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Think you know AARP? What you don't know about us may surprise you. Discover all the 'Real Possibilities'

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AARP Real Possibilities

 

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Prime Time Postscript Radio

Low-Income Housing for Seniors

What options exist for those who cannot afford a home in retirement?

Many seniors spend at least half their budget on housing. Church-backed support and Section 8 vouchers are two options, but as America ages, even more low-income properties will be needed for retirement.

See also: Understanding Section 8 paperwork.

Friendship Terrace in Washington, D.C., is a nonprofit, low-income retirement community "dedicated to providing personalized, affordable services and housing options for older adults at all income levels and of all faiths." Prime Time Radio host Alyne Ellis talks with Friendship Terrace's director of marketing and admissions, Chuck Thornton, about who qualifies for low-income and Section 8 housing in retirement.

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