The elderly population in the United States will rise by an average of 17 percent in each of the next three decades to total more than 68 million by 2030. A national poll released today by the Elderly Housing Coalition shows that Americans overwhelmingly support building low-income housing for the elderly. HUD has the money. There are Federal and State programs that help pay for housing for older people with low to moderate incomes. Some of these subsidized facilities offer assistance to residents who need help with certain tasks, such as shopping and laundry.
Residents generally live independently in an apartment within the senior housing complex.
Federally-funded housing is in great demand, therefore, there is often a waiting list for this type of housing. These apartment complexes are for low income seniors and disabled persons of all ages. This housing usually provides supportive services such as meals and transportation for low-income seniors and persons with disabilities. Section 8 Program Description Section 8 provides rental assistance to low-income families, elderly, disabled, and handicapped individuals. Through rental assistance, families are able to live in safe, decent and sanitary housing they would not otherwise be able to afford.