What government services provide money for senior housing?

Several government programs offer financial assistance for senior housing in various countries, focusing on the United States for a broad overview: Medicaid: Medicaid is a state and federally funded program that can cover the costs of nursing home care for those who meet eligibility criteria, including income and asset limits. Some states also offer Medicaid waivers that help pay for home and community-based services to prevent or delay nursing home placement. Medicare: Medicare, primarily a health insurance program for people aged 65 and over, does not cover long-term housing costs. However, it can cover short-term stays in a skilled nursing facility under specific conditions following a hospital stay. Section 202 Supportive Housing for the Elderly Program: This program provides housing for low-income seniors. It offers rental assistance and access to supportive services, such as cleaning, cooking, and transportation. Low-Income Housing Tax Credit (LIHTC) Properties: While not a direct subsidy, LIHTC encourages developers to create affordable housing. Seniors with low incomes can find reduced-rent apartments through this program. State and Local Programs: Many states, counties, and cities offer their own programs to assist seniors with housing costs. These can include property tax relief programs, rental assistance programs, and programs that offer affordable senior housing options. Veterans Affairs (VA): The VA offers several programs for veterans, including the Aid and Attendance benefit, which provides monthly payments to veterans who require the aid of another person, or are housebound, to help cover the cost of care in homes, nursing homes, and assisted living facilities. Social Security: While Social Security primarily provides retirement income, for many seniors, these benefits are a crucial part of their budget, including housing costs.

How do you pick the homes you recommend?

Before recommending homes, we conduct a thorough evaluation on crucial factors that define a senior home such as the quality of care they provide, the reputation of the organization, and a comprehensive review of community testimonials as well. Every detail is assessed to assure that seniors are offered not just senior care options, but trustworthy homes where they can experience the care that they deserve.

Do you help families that need Medicaid?

Yes. Assisting families who need Medicaid is important to us as it plays a crucial role in offering financial support to seniors confronting economic challenges. We would like to keep essential healthcare services accessible to all community members, irrespective of one’s financial circumstances.

How much does this service cost?

We extend our services at no cost, ensuring that families and seniors can benefit from tailored assistance in their search for care and home options. Our ability to offer personalized guidance without charge to families and seniors is made possible through the support and funding from the communities with which we team up.

What services do you offer?

Finding and ranking the best assisted living facilities Finding and ranking the best nursing homes Finding and ranking the best memory care facilities Our concierge service helps seniors move into the perfect home for them Helping seniors use medicare, medicaid, and other government programs to pay for their homes Helping seniors avoid senior homes that have bad service or fraud Helping seniors avoid senior homes that have bad service or fraud Autobiography & Family History Writing + Research Senior-focused concierge medicine Senior-focused nutritionist Senior-focused personal training Memory care specialists Custom wheelchairs at all price points. Custom hearing aids Cosmetic skincare + dermatology Companionship: We offer in-person and virtual companionship services. Someone engaging to hang out with or talk to on video chat. Senior housing concierge. Our service finds the best senior living options based on your needs, income, and personality.

Abbott Terrace Health Center | Waterbury, CT | Photos & Videos

Overview of Abbott Terrace Health Center

Nestled in the heart of Waterbury, Connecticut, Abbott Terrace Health Center takes great pride in providing top-notch healthcare support and assistance to seniors. With a full spectrum of senior housing and healthcare options, they offer a comprehensive range of services, including skilled nursing care, post-hospital care and recovery, assisted living levels of care, home health care, hospice services, and more.
At Abbott Terrace, seniors can find the support they need to thrive in a nurturing and compassionate environment, all while adhering to nursing home rules and regulations that ensure their safety and well-being. With a dedicated team of professionals, the home’s skilled nursing care and post-hospital care services are tailored to aid in recovery and enhance the overall health and vitality of seniors. Experience the warmth and dedication of Abbott Terrace Health Center, where seniors can truly thrive and find peace in a community that cares.

(860) 751-3900

Capacity and availability

High-capacity home

May provide extensive amenities, services and programs.

Total beds 205

This home usually has limited availability

Occupancy is moderate, suggesting balanced demand.

93.7%

302 days

TYPE OF STAY

Mostly long-term care residents

Most residents stay for extended periods and receive ongoing daily care.

Might be optimal for

Long-term daily care Ongoing support needs

How we assess these insights Show admissions and discharges

Breakdown by payment type

Medicare

21% of new residents, usually for short-term rehab.

Typical stay 1 - 2 months

Private pay

38% of new residents, often for short stays.

Typical stay 1 - 2 months

Medicaid

42% of new residents, often for long-term daily care.

Typical stay 1 - 2 years

Finances and operations

Home revenue

$51.1M

Operating loss

-$917.3K

Privately-owned community Operated by a business corporation.

Home revenue

$51,085,094.00

Operating loss

$-917,347.00

Payroll costs

$13.1M

25.7% of revenue

Other operating costs

$38.9M

Total costs $52.0M

Walk Score: 89 / 100

Very walkable. Most errands can be accomplished on foot, and many essentials are within a short walk.

Compare Nursing Homes around Waterbury

5 facilities compared · CMS & CT Dept. of Health data · Updated Mar 2026

Autumn Lake Healthcare at Bucks Hill

Waterbury

94.0%

+12%

3.26

-18%

Bucks Hill Parent Llc

$13,3M

$1,5M

11.2%

75418

Waterbury Center for Nursing and Rehabilitation

Waterbury

120

94.1%

+12%

4.36

+10%

107

Landa, Joseph

$14,7M

$7,8M

53%

75219

Cheshire House

Waterbury

93.2%

+11%

4.00

+1%

A+

$12,9M

$5,4M

41.7%

75373

Abbott Terrace Health Center

Waterbury

205

93.7%

+12%

$50,7M

$13,1M

25.9%

75351

NCE Homecare

Waterbury

A+

Autumn Lake Healthcare at Bucks Hill

Overall Rating:

Type of care: NH AL

Community: Waterbury

Bed Count: 90

Occupancy: 94.0%

Occupancy vs State Avg: +12%

Nurse hrs per resident/day: 3.3

Health Insp Rating:

Staffing Rating:

QM Rating:

RN share vs State Avg: -43%

Staffing vs State Avg: -18%

Citations: 24

Avg Residents/Day: 85

Operator: Bucks Hill Parent Llc

Home Revenue: $13,272,344.00

Payroll Costs: $1,489,439.00

Payroll %: 11.2%

CCN: 75418

Waterbury Center for Nursing and Rehabilitation

Overall Rating:

Type of care: NH AL

Community: Waterbury

Bed Count: 120

Occupancy: 94.1%

Occupancy vs State Avg: +12%

Nurse hrs per resident/day: 4.4

Health Insp Rating:

Staffing Rating:

QM Rating:

RN share vs State Avg: +91%

Staffing vs State Avg: +10%

Citations: 31

Avg Residents/Day: 107.20

Operator: Landa, Joseph

Home Revenue: $14,658,397.00

Payroll Costs: $7,772,276.00

Payroll %: 53%

CCN: 75219

Cheshire House

Overall Rating:

Type of care: NH AL

Community: Waterbury

Bed Count: 75

Occupancy: 93.2%

Occupancy vs State Avg: +11%

Nurse hrs per resident/day: 4.0

Health Insp Rating:

Staffing Rating:

QM Rating:

RN share vs State Avg: -15%

Staffing vs State Avg: +1%

Citations: 52

Avg Residents/Day: 70

Home Revenue: $12,899,897.00

Payroll Costs: $5,385,347.00

Payroll %: 41.7%

CCN: 75373

Abbott Terrace Health Center

Type of care: NH AL

Community: Waterbury

Bed Count: 205

Occupancy: 93.7%

Occupancy vs State Avg: +12%

Home Revenue: $50,702,667.00

Payroll Costs: $13,120,952.00

Payroll %: 25.9%

CCN: 75351

NCE Homecare

Type of care: NH AL

Community: Waterbury

44 Abbott Terrace, Waterbury, CT 06702

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Financial Trends

Historical financial and operational data for Abbott Terrace Health Center based on CMS SNF Cost Reports.

Occupancy Rate 93.7% ↑ 2.9pp vs 2022

Net Income -$917,347 ↓ ~$115K vs 2022

Total Payroll $16,500,470 ↑ ~$578K vs 2022

Profit Margin -1.8% ↓ 0.1pp vs 2022

Loading trend charts...

Metric	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023
Occupancy %	95.7%	90.1%	92.8%	92.0%	94.6%	92.6%	94.2%	96.7%	79.6%	83.6%	90.8%	93.7%
Beds	205	205	205	205	205	205	205	205	205	205	205	205
Net Income	$762,540	-$97,411	-$298,476	-$1,267,926	-$1,383,576	-$1,211,481	-$716,176	$98,701	-$1,557,339	$1,398,028	-$802,033	-$917,347
Gross Revenue	$33,152,666	$35,566,940	$35,623,804	$37,078,378	$40,409,859	$40,278,587	$41,633,428	$44,509,355	$42,489,334	$42,005,468	$47,839,774	$50,702,667
Operating Expenses	$19,216,333	$20,204,925	$20,133,170	$20,987,419	$21,743,205	$20,944,968	$20,078,613	$19,714,332	$21,406,274	$20,287,962	$22,933,123	$23,063,183
Net Patient Revenue	$19,333,641	$19,618,537	$19,485,738	$19,327,413	$20,014,714	$19,315,288	$19,110,612	$19,503,457	$19,612,604	$19,284,212	$21,789,150	$21,763,409
Total Payroll	$11,950,987	$13,027,944	$13,199,455	$13,746,359	$14,472,006	$14,308,832	$13,434,610	$13,431,434	$14,338,609	$13,463,698	$15,922,830	$16,500,470
Profit Margin %	2.3%	-0.3%	-0.8%	-3.4%	-3.4%	-3.0%	-1.7%	0.2%	-3.7%	3.3%	-1.7%	-1.8%
Medicare %	12.7%	11.4%	12.0%	9.2%	7.5%	8.0%	5.8%	4.0%	7.0%	7.4%	7.1%	3.9%
Medicaid %	81.3%	84.8%	80.8%	82.0%	86.3%	85.2%	87.9%	89.8%	91.4%	87.6%	86.0%	89.4%
Private %	6.0%	3.8%	7.2%	8.9%	6.2%	6.8%	6.3%	6.2%	1.5%	5.0%	6.9%	6.7%
Revenue/Day	$269	$291	$281	$281	$282	$279	$271	$269	$328	$308	$321	$310
Cost/Day	$268	$300	$290	$305	$306	$302	$285	$272	$358	$325	$338	$329
Avg Length of Stay	116.2 days	95.3 days	150.5 days	169.1 days	205.6 days	205.1 days	187.0 days	247.9 days	237.0 days	205.0 days	176.5 days	302.2 days

Guides for Better Senior Living

Care Cost Calculator: See Prices in Your Area

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The True Cost of Assisted Living in 2025 – And How Families Are Paying For It

Understanding Senior Living Costs: Pricing Models, Discounts & Financial Assistance

Connecticut Home Care Program for Elders

CHCPE

General: Age 65+, Connecticut resident, at risk of nursing home placement.

Income Limits: State-funded: ~$1,600/month; Medicaid: ~$2,829/month (300% FBR).

Asset Limits: $1,600 (state), $2,000 (Medicaid, individual).

CT Specifics: Two tiers (state and Medicaid); waitlists possible.

Statewide Respite Care Program

CT Respite Care

General: Caregiver of senior with dementia, Connecticut resident.

Income Limits: ~$2,500/month (individual, varies).

Asset Limits: $40,000 (individual).

CT Specifics: Limited to dementia caregivers; capped funding.

Congregate Housing Services Program (CHSP)

Connecticut Congregate Housing Services Program

General: Age 62+, Connecticut resident, frail but not needing 24/7 care, resides in CHSP-eligible housing.

Income Limits (2025): ~$41,000/year (individual, adjusted annually).

Asset Limits: Not specified; focus is income-based.

CT Specifics: Limited to 14 state-subsidized sites; participants pay 10% of service costs.

Medicare Savings Program (MSP)

Connecticut Medicare Savings Program

General: Age 65+ or disabled, Connecticut resident, enrolled in Medicare Part A/B.

Income Limits (2025): ~$2,510/month (individual, QMB); ~$3,380/month (SLMB); ~$3,598/month (ALMB)—adjusted annually.

Asset Limits: None since 2023 policy change.

CT Specifics: Three tiers (Qualified Medicare Beneficiary, Specified Low-Income, Additional Low-Income); no asset test.

Senior Community Service Employment Program (SCSEP)

Connecticut SCSEP (federally funded, state-administered)

General: Age 55+, unemployed, low-income, Connecticut resident.

Income Limits (2025): ~$1,983/month (125% FPL, individual).

Asset Limits: Not specified; income-focused.

CT Specifics: Priority for veterans, rural residents; limited slots (~500/year).

Abbott Terrace Health Center

Abbott Terrace Health Center

Capacity and availability

High-capacity home

This home usually has limited availability

Who this home usually serves

Mostly long-term care residents

Breakdown by payment type

Medicare

Private pay

Medicaid

Finances and operations

Compare Nursing Homes around Waterbury

Places of interest near Abbott Terrace Health Center

Calculate Travel Distance to Abbott Terrace Health Center

Financial Trends

Occupancy Rate

Financial Performance

Payroll & Labor Costs

Payer Mix

Revenue vs Cost Per Patient Day

Guides for Better Senior Living

Eldertainment

Financial Aid for Connecticut Seniors

Connecticut Home Care Program for Elders

Statewide Respite Care Program

Congregate Housing Services Program (CHSP)

Medicare Savings Program (MSP)

Senior Community Service Employment Program (SCSEP)

Benefits

Benefits

Benefits

Benefits

Benefits

Explore Open Rooms

Abbott Terrace Health Center

Abbott Terrace Health Center

Capacity and availability

High-capacity home

This home usually has limited availability

Who this home usually serves

Mostly long-term care residents

Breakdown by payment type

Medicare

Private pay

Medicaid

Finances and operations

Compare Nursing Homes around Waterbury The information below is reported by the Connecticut Department of Public Health, Facility Licensing and Investigations Section.

Places of interest near Abbott Terrace Health Center

Calculate Travel Distance to Abbott Terrace Health Center

Financial Trends

Occupancy Rate

Financial Performance

Payroll & Labor Costs

Payer Mix

Revenue vs Cost Per Patient Day

Guides for Better Senior Living

Eldertainment

Financial Aid for Connecticut Seniors

Connecticut Home Care Program for Elders

Statewide Respite Care Program

Congregate Housing Services Program (CHSP)

Medicare Savings Program (MSP)

Senior Community Service Employment Program (SCSEP)

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