The population of persons age 65 and older in the United States is expected to grow both in numbers and as a percentage of the total population over the next 25 years, through 2030. The primary HUD program that provides housing for low-income elderly households is the Section
202 Supportive Housing for the Elderly program. Established in 1959, it is the only HUD program that currently provides housing exclusively for elderly residents.
We currently have 2 senior properties; Harvest Hills Retirement Center in Quincy, IL, and Marion Corners Apartments in Carthage, IL. 2 brand new properties are due to be completed by August 2012, in Ft Madison, IA and Rushville, IL. They will have 14 and 15 apartments, respectively, for seniors age 62 and over, with many amenities available.
The US Department of Housing and Urban Development (HUD) has limited admission to our residences to those who are 62 and older, who are able to comply with the lease and tenancy obligations alone or with assistance and below the established income limits.
Income includes Social Security, SSI, pensions, wages/salary, interest on assets, etc. Certain deductions, such as allowable medical expenses, are given for the elderly. Rent is based off of your monthly income. Call to find the income limits for your area.
Each of the 14 or 15 one bedroom apartments will have a total of 540 square feet, which includes a living room, bedroom, kitchen and bath. All apartments will have an individually controlled heat and air-conditioning system as well as a carpeted living room and bedroom. The complex will also have a locked entry system, on-site laundry room and a community room with kitchen.
Call: 217-223-5700 or 1-800-252-9027