Affordable Housing For Seniors

Real-World Examples and Statistics

Affordable housing initiatives have shown promising results. For instance, a study by the National Low Income Housing Coalition found that only 37 affordable and available rental homes exist for every 100 extremely low-income renter households³. This statistic underscores the importance of pursuing affordable housing options.

In cities like New York, the Senior Citizen Rent Increase Exemption (SCRIE) program helps eligible seniors freeze their rent, ensuring housing remains affordable despite rising costs⁴.