Eligibility Requirements for the Elderly

  • One member of the household must be 60 years or over.
  • Financial qualifications - reviewed annually.
    • Net income for admission (reviewed annually):
      • For one person: $44,750.
      • For two people: $51,150.
      • (Net income is gross income (from Social Security, pensions, interest on savings, money markets, etc.) less deductions, $300 deduction (2nd person in apartment), plus cost of medical insurance premiums, and medical costs incurred out of pocket, after deducting 3% of gross income).
    • Asset limits: There are no asset limits. However, income from assets will be used to determine rent to be paid.