Do apartments offer senior discounts?
Market rate senior living apartments are offered at competitive rates, which are usually about 15 percent below regular apartment rates. These complexes typically offer senior-related amenities such as community dining, housekeeping and transportation.
How do you qualify for affordable housing in CT?
By law, a housing unit is affordable if it costs an occupant no more than one third of his or her annual income, where the income is less than or equal to the area median income (AMI) for the municipality where the housing is located, as determined by the U.S. Department of Housing and Urban Development (HUD) (CGS § 8- …
Why is senior living so cheap?
A good deal of retirees may find that senior apartments are cheaper than other living options because they do not require upkeep and they minimize living expenses.
Why are 55+ homes cheaper?
The primary reason that 55-and-over properties are cheaper is because of a smaller group of people that are looking to purchase and invest in them. Consider the ages of the overall population, those who are 55 and older comprise a more limited percentage. This plays on the economic principle of supply and demand.
How long can you get cash assistance in CT?
Jobs First Temporary Family Assistance (TFA) provides cash assistance to families. For families with an employable adult, there is a 21-month lifetime limit for the receipt of TFA. Families in which there is no employable adult have no limit to the duration of the benefits.
Can kids live in senior apartments?
In general, the only people who can live in senior apartments are seniors who are at least 55 years old. As a result, children and grandchildren cannot live in these apartments. This helps to maintain the senior community that is free of loud noise, lots of activity, and the stress of raising children.
What is a senior living apartment?
Senior apartment living, a type of independent senior living, provides seniors with an independent lifestyle while offering a moderate level of help for seniors, such as daily assistance with essential necessities and services. Unlike standard apartment complexes, senior apartments are age restricted — usually starting at 55 or 62 years of age.