Senior Housing Accessibility Modification Grants
Monday, October 19th, 2009
In partnership with local non-profits, Alaska Housing Finance Corporation provides funds to allow senior citizens, (those over 55 years of age) to make accessibility modifications to their homes, thereby extending their ability to live independently in the community.
- The maximum amount available is $12,000 for those who own their own homes, $8,000 for seniors who reside in rental units, and $5,000 for a small state-licensed assisted living facility with 5 or fewer beds. Modifications cannot exceed $15,000 per rental unit and $10,000 for a small state-licensed assisted living facility. The amounts do not need to be repaid. Funds must be utilized after other eligibility (Veterans, USDA, Medicaid, Medicare) requirements have been exhausted.
Qualifications:
- Fifty-five (55) years of age or older.
- Must show documented need by a medical professional, caseworker or caregiver who is familiar with the individuals needs.
- Must be able to prove ownership or provide a lease agreement from landlord.
- Household income cannot exceed 100% of area median, adjusted for household size.
- The property must be the current principal residence of the eligible senior.
Go to the website for more information
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