably have one question on your mind: who pays for it? There are a number of sources that fund these communities. As a resident, you will pay rent based on your income.
HUD, for example, provides interest free money to organizations that finance the development of these communities.
Finding Low Income Senior Housing
Now that you know more about low income senior housing you need to learn how to find the perfect property. There are a couple of ways you can do this.
To start, you can directly contact low income senior housing providers. At this point you can determine your eligibility, ask questions, and get a better idea of how much you would have to pay.
Additionally, you can directly contact the U.S. Department of Housing and Urban Development for information. Not only can they help with eligibility requirements, but they can point you towards several communities in your area.
Low income senior housing is available all over the United States. Regardless of your location, if you are a senior citizen who does not have a lot of money you may qualify for senior subsidized housing.