Monday, March 28, 2022

THE SILVERTSUNAMI

OLDER AMERICANS ARE DRIVING

THE NEED FOR HOUSING TO AGE IN PLACE

SHAG sets aside 20 percent of the units in each of its complexes for people with disabilities, who are eligible at age 55 — younger than the typical senior.

He said even more accessible/affordable housing is needed.

“We’ve done a very good job of creating affordable housing, but what we haven’t figured out is how to keep it affordable,” SHAG’s Woolford said.


“People increasingly don’t have pensions and social security cost-of-living increases are not going up enough to match the cost of housing. 

Someone might enter one of our communities in sound financial shape, but 10 years later they are severely rent burdened. 

We have to fill up the donut hole for people who make too much to get Medicaid or other support, but too little to afford to private pay for care and housing.”

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