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: 
  1. 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.
  2. LOW INCOME HOUSING TAX CREDIT (LIHTC) Restricted Rent 
  3. 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.

  4. 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.

     

  5. SECTION 8 Rental Subsidy 
  6. 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.

  7. 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: 

  1. Market (non-subsidized) 
  2. 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.

  3. 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.

  4. LOW INCOME HOUSING TAXT CREDIT (LIHTC) Restricted Rent
  5. 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.