Texas Senior Care and Housing Directory
Texas Senior Care and Housing Directory

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Guide to Low Income Housing for Seniors and Elderly

Texas Low Income Senior Housing Programs.

Elderly adults

With baby boomers growing older and needing affordable housing for seniors, the demand is even greater than before in Texas. Since seniors are often living on a fixed income and don’t have a lot of resources available to them, they need somewhere that they can go to and relax, without having to feel stressed about not being able to meet their monthly obligations.

As developers continue to build new apartment complexes to accommodate all of the aging community, seniors will have to rely on other avenues to put a roof over their head. Thankfully, there are a few different options available in Texas that can allow seniors to find a home they can afford in a community that is going to work for them.

The following is a list of Texas low income senior housing programs:

Texas Senior Housing Tax Credit Program

The Texas senior housing tax credit program is one of the primary means of directing private capital toward the creation of affordable rental housing. Senior apartments in Texas that advertise the word 'affordable' are generally Texas tax credit apartment communities making their senior housing and apartment communities quite affordable.

Imagine waking up in your beautifully appointed apartment home and taking a leisure stroll around the impeccably landscaped grounds and natural pond. Or, enjoying a refreshing dip in a pristine swimming pool after an work-out in the fitness studio. It's now possible with monthly rentals often starting at just $650.00 / mo.

The tax credits provide investors of affordable rental housing with a benefit that is used to offset a portion of their federal tax liability in exchange for the production of affordable rental housing. The value associated with the tax credits allows residences in HTC developments to be leased to qualified families at below market rate rents.

Texas State Affordable Housing Corporation (TSAHC)

Texas State Affordable Housing Corporation (TSAHC) helps create affordable housing in Texas by providing housing developers various financing and land development programs they can use to build or rehabilitate single family and multifamily housing. These programs include tax-exempt bonds for rental housing, lines of credit for construction or rehabilitation of single family homes and land banking and land trusts services. Affordable housing can be difficult to find—but there are a few options.

Low Income Senior Housing Programs

U.S. Department of Housing and Urban Development has a program to provide rental housing for low-income families, people with disabilities, and the elderly. The department provides aid to housing agencies (or HA’s) in local communities that manage housing - which could be single-family homes, high-rise apartments, or anything in between.

You have to qualify to be eligible for HUD housing based on your annual gross income, and the housing is usually limited to the elderly, families, and those with disabilities. You also have to pass a reference check. You can apply by contacting the housing agency (HA) in your area.

Section 8 Housing Vouchers

One of the best ways for seniors to be able to afford a place of their own is through the Section 8 Housing Vouchers. This program helps low-income individuals get into a place that they might otherwise not be able to afford. Seniors will receive a voucher each month that gets applied toward their rent. They are responsible for paying the difference. The amount of money you might have to pay is going to vary from one property to the next, as well as your individual situation and the number of people in your family. A housing coordinator can help you determine your benefit amount. Section 8 Housing Choice Voucher Program

Housing Resource Clearinghouse

The clearinghouse can help you locate agencies in the area that will help with paying for repairs, rent or even buying a home. They also have assistance for paying your utilities and other bills. You browse through the list to see what agencies can help with what and contact them for assistance. When it comes to affordable housing for seniors in Texas, there are a number of different options available to help you get into a place that you can afford. Affordable Housing Resources.

The Texas Low Income Housing Information Service

The Texas Low Income Housing Information Service website provides extensive information to people looking for low-income housing in Texas. It’s a nonprofit organization dedicated to affordable housing, providing information on tenants’ rights, reports, and resources. It also provides the Texas Housing Counselor, an interactive tool that can help you find affordable housing in your area.

Section 202 Supportive Housing for the Elderly Program

Section 202 Supportive Housing for the Elderly Program is designed especially for the elderly. The housing that falls under this category usually includes services such as housekeeping help, prepared meals, transportation, or some health care—similar to an assisted living facility. Some facilities take Section 8 vouchers, allowing qualifying tenants to pay only 30% of their income in rent. Others have established rent rates that are below market prices. To qualify for Section 202 housing, you have to apply at the individual apartment building or facility. You may be asked to bring proof of income or social security, as well as other documents—the property manager should be able to tell you what to bring in advance.

Section 236 Housing - HUD Fact Sheet - How Your Rent is Determined

These are housing developments or apartment buildings run by cooperatives or corporations. The government provides subsidies to the organizations running the facilities to rent out some units to low-income tenants. The rent cannot be higher than market rents, but must be either 30% of the tenant’s adjusted income, or meet the lowest rent that would cover the property’s basic expenses—whichever is higher. You may also be able to get a utility allowance with Section 236 housing.

RRHA OF TEXAS - Rural Rental Housing Association

The Rural Rental Housing Association operates in rural areas and smaller cities and towns. Some are open to everyone with a low income, although others are reserved only for elderly tenants. They may also be referred to as Section 515 housing. These housing facilities can be run by nonprofits, local municipalities, cooperatives, or private companies.

DISCLAIMER: Links to other websites or references to products, services or publications do not imply the endorsement or approval of such websites, products, services or publications by Elder Options of Texas. The determination of the need for senior care services and the choice of a facility is an extremely important decision. Please make your own independent investigation.