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How to Find Low-Income Senior Living Homes in Indianapolis

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.

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How to Find Low-Income Senior Living Homes in Indianapolis

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  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 area’s median) based on total gross income. In some cases, those with 80% of area median are also eligible. Pensions, retirement accounts, IRA’s 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 StonecrestSenior Living 4825 NW 41st Street, Suite 500 Riverside, MO 64150 816.888.7380 www.stonecrestseniorliving.com

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