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Seniors earning between 30% and 80% of the area median income will be eligible for apartments in the new building; that comes out to annual incomes of between $19,000 and $51,000.
The Department of Housing and Community Development Division released its latest income limit report for all of California’s 58 counties.
More Than Shelter for Seniors, Inc. was established to provide enriched living services to residents of Century-funded senior housing complexes. In 2006, this entity became completely independent as EngAGE, which continues to provide life-enhancing services to low-income seniors living in affordable apartment communities.
The federal government, through its Low-Income Housing Tax Credit program (which in 2012 paid for construction of 90% of all subsidized rental housing in the US), spends $6 billion per year to finance 50,000 low-income rental units annually, with median costs per unit for new construction (2011–2015) ranging from $126,000 in Texas to $326,000 ...
The California Medical Assistance Program (Medi-Cal) is California's Medicaid program serving low-income families, seniors, persons with disabilities, children in foster care, pregnant women, and childless adults with incomes below 138% of federal poverty level.
Medicaid can also provide financial help for qualified seniors. Low-income seniors over 62 may also qualify for subsidized housing by applying for the HUD Section 202 program. Income limits vary ...
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