The ability to afford housing in California is becoming increasingly difficult in some parts of the country. One area this is becoming more difficult is in California, where the cost of virtually everything continues to go up. In fact, according to the National Low Income Housing Coalition, an individual who is working full-time and who makes minimum wage is not able to easily afford a one-bedroom apartment at the existing fair market rent.
What this means is that seniors who may not be working, or who are living off of government assistance, may find it is virtually impossible to make ends meet.
The good news is that there are a number of organizations available in Riverside and in surrounding communities that can help seniors find affordable housing options.
There are a number of factors that have to be determined to see if a person is able to qualify for low-income housing options. The main organization in charge of establishing the requirements is HUD or the Department of Housing and Urban Development. If a senior is deemed eligible for this program, they often only have to pay (at a max) 30 percent of their total income toward their rental costs.
Some of the requirements for receiving this HUD financial aid include:
Being a certain age – over the age of 62 is standard.
Have an income that is less than half of the median income for the entire area. The area median income is $65,000, which means low income is $37,550 for a one-person household.
When it is time to find low-income senior housing, meeting the requirements is essential. This is the only way you will be able to get the benefits that you want and need. Don’t underestimate your eligibility, since there are quite a few seniors who never thought they would be eligible, but actually discovered they were once they filled out the application and got to know the other requirements.
According to statistics, approximately 16.4 percent of all people in the state of California do not have the enough resources to meet their basic needs. This is a rate that has decreased slightly from just a few years ago, but that is still higher than the all-time low of 12.4 percent.
In 2013, about 21 percent of all people in the state were actually living in poverty. 19.1 percent of the people in poverty were over the age of 65.
Overall, there are four out of every 10 residents of the state of California who are living in or close to poverty.
The current poverty rate in Riverside is 20.1, which is higher than most of the other counties in the state.
When it comes to affordable housing, one of the largest helpful agencies is the Housing Authority, which has knowledgeable staff who assist seniors when they are searching for affordable housing. There are several ways this organization can help seniors find housing. They offer information and resources to seniors as well as provide referrals and services to help the senior live a more independent life.
A number of the senior housing options for those with a low-income include:
Section 8 rentals that allow seniors (when approved) to pay only 30 percent of their total income as rent.
Vouchers for elderly only.
Availability to rental units specifically designed for the senior population.
There are other programs available as well. For example, the Inclusionary Housing organization provides quite a few rental units throughout the state. Public housing units, which are owned and operated by the Housing Authority in Riverside, are another option to consider.
Some other helpful resources for residents in Riverside are found here:
Transitional Assistance Program: this provides grants for paying off debt or to pay bills.
TANF, or Temporary Assistance for Needy Families. Here people can receive financial help when needed.
Housing and rent assistance. There are two programs offered in California that will help those who need housing assistance.
The good news is that there are more than a few resources available in Riverside to help those who need low-income housing options. No longer are all these apartment and housing options poor quality or in disarray. With the information provided, you will discover that there are a number of high-quality options out there to consider.
Find assisted living in Riverside near you.