Centers can serve the needs of family members who may need respite from care giving responsibilities, or who may work outside the home during the day. Senior Companions - older volunteers who provide companionship and assistance when an older person cannot be left alone for long periods of time. Older persons with and income below the federal poverty level may be eligible for the 12 percent component of this program. Participants pay 12 percent of their income for winter energy bills. Home Equity Conversion Reverse Annuity Mortgages are financial plans designed to enable older homeowners to receive cash for the equity in their homes while they continue to own and occupy them.
Money is received in monthly payments or in lump-sum loans.
The money is repaid when the home is sold. Home Maintenance and Repair Programs Programs designed to assist older persons to remain in their own homes or apartments by making repairs to the home at little or no cost to the residents. Assistance with the cost of certain pharmaceutical is also available. Program is open to homeowners and renters. Homestead Exemption Tax break for homeowners 65 years and older.