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Eldercare
Reply to "Does anyone know how senior subsidized housing works? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I would be surprised if there aren’t asset limits for Section 202, on the same magnitude as SSI honestly. It’s for extremely low income individuals (below 50% of the average market income), and capacity is tight, and waiting lists are long. At 18000/yr in income, she’s ineligible for SSI, so I would assume that she’s ineligible for 202. There may be some private developments (that get other real estate incentives) that offer sliding-scale rents. I’d look into those. [/quote] I’d also reach out to your local ACL office (formerly AOA). https://acl.gov/[/quote] One more resource. Here’s where you can see all the properties that received federal support (like LIHTC) that are required to offer subsidized rents. Go to “find affordable rents”: https://www.hud.gov/topics/information_for_senior_citizens https://eldercare.acl.gov/Public/Resources/LearnMoreAbout/Housing.aspx[/quote]
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