Seniors must be over age 65 years. Residents in most subsidized housing are not eligible. Homesharing for Seniors provides affordable housing for tenants and helps seniors stay in their home longer. Tenants and homeowners are interviewed and screened to determine a suitable match. Tenants either pay rent or provide services in exchange for rent.
Membership is based on the household's ability to obtain mortgages for their units.
Varies, depending on the size of the unit to be purchased. The CLT makes land it has acquired or received available to income qualified households through lifetime or long-term ground leases. If the leaseholder sells the property, the CLT retains the first option to buy the improvement at the resale formula specified in the ground lease.