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  2. 21 affordable apartments for seniors offered at Rochester's ...

    www.aol.com/21-affordable-apartments-seniors...

    What's the rent on a Gafney Home apartment? A ribbon cutting was held Monday, Sept. 23, 2024 at the Gafney House in Rochester, soon to offer affordable apartments for persons 62 and older.

  3. Independent senior living - Wikipedia

    en.wikipedia.org/wiki/Independent_senior_living

    Typical residents. A typical independent senior living community resident is a person 55 and older who is mentally and physically capable of living alone without skilled nursing or assistance with day-to-day activities. Some residents may need assistance with a few activities of daily living and can obtain third-party home health care services.

  4. Housing for Older Persons Act - Wikipedia

    en.wikipedia.org/wiki/Housing_for_Older_Persons_Act

    The short title is the "Housing for Older Persons Act of 1995." [4] Section 2, defining "housing for older persons", amends Section 807 (b) (2) (C) of the Fair Housing Act, [5] as that being. intended and operated for occupancy by persons 55 years of age or older, and--. (i) at least 80 percent of the occupied units are occupied by at least one ...

  5. Mortgages for seniors: Getting a home loan in retirement - AOL

    www.aol.com/finance/mortgages-seniors-getting...

    DTI = Monthly debt payments (including mortgage or rent) / monthly gross income x 100. Some lenders allow a DTI ratio as high as 50 percent, but most prefer to see you spend less than 45 percent ...

  6. 'Nobody wants to move': Seniors living on fixed incomes say ...

    www.aol.com/finance/nobody-wants-move-seniors...

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  7. Senior living - Wikipedia

    en.wikipedia.org/wiki/Senior_living

    A retirement home is a multi-residence housing facility intended for the elderly. The concept is sometimes called an old people's home, [9] old folks' home, or old age home, although old people's home can also refer to a nursing home. [10] Typically, each person or couple in the home has an apartment-style room or suite of rooms. Additional ...

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