Assisted living for seniors:
Assisted living for senior means residence provided to seniors with facilities and care they needed, while maintaining their privacy and freedom as much as possible. Other terms that are used for assisted living are “Community Based Retirement Facility” (CBRF) and one other that is “Service enriched housing”. Purpose of all these are same to provide seniors a better living for the rest of their lives. Progressive care and daily assistant required given to them make their daily tasks more enjoyable and fun. Seniors give priority to the living that combined with necessary care and independent living.
Low income assisted living communities:
Low income communities are the best options for elders who are not able to live alone any more in their homes and also don’t need nursing care further. Low income living is very challenging for their families to find because of the cost. More the care, higher will be the cost of such assisted livings. It can cause a huge financial strain for those who are surviving with low incomes. Fortunately, there are financial facilities for those who qualify for assisted living to cover the cost of assisted livings. But sometimes it is very difficult to identify whether they are eligible for such livings or not and this requires a long process. Financial help for low income seniors vary from state to state and the cost also depend upon the need they require.
Financial Assistance provided for low income elders:
- Section 202 program
- Veterans benefits
- Long term care insurance
- Non-Medicaid state assistance
- Social security
Living for over 55+ communities:
When we talk about over 55 communities we mean active adults that must be 55 years old to qualify for the assisted living housing. They are also called active adult community.
Active adult community:
They are not much different from the other residents of their community but active adult community is mostly designed with low maintenance and retirement friendly lifestyle in their mind. These communities can be single family house as well as multi family housing, townhomes or condominiums and they are owned by the resident. These types of livings are mostly build near parks, shopping markets, restaurants and such other types of attractions that are needed for active lifestyle in their retirement years. In over 55 communities it is the responsibility of the home owner to pay for interior maintenance and daily needs. However it is paid to the residents by their monthly home owner association (HOA) fees. Active adults will enjoy their retirement phase without the load of home maintenance and looking after a yard or chores of house repairing. In an active adult community there is no other fee than home owner’s association (HOA) dues that they had to pay.
Active adult communities don’t have site dining and health care services like other senior livings. But HOA do pay for such type of amenities for the active adult community. Golf courses, pools, tennis courts are such type of facilities that make adults to living in active adult communities.
Advantages and disadvantages for living in over 55 communities:
- Low or no maintenance fee
- Opportunities for the retirees to make new friends
- Mostly quiet, and kid free environment for living
- Lack of age diversity
- No advantage for younger family members for you investment in real estate.
- Care services are not included.
Low Income Housing for seniors:
According to National council on aging for America there are about 25 million Americans are living in poverty with age over 60. Annual income of seniors is below the federal poverty level and this is about $81 a day and $24,452 in a month and $29,425 per year. Social security is the most popular form for income of seniors. According to this about 97 percent of seniors will receive social security. Further, about 21 percent of married couples and 43 percent of seniors who are living alone depend on the social security for their living. According to the social security administration if the income of retired senior is $1369 and this the half amount that a low income senior will earn in a year. This shows that there are many seniors who are living in poverty and they don’t have enough money to buy food, clothes and the most important expense for housing. Such types of seniors are offered HUD low income senior housing provided by the US government
HUD low income senior Housing
Department of urban and housing development is United States department that is responsible for housing scheme for low income seniors with amenities throughout the United states. Such type of housing is deal by the public housing agency offices. They receive applications from the seniors and figure out the low income housing that is available against that applications requirements. Factors that are included in HUD low income senior housing are:
- Your level of low income
- Senior with disability
- If applicant is US citizen or immigrant who is eligible.
Affordable Senior Living
There are many types of Affordable living for seniors with low income but it never means that you will be sacrificing over the quality or better lifestyle. Affordable living for seniors is available through the government and private markets. Isolation is most common with older adults. When you move to affordable senior living you will make new friends, enjoy your daily tasks while staying in the community you can call home. There are six types of affordable senior living to fix the budget.
- Co-Op housing
- Public housing
- Virtual retirement communities
- Housing choice voucher program
- Section 202 supportive housing for elderly
- Low income housing tax credit (LIHTC)
Amenities at affordable housing communities
- Comfortable apartments with security
- Locations near dinning and shopping
- Emergency response system is present for the resident in such livings
- Handicap accessible service
- Utilities are provided except phone and cable
- Well maintained communities
- Several communities with pet friendly environment
- Monthly activities for fun and community rooms are available
- Welcoming and asserting culture is provided.