Archive for July, 2012

AARP Launches New Program to Help Keep Seniors at Home

July 26th, 2012 | by Elizabeth Ecker Published in News, Reverse Mortgage | 2 Comments

AARP today announced its first housing grant program to aid Americans who are ages 50-plus by providing better housing options.

The initiative is geared specifically toward organizations that create better access to housing for the struggling 50-plus population, AARP says, by ensuring they are able to maintain their current homes as safe places to live and age.

Organizations applying for the $1 million in grants should be working in an effort to create new models of home modification to serve the older population that is suffering from inadequate housing, according to the request for proposal.

“As Americans age, the need for safe and affordable housing options becomes even more critical,” said AARP Foundation President Jo Ann Jenkins. “High housing costs, aging homes, and costly repairs can greatly impact those with limited incomes. Our housing grants program will support organizations that work to alleviate the affects of the housing crisis for people 50 and older.”