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.

Promenade at University Place | Albany, NY | Photos & Videos

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Overview of Promenade at University Place

Promenade at University Place boasts an elegant and welcoming atmosphere that ensures a service delivered with compassion and respect. The retirement home specializes in independent living, assisted living, and memory care services. The cozy, homey place creates an environment of compassion and love for each senior; they can feel the beauty and timelessness of the climate– inspiring seniors to live purposefully.
Promenade at University Place aims to enhance its seniors’ lifestyle with premium amenities and unmatched services. They had thought of every big and little detail of the community: five-star dining experience, housekeeping services, cozy apartments, stimulating activities, specialized programs, and engaging gatherings.

(518) 514-9500

Walk Score: 69 / 100

Moderately walkable. Some errands can be accomplished on foot, with a mix of nearby amenities.

About this community

Wheelchair Accessible

Accept Medicaid

Rehabilitation Services

Respite Care

Doctor on Staff

Nursing Services

Licensed Nurses/CNAs

24-Hour Staffing

Three Gourmet Meals Daily

Social And Recreational Activities

Regular Outings

Game Rooms

Fitness Classes

Well-Stocked Library

Laundry And Housekeeping

On-Site Visits By Medical Professionals

Safe And Comfortable Environment

Specific ProgramsAssisted Living, Memory Care, Independent Living, Senior Day Program

Food DescriptionThree gourmet meals daily shared in a beautiful dining room.

Meals IncludedYes

Types of Care at Promenade at University Place

Assisted Living Independent Living Memory Care

What does this home offer?

Minimum Age: 55 Years Old

Accept Medicaid: Yes

Housing Options: 1 Bed / 2 Bed

Building Type: Two Stories

Fitness and Recreation

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Promenade at University Place

Type of care: AL

Community: Albany

Pets Allowed: No

Bed Options: Studio / 1 Bed / 2 Bed

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Community First Choice Option

NY Medicaid CFCO

General: Age 65+ or disabled, New York resident, Medicaid- eligible, care need (not necessarily nursing home level).

Income Limits (2025): ~$2,829/month (300% FBR, individual).

Asset Limits: $30,182 (individual, higher due to NY Medicaid expansion).

NY Specifics: Higher asset limit; urban density increases demand.

Expanded In-Home Services for the Elderly Program (EISEP)

NY EISEP

General: Age 60+, New York resident, at risk of decline but not nursing home level.

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

Asset Limits: $15,000 (individual).

NY Specifics: Cost-sharing required above certain income; urban/rural balance.

Senior Citizen Rent Increase Exemption (SCRIE)

NY SCRIE

General: Age 62+, NYC resident, live in rent-controlled/stabilized apartment, spend >1/3 of income on rent.

Income Limits (2025): $50,000/year (household).

Asset Limits: No strict asset cap, but income-focused eligibility.

NY Specifics: Limited to NYC’s rent-regulated units; high demand in urban areas.

Senior Citizen Homeowners’ Exemption (SCHE)

NY SCHE

General: Age 65+, NYC resident, own and live in a 1-3 family home, co-op, or condo.

Income Limits (2025): $58,399/year (household).

Asset Limits: No strict asset cap, income-driven eligibility.

NY Specifics: Applies only in NYC; excludes large apartment buildings.

New York Foundation for Senior Citizens (NYFSC) Home Sharing Program

NYFSC Home Sharing

General: One participant must be 60+ (host or guest), NYC resident, able to share living space.

Income Limits: No strict limit, but targets those needing cost relief.

Asset Limits: Not applicable; focus on housing need.

NY Specifics: Primarily NYC-focused; limited slots due to demand.

Assisted Living in Albany

Promenade at University Place

Assisted Living in Albany