The Department of Housing and Urban Development, known as HUD, oversees programs designed to assist low-income families, retirees and persons with disabilities. HUD’s primary focus is to provide safe and decent housing for individuals struggling to meet the basic income requirements for affordable housing. However, there is an abundance of misinformation on the internet that hinders a person’s ability to find real senior housing programs sponsored by HUD. Below are a list of programs offered by HUD that secures safe and affordable housing for retirees:
Housing Choice Voucher Program
The program does not have an age requirement, and individuals who meet extremely low to low-income requirements can qualify for assistance. Applicants who earn 30 percent of their area’s median income qualify as extremely low income, and applicants who earn 50 percent of their area’s median income qualify as low income. Housing options include single-family homes, apartments, condos and townhouses.
Multifamily Subsidized Housing Programs
Nonprofit organizations receive loans and funding from HUD that is used to finance the construction of affordable single-family housing for senior citizens. The program also offers rent subsidies for one-bedroom apartments with special features, including nonskid flooring, ramps and grab bars. The apartments also include kitchens and baths with some extra amenities based on the property’s location.
Other programs sponsored by HUD include the Supportive Housing for Persons with Disabilities Program, the Multifamily Rental Housing for Moderate-Income Families and the Congregate Housing Services Program. Other private programs not sponsored by HUD do exist that provide affordable senior housing programs.