3. Citizenship and Residency Status

Most federally funded senior housing programs require applicants to be:

• U.S. citizens or legal permanent residents
• Able to provide valid documentation, such as a Social Security number or Green Card

Some state or local programs may have different rules regarding non-citizens, so it’s important to check specific guidelines.

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4. Asset Limits

While income is a primary factor, some programs also consider assets such as:

• Bank account balances
• Investment holdings (stocks, bonds, etc.)
• Real estate ownership (if applicable)

Having significant assets may affect eligibility for need-based subsidies. However, different programs have different ways of assessing assets.

 

https://flattory.com/articles/what-are-the-eligibility-requirements-for-senior-rental-subsidies/