Section 202 Supportive Housing for the Elderly

Section 202 is a federal program that provides affordable rental housing specifically for low-income seniors age 62 and older. HUD funds nonprofit organizations to develop and operate Section 202 properties, which offer below-market rents and often include supportive services such as transportation, meals, and health programs.

Rent in Section 202 housing is typically set at 30% of the resident's adjusted income. Waiting lists are common. To find Section 202 housing near you, use HUD's apartment search tool at hud.gov.

Section 8 Housing Choice Vouchers for Seniors

Seniors can use Section 8 Housing Choice Vouchers to rent housing in the private market. Many PHAs give priority to seniors and people with disabilities. Some PHAs also have dedicated senior housing voucher programs.

With a voucher, you pay approximately 30% of your income toward rent and the voucher covers the rest up to the local payment standard. Apply through your local Public Housing Authority.

Low-Income Housing Tax Credit (LIHTC) Properties

LIHTC properties are privately owned apartment communities that offer below-market rents in exchange for federal tax credits. Many LIHTC properties are designated for seniors. Unlike Section 8, LIHTC properties do not require a voucher — you apply directly to the property.

Income limits typically range from 50–60% of area median income. Search for LIHTC senior housing in your area through your state housing finance agency.

Home Repair and Modification Programs

Many seniors want to remain in their own homes but need repairs or modifications to do so safely. Several programs help with this:

• USDA Section 504 Home Repair Program — grants and loans for very low-income rural homeowners to repair, improve, or modernize homes
• HUD Title I Home Improvement Loans — federally insured loans for home improvements
• Area Agency on Aging programs — many provide free or low-cost home repair and modification services
• State and local programs — many states have weatherization and home repair programs for seniors
• Medicaid HCBS waivers — can fund home modifications for seniors who qualify

Reverse Mortgages

A reverse mortgage allows homeowners age 62 and older to convert home equity into cash without selling the home or making monthly mortgage payments. The most common type is the FHA-insured Home Equity Conversion Mortgage (HECM).

Reverse mortgages can help seniors afford home repairs, pay for care, or supplement income. However, they are complex financial products with significant costs and risks. Consult a HUD-approved housing counselor before proceeding.

Property Tax Relief for Seniors

Most states offer property tax exemptions, deferrals, or credits for seniors on fixed incomes. These programs can significantly reduce housing costs for senior homeowners. Contact your local tax assessor's office or state department of revenue to learn about programs in your area.