Affordable housing encompasses a range of housing types and programs designed to be financially accessible to people with lower or moderate incomes. Several affordable housing programs are specifically designed to cater to the needs of seniors, providing not only housing that is financially accessible but also environments that support their health, mobility, and social needs.
1. Section 202 Supportive Housing for the Elderly Program
This program, funded by the U.S. Department of Housing and Urban Development (HUD), is designed to help expand the supply of affordable housing with supportive services for the elderly. It provides capital advances to private, nonprofit sponsors to finance the development of housing for elderly residents.
2. Public Housing for Seniors
Many local Public Housing Agencies (PHAs) operate public housing units specifically designed for seniors. These units are part of the broader public housing program but are tailored to older adults, offering features like accessible designs and community centers where seniors can gather and participate in social activities.
3. Senior Housing Assistance Group (SHAG) Communities
While specific to the Pacific Northwest, SHAG communities are an example of nonprofit efforts to provide affordable housing specifically for seniors. These communities offer a variety of amenities and services designed to support senior independence and wellness.
4. State and Local Programs
Numerous states and localities have developed their own programs to provide affordable housing solutions for seniors. These may include rent subsidies, property tax relief programs, and state-funded housing developments that cater exclusively to the senior.
These programs are particularly suitable for seniors, and here is a list of affordable housing near your with prices starting at just $300/Month. We trust that these options will assist you in finding the perfect place.
Concha Ortiz Y Pino De Kleven
$300 - 810
4139 MESA VERDE AVE NE, Albuquerque, NM 87110
505-268-5295
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Montgomery Manor
$310 - 850
4301 MORRIS STREET, NE., Albuquerque, NM 87111
505-296-9023
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Copper Terrace (Aka Vista Grande)
$310 - 850
12801 Copper Avenue NE, Albuquerque, NM 87123
505-293-5300
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La Resolana Apartments
$340 - 840
1025 CHELWOOD PARK BLVD NE, Albuquerque, NM 87112
505-275-3967
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New Life Homes 2
$340 - 880
330 Airport Dr SW, Albuquerque, NM 87121
505-433-5111
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New Life Homes 6
$360 - 900
9901 Benavides Rd SW, Albuquerque, NM 87121
505-433-5111
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Gene Gilbert Manor
$370 - 890
1001 Valencia S.E., Albuquerque, NM 87108
505-266-3116
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Villa Esperanza
$370 - 930
3901 LAFAYETTE DR NE, Albuquerque, NM 87107
505-881-7991
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Saint Anthony's Plaza Apartments
$380 - 880
1750 INDIAN SCHOOL ROAD, NW., Albuquerque, NM 87104