The county has approximately 3,500 affordable housing units for seniors, with 85% privately owned. Proposed budget cuts at the U.S. Department of Housing and Urban Development would significantly impact funding for housing assistance, particularly for seniors. The FCRHA is exploring options to address low-income senior housing needs, such as supporting construction projects and providing resources to ease housing costs. As the senior population grows, current affordable units may become inadequate, with reports indicating a national trend of increasing housing cost burdens among older adults.
The county currently has about 3,500 affordable housing units for seniors, with 85% privately owned and operated, and the rest managed by the FCRHA.
President Trump's proposed budget cuts at HUD threaten housing options for seniors, including the elimination of critical funding programs and billions in rental assistance.
Tom Fleetwood shared that the FCRHA is considering approaches to increase housing options for low-income seniors, including support for new construction projects.
The Urban Institute reported that the national housing market is failing older adults, with Census Bureau data showing a rise in severely cost-burdened senior households.
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