Housing Selection
In the search for housing, there are many options available to
individuals and caregivers. Aging
Information Network has taken the liberty of categorizing the
most widely used types of housing available into two easy to navigate
sections. First is the “Subsidized Housing" Option and second is
the "Private Pay Housing" Option. The difference between the two
are defined below.
Subsidized Housing:
Subsidized Housing is a housing option where the full
cost of living is not fully placed on the occupant or the party in
charge of the occupant, some of the cost of living may be deferred to
the government or some other public or private entity.
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Subsidized
Housing Works:
This is housing in which tenants pay less
than the going rate for rent or for rent and services. Subsidized
housing receives financial assistance from a government or other
public entity to build or operate the development, to help pay for
some of the rent and utility costs, or for the provision of services.
Rent prices are typically set or approved by the entity that provides
the financial support. People who meet specified household-income
guidelines are eligible to live in subsidized housing.
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Senior Public
Housing:
This housing is regulated by a government agency. It is restricted
for seniors only and the rent is less than an Independent living
community. Sometimes there are specific guidelines one must follow
while renting.
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Share Living
Residence:
This is
housing for two to ten people who live together as a family.
Residency may be restricted to seniors or may be intergenerational.
This housing may be a shared single-family home or a shared
apartment. Tenants share the finances and upkeep of the residence.
Each has a private bedroom and bath. All share a common living room,
dining room, and kitchen. Shared living may or may not include
activities, supportive services, or personal care services for
tenants. Subsidized versions may be supervised by a government
housing agency.
NOTE: To be eligible for certain “Subsidized Housing Options", there may
be guideline qualifications that include but are not limited to: health,
age, income, number of occupants or dependents, & residency
restrictions.
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