The Foley Senior Residences accommodates all income levels. Assisted Living Residents may qualify in
five different income categories:
- Market (non-subsidized)
For individuals with incomes over $35,340 and couples with
incomes over $40,380, monthly rent and services is $3,095 (1,050 rent plus 2,045 nursing services)
for a studio apartment and $3,305 (1,260 rent plus 2,045 nursing services) for a one-bedroom
apartment. Additional person in unit pays $525 if independent, $840 if assisted..
- Low Income
Housing Tax Credit (LIHTC) Restricted Rent
To be eligible for LIHTC restricted rent:
- An individual’s income from all sources, including income from assets, cannot exceed
$35,340* per year.
- A couple’s income from all sources, including income from assets, cannot exceed
$40,380*.
Monthly rent for a studio apartment is $883, and $946 for a one-bedroom apartment. The service fee option is $1,260 for an individual. For couples who are both receiving assisted living services, there is a discount on the service fee.
- Group Adult
Foster Care (GAFC) and SSI (category G)
(GAFC) and SSI (category G) To be eligible for group adult foster care and SSI-G, an applicant must:
- Have an gross annual income below
$12,924 (effective 1/1/06)
- Have a medical condition or physical limitation that requires assistance with at least one activity of daily living, such as assistance with bathing or dressing;
- Have a physician's authorization confirming the above condition; and
- Have approval from the aging service access point (home care agency).
Eligible individuals incomes will increase to $1,057 or $1,077/mo and will retain $125 per month from their SSI-G benefits for personal expenses. They pay $883 (studio); $946 (1BR) for their rent, any remainder pays for optional food services. Assisted Living services will be paid directly through
MassHealth.
- Section 8 Rental Subsidy
To be eligible for Section 8 rental subsidy:
- An individual’s income from all sources, including income from assets, cannot exceed
$29,450* per year.
- A couple’s income from all sources, including income from assets, cannot exceed
$33,650*.
All section 8 rental subsidy comes from the Boston Housing Authority; applicants to The Foley must apply and be eligible for the BHA priority 1 list for leased
housing (a voucher).
Monthly fees will be 30% of the individual’s income plus the service fee,
which ranges from $655 to $760 per individual per month. For couples that are both receiving assisted
living services, there will be a discount on the service fee.
- In addition, please inquire about the
Senior Care Options (SCO) Program, another
choice for an applicant whose annual income does not exceed $21,000.
Income limits effective 3/8/06. Limits change annually.
Independent Living Residents
may qualify in three different income categories:
- Market (non-subsidized)
For individuals with incomes over
$35,340 and couples with incomes over $40,380, monthly rent is $1,050 for a studio apartment and $1,260 for a one-bedroom apartment.
- Section 8 Rental Subsidy
To be eligible for Section 8 rental subsidy:
- An individual’s income from all sources, including income from assets, cannot exceed
$29,450 per year*.
- A couple’s income from all sources, including income from assets, cannot exceed
$33,650*.
All section 8 rental subsidy comes from the Boston Housing Authority; applicants to The Foley must apply and be eligible for the BHA priority 1 list for leased
housing (a voucher).
Monthly rent will be 30% of the individual’s income.
- Low Income
Housing Tax Credit (LIHTC) Restricted Rent
To be eligible for LIHTC restricted rent:
- An individual’s income from all sources, including income from assets, cannot exceed
$35,340* per year.
- A couple’s income from all sources, including income from assets, cannot exceed
$40,380*.
Monthly rent will be $883 for a studio apartment and $946 for a one-bedroom apartment.
Limits effective 3/8/06; limits change annually.
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