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Money Matters
        24                                                                                              MONTANA SENIOR NEWS  •  FEBRUARY  |  MARCH 2023






                                   Find Affordable






                        Housing for Seniors











      BY JIM MILLER


      (SAVVY SENIOR) Finding affordable
      senior housing options can be difficult,
      depending on where a person lives. Senior
      apartments for some retirees are a good
      option,  and a number of government
      programs are available that can help out
      financially. Here are some tips on finding
      a low-income senior apartment that fits
      your budget and living preferences.
      START WITH FEDERAL PROGRAMS
          Several different government programs
      available to help qualifying individuals
      locate and pay for housing.                        You can search online for low-income housing at senior living sites, like After55.com and SeniorHousingNet.
          Housing  Choice  Voucher  Program              com. Montana has an official Housing Website with more information and resources: visit housing.mt.gov
      (Section 8): This program allows you to            for details. © Peshkov, Bigstock.com.
      find the housing you want. The govern-
      ment provides the amount allowed by your              Public Housing: These communities              to low-income families, the elderly, and
      voucher to the landlord each month.                are  generally apartment  buildings  or           individuals with disabilities.
          Privately Owned Subsidized Housing:            complexes overseen by a city or county                Low-Income Housing Tax Credit: This
      HUD helps some apartment owners offer              public housing agency. They are available         program provides housing to low income
      reduced rents to low-income tenants.















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