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HUD Pledges $15 Million to Assist the Elderly

U.S. Department of Housing & Urban Development (HUD) Secretary Marcia L. Fudge has announced that HUD will earmark $15 million to help older Americans age in place through home modifications. The funding opportunity, made available through HUD’s Older Adult Home Modification Program (OAHMP), will assist experienced nonprofit organizations, state and local governments, and public housing authorities in undertaking comprehensive programs that make safety and functional home modification repairs and renovations to meet the needs of low-income elderly homeowners.

“By 2040, it is estimated that 20% of the population will be over 65-years-old,” said Secretary Fudge. “We must allow our nation’s seniors to age-in-place with dignity. This funding will give seniors the flexibility to make changes to their existing homes—changes that will keep them safe and allow them to gracefully adjust to their changing lifestyle. This program is crucial to our work to increase and maintain our nation’s housing supply, and it aligns with the Biden-Harris Administration’s efforts to treat every person in this country with dignity and respect.”

The goal of OAHMP is to enable low-income elderly persons to remain in their homes through low-cost, low barrier, high impact home modifications to reduce older adults’ risk of falling, improve general safety, increase accessibility, and to improve their functional abilities in their home. This will enable older adults to remain in their homes, that is, to “age in place,” rather than move to nursing homes or other assisted care facilities.

“Everyone deserves to live happy, fulfilled lives in their own homes, including older adults and people living with disabilities,” said U.S. Senator Tina Smith. “For far too long, we have underinvested in the simple help and support that people need so they can stay in their own homes. That’s why I’m thrilled to announce $15 million in funding under the Older Adult Home Modification Program. This funding will help thousands of seniors and people living with disabilities nationwide to safely stay in their homes connected to the neighborhoods they know and love for longer.”

The funding opportunity establishes a program model that incorporates two core concepts: first, as people age, their needs change, and they may need adaptations to their physical environment to live safely at home; second, for any intervention to have the highest impact, the individual’s personal goals and needs must be a driver in determining the actual intervention. Examples of these home modifications include installation of grab bars, railings, and lever-handled doorknobs and faucets, as well as the installation of adaptive equipment, such as temporary ramp, tub/shower transfer bench, handheld shower head, raised toilet seat, risers for chairs and sofas, and non-slip strips for tub/shower or stairs.

About Author: Eric C. Peck

Eric C. Peck has 20-plus years’ experience covering the mortgage industry, he most recently served as Editor-in-Chief for The Mortgage Press and National Mortgage Professional Magazine. Peck graduated from the New York Institute of Technology where he received his B.A. in Communication Arts/Media. After graduating, he began his professional career with Videography Magazine before landing in the mortgage space. Peck has edited three published books and has served as Copy Editor for Entrepreneur.com.

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