Securing safe and affordable subsidized senior housing can feel daunting. Here are five subsidized senior housing tips to help you find the right match:
1. Plan In Advance Of Senior Housing Needs
The most important tip for seniors looking for affordable subsidized senior housing is to plan in advance of your housing needs. Current homeowners who are downsizing to senior housing need to consolidate their current possessions so moving costs are reasonable. Plans should be made up to two years in advance of relocation to safe and affordable subsidized senior housing if possible. Determine the actual size of the new housing that’s needed. Then, scale back on furnishings to compensate any losses of space.
2. Be Prepared To Research Senior Housing Information
In a down economy, it’s necessary to spend adequate amount of time researching information regarding senior housing in order to find the most financially appropriate fit. This might include government-assisted housing programs as well as local or state information databanks where available. This is a very important facet of securing safe and affordable subsidized senior housing. Research will also help avoid possible financial losses. Rather than wade through volumes of paperwork, transfer all information gathered to a spreadsheet for easier comparisons and viewing. Make certain that all information is understood before making final decisions.
3. Assess and Evaluate Location and Housing Expenses
Once information about subsidized senior housing is gathered, the next step is to assess and evaluate each location and any additional expenses. For instance, determine whether utilities are included or this is an additional expense. If it’s an additional expense, check with utility companies for senior discounts that may be available. Location is important for other reasons such as proximity to hospitals, doctors, family and shopping. Another issue is transportation. Some subsidized senior housing offers senior transportation on a regular basis while others do not. Parking facilities for family, visitors and personal vehicles is another issue that may be of concern. For some seniors, even the availability of a central shared laundry room may be important. Other significant factors of importance are safe and secure facilities. Review the location carefully before making a decision.
4. Determine Financial Resources
Fortunately, seniors today can take advantage of assistance to determine their financial resources. This should be done before researching information on housing availability. The reason is that most subsidized senior housing is based upon ability to pay rent or leasing. Thus, having a thorough and complete knowledge of personal financial resources will clear away any questions that may arise. There’s another reason to review financial resources. This is the best way to determine affordability as well as maintaining vigilance over future income and cash outlays for unexpected expenses.
5. Adjusting To Lifestyle Changes
Moving out of one’s home or relocating is always an emotional upheaval at any age. For seniors, it may be especially difficult. It needn’t be if a little bit of forethought is applied to the situation. Securing safe and affordable subsidized senior housing should be viewed as a new life phase. For some seniors, familiar surroundings can be debilitating mentally and physically. Subsidized senior housing has many advantages that are designed for safety and affordability. Some offer meals and laundry services as well as recreational activities.
With subsidized senior housing options available ranging from unfurnished one bedroom apartments to assisted living facilities and nursing homes, there are many factors to consider in making the transition to subsidized senior housing as smooth and beneficial to elderly tenants as possible.