Senior Resources » 5 Tips to Get Affordable Senior Housing

5 Tips to Get Affordable Senior Housing

5 Ways To Find Affordable Senior Housing Or Help Paying Your Mortgage

If you’re a senior or retiree, then you’re likely living on a fixed income. Sure, there’s Social Security and savings. Hopefully, you also have some retirement investments. But, what if you’re having trouble recovering from unexpected medical expenses? What if you can’t keep up with rent or pay the utilities? Don’t worry! If money’s a little tight, you have options! Here are 5 ways to find affordable senior housing or get help paying your mortgage.


1. Talk to your local Public Housing Agency (PHA).

55+ couple consulting

A Public Housing Agency (also referred to as a Housing Authority) is your local office that is responsible for approving and managing Federal Housing Choice Vouchers in your area. The Housing Choice Voucher Program allows low-income families or individuals “to choose and lease or purchase safe, decent, and affordable” homes. To find a PHA near you, visit HUD’s directory.

2. Look at the Low-Income Housing Tax Credit program.

san fran houses

The Low-Income Housing Tax Credit (LIHTC) program is offered to developers and investors who wish to build affordable housing. The LIHTC program gives local agencies the ability and authority to grant credits for the “acquisition, rehabilitation, or new construction of rental housing targeted to lower-income households.” In other words, certain companies get a tax break when building these homes, and in turn, they’re able to rent for much cheaper to those in need. Take a look at the LIHTC database to find developers in your area.


3. Use the BenefitsCheckUp tool.

typing on computer in lap

The National Council on Aging offers an amazing and easy-to-use tool called BenefitsCheckUp. The free online tool uses a series of questions to see if you qualify for any state or federal assistance. It then gives you all the information needed to connect with that assistance. BenefitsCheckUp can be used to find help with food, medical care, utilities, and more!

4. Use the Benefit Finder.

typing on a computer has its own free online tool to help you find programs and assistance. Check out the Benefit Finder to answer a few questions and get directed to the correct agency. Or, you can opt to browse the website by category to find assistance with disaster relief, healthcare, financial needs, loans, and more.

5. Consider shared housing.

senior housing choices

Are you having trouble finding affordable senior housing? Then how about getting a roommate? Shared housing is a Boomer trend that is gaining lots of popularity in recent years. What’s so great about it? Well, it’s simple, really. Split rent, utilities, and responsibilities. And, gain friendship!

Related: 5 Reasons Seniors Should Choose Shared Housing


Are you looking for affordable senior housing?

senior woman sitting on couch using a tablet

Take a look at these additional affordable senior housing resources:

Find senior resources in your state!

HUD Office of Manufactured Housing Programs Homepage

Long-Term Care Insurance Basics

The Fair Housing Act: Housing for Older Persons


Do you need help with retirement planning? Then check out Bob Carlson’s Retirement Watch!

The Ultimate Will and Estate Planning Checklist and Basics Guide

Originally published May 01, 2023

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