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Independent senior living communities (also known as retirement communities, senior living communities or independent retirement communities) are housing designed for seniors 55 and older. Independent senior living communities commonly provide apartments, but some also offer cottages, condominiums, and single-family homes.
According to the Bureau of Labor Statistics (BLS), people 65 and older pay an average of $18,872 for housing compared to $22,624 for the population as a whole. Between the ages of 35 and 54, it ...
Independent senior living communities, also known as independent living communities, which offer no personal care services; [5] leisure or lifestyle oriented communities or LORCs, which include various amenities; [4] mobile homes or RV's for active adults; [5] subsidized housing for lower income older adults. [6] [better source needed]
The federal government, through its Low-Income Housing Tax Credit program (which in 2012 paid for construction of 90% of all subsidized rental housing in the US), spends $6 billion per year to finance 50,000 low-income rental units annually, with median costs per unit for new construction (2011–2015) ranging from $126,000 in Texas to $326,000 ...
The housing project, at 711 S. 38th St., will have affordable studio and one-bedroom apartments for seniors aged 55 and older. ... owns and operates housing for low-income, homeless and formerly ...
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