Then what I am endeavoring to do is to come up with a list of agencies and resources to help you, or your loved one, whether you intend to live on your own or are seeking rental assistance.
The Senior Looking To Stay In their Home
Let’s start with the senior who is looking to stay in their home. The first and most important source of financial help for senior citizens comes from a reverse mortgage. This is a product offered by a bank where you receive payments that can allow you to stay in your home.
These payments can continue indefinitely or be received over a finite period of time that you agree on with the bank…and then the mortgage is only due when you leave the property.
There are certain things to look for when you are seeking the best reverse mortgage for your particular needs, as well as reverse mortgage problems and reverse mortgage pitfalls to avoid, but done properly it can certainly provide you with financial help for senior citizens that you are seeking.
Living In An Apartment
Now, if you are in an apartment or seeking to move into an apartment, then the first place to turn would be to look at Section 8 housing.
Section 8 is provided the Department of Housing and Urban Development assists very low-income families…including the elderly…to afford a place to live by providing a payment directly to landlords on their behalf.
This payment is typically for 50%-80% of the rent that is normally charged. It would be your responsibility to pay the remaining rent.
To apply, contact your local Housing Agency by state. You can find that listing here.
Now, as far as the other help financial help available for senior citizens, I am going to go over several options that are available whether you live in your home or are seeking an apartment.
For general assistance regarding financial help for senior citizens, start by contacting your local Office of the Aging.
The name may be different in your county (ex: Area Agency on Aging, Division of Senior Services, etc…) but the purpose is the same, to assist low-income seniors in finding the resources to help them.
You can receive assistance from them on the following topics:
- Benefit counseling-where a volunteer will help you to figure out the benefits and services that are available to you.
- Case management-this is where a social worker will work with you on a one-on-one basis to assist you.
- Senior day care-provides activities for seniors in a safe and comfortable setting.
- Employment-if you are looking to re-enter the workforce your local Office of the Aging can help you with re-training options as well as job placement.
- Pharmaceutical Assistance-there are programs available for you to pay reduced fees or even to receive free pharmaceutical drugs if you qualify.
- Home Energy Assistance-these are Federal grants for home weatherization programs, where your home will be evaluated to make it more energy efficient or to help with direct payments for fuel oil. A direct application for this program is made through your local Department of Energy field office.
- Legal Assistance-while not a specific program offered by the Office of the Aging, they are in a position to know of any attorneys that are willing to volunteer their time on a pro bono basis for seniors in need.
- Transportation-SOME…though not all…Offices of the Aging are in a position to provide free transportation to doctors appointments. NOTE: This is typically a curb-to-curb service, meaning that the driver of the transportation van (a volunteer) does not assist the senior in getting in the van. You must be able to get in the van yourself.
The services vary from county-to-county and services are added or cut based upon budget levels…but you will not know what type of financial help for senior citizens is available unless you contact them and see what is available.
There is also financial help for senior citizens to help pay their telephone bill with the LifeLine and Link-Up services, as well as free cell phone service.
There are several options for financial help for seniors to help pay their food bills…
The Emergency Food Assistance Program. This is a U.S. government program that provides nutritional assistance for families…including seniors…who cannot afford to buy food. There are eligibility requirements, so you need to go to contact your local state office for an application.
The Supplemental Nutritional Assistance Program is another Federally funded program that helps 40,000,000 Americans get the food assistance they need. To apply, visit the SNAP website.
Food stamps-You can apply for food stamps through the Social Security office.
In addition to these government programs, financial help for senior citizens to pay their food bills can also come from charities such as Meals-On-Wheels as well as local houses of worship that offer such services.