Why HUD Subsidized Housing is a Good Option for Seniors in the St Paul Area

Over 15 million Americans aged 65 or older are financially insecure. This means that about 1 in 3 senior citizens is at risk of being unable to afford basic needs.

Housing and healthcare costs are rising sharply. Unfortunately, this makes it difficult for seniors across America, including in St. Paul, to maintain their quality of life. Thankfully, the government provides a few assistance programs. The most well-known ones are Social Security and Medicare.

Support also exists for housing for low-income seniors. Below, we go over what HUD subsidized housing is and why it’s a good choice for seniors.

What is HUD Subsidized Housing?

The U.S. Department of Housing and Urban Development (HUD) supports seniors with housing subsidies. This aid for low-income seniors is issued in line with the Housing for Older Persons Act.

Approved individuals pay about 30% of their adjusted income towards rent. HUD subsidizes the remainder of the rent each month.

Who Qualifies for Subsidized Housing?

Not all senior citizens qualify for HUD subsidized housing. To be eligible, you need to meet three main criteria. First, you or your spouse must be at least 62. Applications are open to single people and couples.

Second, your annual income needs to be less than the limits set by HUD. The income limit is defined based on the median income for each metropolitan area.

Lastly, you need to show that you can maintain the lease requirements. You will be asked to provide references to confirm that you are a good tenant.

If you believe you qualify, reach out to your local HUD representative in the St. Paul area. Note that funding is limited, and not all eligible applicants receive a subsidy.

What Are the Benefits for Qualified Seniors?

There are many benefits of subsidized housing for seniors. Most important is the ability to afford safe housing.

This option is perfect for low-income seniors that do not need complete care, but help is not far away in case of medical emergencies.

The program helps seniors retain some independence while still receiving support. Assistance can include services such as cooking and transportation. Sholom’s senior housing also includes cleaning services.

HUD senior housing can also include various amenities, such as laundry facilities and a community room. Being part of a community is vital in preventing loneliness in seniors. Some housing also allows pets, who provide valuable companionship.

An Ideal Solution for Healthy Seniors Near St. Paul

As more seniors struggle financially, support programs are becoming essential. HUD subsidized housing helps seniors maintain a good quality of life in the St. Paul area. Otherwise, seniors have fewer funds for healthcare and nutrition without subsidized housing.

HUD subsidized housing is not suitable for all seniors, but subsidized housing is ideal for a fulfilling life for seniors that do not require full care.

Individuals can retain some independence while being part of a community. This type of housing can also prevent the heartbreak of giving up a beloved pet when moving to senior housing.

Contact us today for more information on Sholom’s HUD subsidized housing near the Twin Cities. We can assist you or your loved ones in living life fully.

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