Why Senior Housing?
Purpose-built communities that support independent living and active lifestyles
Affordable Rent
Income-based or below-market rents
Age-Appropriate Design
Accessibility features and safety modifications
Community Activities
Social events and programs for residents
Supportive Services
Access to health and wellness resources
Senior Housing Programs
Several programs provide affordable housing options for seniors
Section 202
HUD program specifically for very low-income seniors (62+)
- Rent based on 30% of income
- Service coordinator on-site
- Federally funded
LIHTC Senior
Tax credit properties designated for seniors (55+ or 62+)
- Below-market fixed rents
- Modern amenities
- Professionally managed
Public Housing Senior
Housing authority properties for elderly residents
- Income-based rent
- Maintenance included
- Community services
Community Features
Senior housing communities offer amenities and services designed for comfort, safety, and social engagement.
Community Rooms
Spaces for activities and socializing
Transportation
Shuttle services to shopping and medical appointments
Safety Features
Emergency call systems and secure entry
On-site Services
Service coordinators and wellness programs
Eligibility Requirements
- 1Age 62 or older (some properties allow 55+)
- 2Income at or below program limits (typically 50-60% AMI)
- 3Pass background and rental history screening
- 4Able to live independently (or with approved services)
- 5Meet citizenship or eligible immigration status requirements
Income Limits for Senior Housing (2024)
Based on 50% Area Median Income - Chicago Metropolitan Area
Household SizeMax Income (50% AMI)
1 Person$36,550
2 Persons$41,800
Income limits vary by program and location. Some properties may have higher or lower limits.