Seniors to Benefit from $15M HUD Grant for Aging in Place
As the trend towards “aging in place” intensifies, brought about by the “lock-in” effect where homeowners prefer staying in their current homes rather than relocate and deal with potentially higher mortgage rates, a larger number of seniors are opting to live out their golden years in the comfort and familiarity of their own homes, instead of relocating to senior communities or assisted living facilities.
In response to this shift, the Department of Housing and Urban Development (HUD) has issued $15 million in funding to 13 distinct nonprofit organizations and state government bodies. This substantial allocation aims to stimulate the development of comprehensive programs which facilitate critical home modifications and necessary repairs that cater to the needs of low-income homeowners, many of whom rely on a fixed Social Security income. The objective is to enhance the comfort and safety of their living spaces, thereby enabling them to age in place with ease.
The recipient organizations of this $15 million fund are renowned for their extensive work in assisting senior citizens. The allotted funds are projected to enable home modifications for over 1,900 households spread across both rural and urban regions.
HUD Secretary Marcia L. Fudge emphasized the positive impact of such an initiative by stating, “By providing a pathway for more older adults to stay in their homes, we are helping to improve lives and ensuring the opportunity for seniors to age with dignity.”
Matthew Ammon, Director of HUD’s Office of Lead Hazard Control and Healthy Homes, further underscored the strong link between health and housing, explaining, “These grants provide a critical resource to communities to make low-cost, low barrier, high impact home modifications tailored to the needs of the residents.”
Grants for rural areas range from a high of $1,248,216 awarded to Sussex County Habitat for Humanity, Inc, in Delaware for modifying 180 housing units, to a lower sum of $702,068 assigned to the Appalachia Service Project in Tennessee for the refurbishment of 105 units.
For urban areas, the funds span from $1,250,000 for Habitat East Bay/Silicon Valley, Inc, Neighborhood Housing Services of Los Angeles in California, and Rebuilding Together Twin Cities in Minnesota to refurbish a total of 641 units, to a smaller amount of $603,693 designated for the New Orleans Habitat for Humanity to renovate 80 units.
More detailed information about the specific projects that these funds will support can be found by clicking : https://www.hud.gov/sites/dfiles/PA/documents/FY22_OAHMP_Project_Descriptions.pdf