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I sure hope this doesn't get cut, although the $Numbers seem a bit confused, it's a pittance when you consider that 13% of our population is elderly.  What % are living in poverty.  The cost of housing spiraled out of control in the last decade.  Can we, as a country, keep the elderly out of homeless shelters?  I sure hope so.

Homelessness Among Elderly Persons

The current maximum monthly SSI benefits ($715.00 for an individual) remains well below the poverty line. Furthermore, the waiting list for affordable senior housing is often three to five years.

The number of elderly adults who have become homeless has increased around the county. An example of this increase has occurred in Massachusetts, where from 1999 to 2002, the number of people over 55 using shelters increased by 60% (HEARTH, 2007).

Both the poverty rate and the number in poverty remained statistically unchanged for people 65 and older, at 9.7 percent and 3.7 million in 2008 [1].

OBAMA ADMINISTRATION ANNOUNCES $749 MILLION TO FUND HOUSING FOR VERY LOW-INCOME SENIORS AND PERSONS WITH DISABILITIES
The grant funding awarded under HUD’s Sections 202 and 811 Supportive Housing programs will kick start construction or major rehabilitation on more than 189 housing developments in 42 different states and Puerto Rico.  When complete, more than 4,800 elderly households and persons with disabilities will be affordably housed with access to needed services.
I think that works out to about $156,000 per unit.

QUESTION:  In my area, a one bedroom apartment is renting for approximately $1,000 a month.  Will the owners (mostly large corporation chains) receive $1,000 a month, mostly paid by HUD?  Or will HUD set some guidelines that look at profit margins for housing units?

Also, median income is more like $26,500 than $40,500.  The $13,500 income must be averaged.  

Residents must be “very low income” with household incomes less than 50 percent of their median for that area.  However, most households that receive Section 811 or Section 202 assistance earn less than 30 percent of the median for their area.  Generally, this means that a one-person household will have an annual income of about $13,500.
2009 chart, most recent available

Taxes Median Income

Not all states will receive funding.  And it appears that non-profit organizations will oversee the buildings:

HUD provides these funds to non-profit organizations in two forms:

Capital Advances.  This is funding that covers the cost of developing, acquiring, or rehabilitating the development.  Repayment is not required as long as the housing remains available for occupancy by very low-income elderly persons for at least 40 years for (under Section 202) or very low-income persons with disabilities (under Section 811).

Project Rental Assistance Contracts.  This is funding that goes to each development to cover the difference between the residents’ contributions toward rent and the cost of operating the project.

I sure hope more is set aside in the future.

U.S. Elderly to Double in 25 Years

We can thank Chuck Schumer

2010 - Schumer Restores Elderly Housing Money

In fiscal year 2010, Congress appropriated $825 million for Section 202 programmatic funding, however, the Administration’s budget for 2011 slashed funding to $273.7 million. Today’s action by the Appropriations Subcommittee restores full funding of the program to $825 million.
I can think of no more condemning statement for a society than aged homeless people.

What are some of the consequences of being a homeless elderly person?

difficulty getting around
more likely to sleep on the street (distrust shelters)
more prone to victimization and more likely to be ignored by law enforcement
worsening of physical health
death
I don't hear this topic being discussed too much.

Will the program be slashed again this year?

No surprise, the neoliberal economists are against rent control.

Writing in 1946, economists Milton Friedman and George J. Stigler said: "Rent ceilings, therefore, cause haphazard and arbitrary allocation of space, inefficient use of space, retardation of new construction and indefinite continuance of rent ceilings, or subsidization of new construction and a future depression in residential building."[38][unreliable source?] Although those paying lower than market rent are "protected," most economists argue that newer residents actually pay higher rent due to reduced supply.

In a 1992 stratified, random survey of 464 economists and economics graduate students in the US, 76.3% generally agreed that "[a] ceiling on rents reduces* the quantity and quality of housing available."[39]

*Well DUH!  People don't move.  Most of the units are housing the elderly.  They only move to the grave or nursing homes.
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Comment Preferences

  •  Tip Jar (8+ / 0-)

    It's difficult to be happy knowing so many suffer. We must unite.

    by War on Error on Fri Jan 04, 2013 at 09:51:17 AM PST

  •  A great start but woefully inadequate (4+ / 0-)
    Recommended by:
    War on Error, lcrp, ladybug53, Mr Robert

    Fewer than 5000 households? There are probably 100 or 1000 times more than that who need such aid. Not blaming Obama or Dems, but Repubs. This would represent the sort of stimulus that helps people directly and the economy long-term. Damn right we need more redistribution.

    Or, rather, re-redistribution, since it's been redistributed upward for 30 years.

    "Liberty without virtue would be no blessing to us" - Benjamin Rush, 1777

    by kovie on Fri Jan 04, 2013 at 09:59:11 AM PST

  •  Then there is (1+ / 0-)
    Recommended by:
    War on Error

    assisted care. My 92 year old grandmother lives on her own but after her stroke I had to place her in assisted care for a little over a month. The cost was $8,500.00 for a fairly decent place.

    The ones that resembled hell pits where you knew without doubt that the elderly were being misreated were running $4000.00 to $5000.00.

    My grandmother would have burned through her life savings in no time flat. The only way for her to get any help at all would have been to sell her house. Given that she was predicted to make almost a full recovery that would have been devastating given how hard my grandparents worked for that little place in their home town.

    Most of the care facilities that accept medicare seem to be the hell pits and not the ones that are at least clean and serve food that is recognizable as such.

    It is the heart that makes a man rich. He is rich according to what he is not what he has -Henry Ward Beecher

    by PSWaterspirit on Fri Jan 04, 2013 at 03:01:52 PM PST

    •  So very true. (0+ / 0-)

      For-profit care facilities for the elderly are doing a lousy job in my area.  The low-scale facilities are disgusting.  So much for all that Christian Mormony thing.  Profits rule.

      My friend works at two of the better places and they are grossly understaffed.  NO RN on site.  CNAs are giving out the meds.  A disaster in the making.  I made him promise he would NEVER distribute meds.

      The system is set up to strip homes from seniors instead of being to leave a litle nest egg for their kids.

      Check out clawback.  If I give my grandkid money for college and get some horrible long-term illness, Medicare/Medicaid can go after them after I die for payback if I run out of cash to pay my way before I die and require Medicaid.

      F@#k this!  I'd rather just die.  I've told my kids this.  I refuse to spend my life's savings trying to maintain this old carcass.  I'd rather it went to youth.

      We need a new bracelet that says

      "Let me die, if you take me to the hospital I will sue your sorry ass"

      Angry doesn't come close to what I feel about how the elderly are treated in this country.

      It's difficult to be happy knowing so many suffer. We must unite.

      by War on Error on Fri Jan 04, 2013 at 04:51:08 PM PST

      [ Parent ]

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