Over four million people over the age of 65 live in poverty. Only 1.6 million receive rental assistance. However, nearly half of the people receiving Housing Choice Vouchers are seniors. Today’s older adults are more vulnerable financially than earlier generations, because they are less likely to own a home and have fewer children who could be relied on as a source of support. The number of elderly homeless people could double between now and 2030. Meeting the housing needs of older adults requires programs like Medicaid, services to age in place, and more affordable housing through increasing funding for the Section 202 Supportive Housing for Elderly program, the Housing Choice Voucher program, and expanding the Low Income Housing Tax Credit.
Published by Oklahoma Coalition for Affordable Housing
The vision of OCAH: That all Oklahomans have the opportunity to live in safe, healthy and affordable homes. Our Mission: To lead the movement to ensure that all residents of the state of Oklahoma flourish in safe, affordable homes and to help communities develop safe and affordable housing options for all of their residents. We reach our mission through advocacy, education and practical training to foster the production and maintenance of affordable housing throughout the state. View all posts by Oklahoma Coalition for Affordable Housing