As rental rates continue to rise across the nation, senior citizens on a fixed incomeFixed Income is periodic payments at reasonably predictable levels from one or more of the following sources:
• Social Security, Supplemental Security Income, Supplemental Disability Insurance... More continue to feel the pinch. The economic crunch can be even more severe as seniors get older and require more care and services. Even for those who have managed to save a nice “nest egg,” it doesn’t take long these days for savings to be depleted — and many seniors don’t even have that luxury. How can seniors live comfortably and affordably at a time when continue to rise?
Fortunately, there are options for older citizens to find inexpensive senior housingA property that is reserved for people who are seniors. Please Note: the definition of "senior" may vary. As always, it is important to talk with the property manager and visit the property prior to m... More — if you qualify and know where to look. If you’re over the age of 55 and struggling to find a rent you can afford, here are four resources for which you may be eligible.
Veterans Senior Housing Benefits
The U.S. Department of Veterans Affairs (VA) offers a wide range of assistance options for people who have served in the armed forces, from medical benefits to pensions and senior care benefits. If you are a spouse or survivor of a deceased veteran, you may also be eligible for assistance. The VA offers a number of benefits in addition to pensions that may help with housing costs, including Aid & Attendance (if you require in-home care or are bedridden), Housebound benefits and others. Even if you don’t need extended care at this time, some of the benefits may help offset your rent. Check with your local VA office to find out which services you may qualify to receive.
Faith-Based Senior Living
Another resource many seniors overlook in seeking inexpensive senior housingA property that is reserved for people who are seniors. Please Note: the definition of "senior" may vary. As always, it is important to talk with the property manager and visit the property prior to m... More is the help of their religious organization, denomination or house of worship. Many denominations and religious organizations provide financial, housing and senior care assistance for their older members. In many cases, as with many Catholic charities like the Sisters of Mercy and Catholic Community Services, you don’t have to subscribe to that particular religion or denomination to receive the benefits or to live in their senior living or assisted living facilities. Start by checking with your local church or synagogue to see what programs they may offer. For a list of faith-based organizations that may offer senior housingA property that is reserved for people who are seniors. Please Note: the definition of "senior" may vary. As always, it is important to talk with the property manager and visit the property prior to m... More assistance, click here.
Masonic Senior Living
If you or your spouse is/was a member of the Freemasons, you may also be eligible for a number of senior living options these organizations offer. The Masons are known for taking care of their elderly members and families, and they offer a variety of benefits including independent senior living, assisted living, home care and more. Check with your local Masonic organization to see what housing options they may offer for seniors on a limited income.
HUD Senior Living
If you are 55 and over and need affordable housingIn general, housing for which the occupant(s) is/are paying no more than 30 percent of his or her income for gross housing costs, including utilities. Please note that some jurisdictions may define af... More, you may be eligible for government programs that enable you to live in comfortable, affordable housingIn general, housing for which the occupant(s) is/are paying no more than 30 percent of his or her income for gross housing costs, including utilities. Please note that some jurisdictions may define af... More designated for senior living. These benefits are underwritten by the U.S. Department of Housing and Urban Development (HUD)Established in 1965, HUD's mission is to increase homeownership, support community development, and increase access to affordable housing free from discrimination. To fulfill this mission, HUD will em... More and may include public housing (government-administrated), multi-family subsidized senior housingA property that is reserved for people who are seniors. Please Note: the definition of "senior" may vary. As always, it is important to talk with the property manager and visit the property prior to m... More, and housing vouchers that enable you to choose from eligible properties. To see if you qualify for HUDEstablished in 1965, HUD's mission is to increase homeownership, support community development, and increase access to affordable housing free from discrimination. To fulfill this mission, HUD will em... More senior housingA property that is reserved for people who are seniors. Please Note: the definition of "senior" may vary. As always, it is important to talk with the property manager and visit the property prior to m... More programs, check with your local housing authority.
Olympia Property Management is pleased to administer many safe and affordable housingIn general, housing for which the occupant(s) is/are paying no more than 30 percent of his or her income for gross housing costs, including utilities. Please note that some jurisdictions may define af... More complexes designed to meet the needs of senior citizens. To see what we have available in your area, call us today at 256-894-2382.