Senior Housing Definitions

AFFORDABLE / SUBSIDIZED HOUSING – affordable apartments for low-income families, the elderly and persons with disabilities.

AGE RESTRICTIONS – Some communities have a restriction on the youngest age they are allowed to accept. These restrictions vary by community.

ALZHEIMER’S

/ DEMENTIA

ASSISTED LIVING COMMUNITY –

Licensed assisted living facility or skilled nursing facility that specialize in delivering care to victims of Alzheimer’s and dementia. Communities are typically bedroom-style rental units with common areas for dining and activities. Many are locked for residents’ safety. Specifically trained staff usually serves the special needs of this population. Amenities vary for each community.

ASSISTED LIVING COMMUNITY – Assisted Living Communities provide Homecare Services and amenities in apartment environments. Homecare Service offerings can range from Activities of Daily Living (ADL’s) such as bathing and grooming, toileting or ambulation to medication management and more. Pricing may vary from base rent plus A la Carte services to base plus Tiers/Levels of Care to All-inclusive. Amenities also vary by community and may include meal plans, laundry and housekeeping options.

COOPERATIVE HOUSING – Cooperative housing is an alternate form of ownership of homes and property in which the property is owned by an organization and then sold as shares to the residents of the community. Cooperative Housing splits costs on shared housing amenities.

DAY CARE – Any provider can elect to provide day/night services on a short or long term basis. Rates typically include a place to rest, one or two meals and snacks and activities for the day. Licensed communities are prohibited by law to promote these services without a specific license.

DEPARTMENT OF HOUSING & URBAN DEVELOPMENT (HUD)

– helps apartment owners offer reduced rents to low-income tenants.

HOUSING CHOICE VOUCHER PROGRAM –

(Sec 8) - find your own place and use the voucher to pay for all or part of the rent. Participating households are required to pay the greater of 10% of their gross annual income or 30% of their adjusted income towards rent. To qualify, a household’s annual income must not exceed the applicable income limit for the area as adjusted by family size.

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