How to Find Low-Income Senior Living Homes in Indianapolis - PowerPoint PPT Presentation

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How to Find Low-Income Senior Living Homes in Indianapolis

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Are you looking for low income senior living homes and apartments in Indianapolis? We have listed some steps to use to help ease your search. – PowerPoint PPT presentation

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Title: How to Find Low-Income Senior Living Homes in Indianapolis


1
How to Find Low-Income Senior Living Homes in
Indianapolis
  • www.stonecrestseniorliving.com

2
Summary
  • Are you looking for low income senior living
    homes and apartments in Indianapolis? We have
    listed some steps to use to help ease your
    search.
  • Do you live on a fixed income or limited
    budget? Do you find social security and other
    subsides insufficient to pay off your daily
    expenses?

3
Steps to Find Safe, Affordable Senior Housing
Near Indianapolis
  • There are many elderly adults in Indianapolis
    who want to move to affordable senior housing due
    to the same financial problems. If you are one of
    them, you might like to move to low-income senior
    living houses in Indianapolis.

4
Where Do You Want to Live?
  • First of all, decide where you want to live.
    Choosing a geographic area is essential and keep
    in mind that housing options in upscale areas are
    likely to be more expensive. You can speak to a
    housing counselor. Keep these questions in mind
    when looking
  • Is the area close to my community?
  • What type of neighborhoods is the facility
    around?
  • Is it near to public transportation or health
    services?
  • Does the facility meet your specific needs?

5
Can HUD Help You?
  • HUD, a federal agency for housing and urban
    development, operates housing choice voucher
    program.
  • Formerly known as Section 8 housing, the
    program offers rental subsidies to elderly,
    disabled and low-income families. You can use the
    rental vouchers from HUD to pay for your assisted
    living facility.
  • Make sure to contact your assisted living
    facility to see if they accept the Housing
    Voucher program.
  • There are two types of Housing Choice
    vouchers, tenant based and project based. Tenant
    based vouchers (TBVs) move with the renter.
    Project based vouchers (PBVs) are assigned to
    particular units and buildings and are not
    transferable.

6
Eligibility Criteria for HUD
  • There is no age requirement to be eligible for
    this program. It is meant for those having low
    income (30 - 50 of the areas median) based on
    total gross income. In some cases, those with 80
    of area median are also eligible.
  • Pensions, retirement accounts, IRAs and other
    income sources are evaluated while assessing
    eligibility.
  • How to Apply?
  • In Indianapolis, you can contact your local
    housing agency to apply for HUD housing voucher
    program. Click here to apply!
  • Waiting lists can be long so apply as soon as
    possible.

7
Type of Low Income Senior Housing
  • Whether you are eligible for HUD or have been
    put on the waiting list, you should continue to
    explore affordable housing options. We have
    listed the different types of housing options
    available.

8
Retirement Communities
  • Features
  • Housing Units Consisting Single Family Homes,
    Duplex and Condos
  • Monthly Fee or Can be Purchased

9
Senior Apartments
  • Features
  • Age Restricted
  • Services are charged

10
Subsidized Senior Housing
  • Features
  • Accept Low Income Seniors
  • HUD Subsidized Units
  • Admission Takes Time Due to Long Waiting List

11
Thank You for Giving us Your Valuable Time
  • Stonecrest Senior Living
  • 4825 NW 41st Street, Suite 500
  • Riverside, MO 64150
  • 816.888.7380
  • www.stonecrestseniorliving.com
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