To qualify for low-cost housing, seniors must meet income limits for their particular areas, be at least 55 years old, and be U.S. citizens or have valid immigration statuses, according to SFGate. These regulations are set by the U.S. Department of Housing and Urban Development. HUD guidelines also determine the type of housing for which an applicant is eligible.Continue Reading
One of three conditions need to be met for HUD to classify a building, development or apartment complex as "senior housing," reports the SFGate. These conditions are as follows: all occupants must be 62 or older; the housing has been specifically designed as senior housing as acceptable to HUD; or at least 80 percent of the units in the residence have at least one resident who is 55 or older.
Senior housing benefits include not only preferential rates on the housing unit itself, but seniors with special needs may qualify for extended home nursing care, which can make a big difference in maintaining independence and quality of life, says SFGate. If a senior has very limited resources or income, he may qualify to live in a type of housing called a personal care home. These places accommodate seniors who need assistance beyond basic necessities, but whose condition is not severe enough for long-term hospitalization.Learn more about Finding a Home