The Foley Senior Residences accommodates all income levels and accepts
vouchers for all its apartment homes:
ASSISTED LIVING RESIDENTS may qualify in five different income categories:
- Market (non-subsidized)
For individuals with incomes over $36,060 and couples with incomes over
$41,160, monthly rent and services is $3,150 (1,075 rent plus 2,075 nursing services) for a studio apartment
and $3,350 (1,290 rent plus 2,060 nursing services) for a one-bedroom apartment. Additional person in unit
pays $540 if independent, $855 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 $36,360* per year.
- A couple’s income from all sources, including income from assets, cannot exceed $41,160*.
Monthly rent for a studio apartment is $902 and $965 for a one-bedroom apartment. The service fee option is $1,290 for an individual. For couples that are both receiving assisted living services, there will be 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 $13,332 (effective 1/1/08)
- 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 $1,108 or $1,128/mo and will retain $125 per month from their SSI-G benefits for personal expenses. They pay $902 (studio); $965 (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 $30,050* per year.
- A couple’s income from all sources, including income from assets, cannot exceed $34,300*.
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 in assisted living for an applicant whose annual income does not exceed $22,428 (or $1,869 per month).
INDEPENDENT LIVING RESIDENTS
may qualify in three different income categories:
- Market (non-subsidized)
For individuals with incomes over $36,060 and couples with incomes over $41,160, monthly rent is $1,075 for a studio apartment and $1,290 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 $30,050 per year*.
- A couple’s income from all sources, including income from assets, cannot exceed $34,300*.
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 TAXT CREDIT (LIHTC) Restricted Rent
To be eligible for LIHTC restricted rent:
- An individual’s income from all sources, including income from assets, cannot exceed $36,340* per year.
- A couple’s income from all sources, including income from assets, cannot exceed $41,060*.
Monthly rent will be $902 for a studio apartment and $965 for a one-bedroom apartment.
Limits effective 2/13/08; Limits change annually.
|