Affordable Housing For Seniors

Types of Affordable Housing for Seniors

There are several types of affordable housing options available for seniors, each offering unique benefits:

• Subsidized Housing: These are government-funded programs that help reduce housing costs for low-income seniors. Rent is typically based on a percentage of the senior's income, making it a viable option for those with limited financial resources.
• Senior Apartments: These are age-restricted communities that often offer amenities such as social activities, transportation services, and maintenance-free living. They provide a community atmosphere while maintaining affordability.
• Co-Housing: This option involves shared living spaces where seniors can live independently yet benefit from communal resources and social interaction. It's an excellent choice for those seeking companionship and shared expenses.