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Affordable housing for seniors. [View all]
I had no idea what a shortage there was - at least here in CT - until a friend asked me to get some info for her. She can't afford the mortgage and upkeep on her house in FL much longer and is exploring her options. Of course, she can't sell the house that she bought 5 or so years ago (Daytona area) for what she owes on the mortgage so won't have a down payment to purchase a replacement.
She asked several friends/relatives to look into what is available in our respective towns for low income seniors. Everything here is wait listed and they are not taking applications. The info I got from the Senior Center website indicates that it could take 3 to 5 years for an apartment to become available once you are on the list.
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