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Mom has applied for low income senior housing in a brand new place. The lowest income limits is up to $19K a year for renting 30% below market value for a 1 person 1 bedroom apt. The next level up is "up to $39,000 income limit" for 60% of market value. Mom is 93 and was told she had a 'good chance" by the office of Peabody properties that she could get the lowest income: her income is $1,000 but she has 75k in the bank. Now the staff told her she didn't get in the lowest level: it was filled already and she is too poor for the next level.
Any help or comments? She is very upset! She wanted to do all this herself without any help from me, her daughter.

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With 75K in the bank, she could get into Assisted living under private pay for a good 3 years, then apply for VA Aid & Attendance or Medicaid Waiver. Pick a facility that does private pay and will convert to Medicaid when the time comes. Most of them are quite nice.
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Low income qualification involves not only income levels, but certain types of assets. 75K in a bank account will definately affect your mother's ability to qualify for a low income housing voucher or section 8 program. The state I live in only allows a person to have a maximum of 10K in the bank to qualify. Use the money in the bank to offset her rent in senior housing until she meets the criteria to qualify in the state she lives in.
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Use some of the money in the bank to pay her rent. Usually when something is for low income folks there is also a limit on assets. Spend the money on something nice for cryin' out loud.
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