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.

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Terrace Park Sr Living | Iowa | Photos & Videos

Overview of Terrace Park Sr Living

Terrace Park Assisted Living is located in Leon, Iowa, and offers a supportive environment for seniors who value their independence. The facility provides well-balanced meals, wellness programs, and a variety of activities to engage residents. With a focus on dignity and choice, Terrace Park aims to assist residents in their daily living while promoting a sense of community.

(641) 446-8396 terracepark@leoncarecenters.com

Capacity and availability

Smaller home

May offer a more intimate, personalized care environment.

Total beds 32

32-bed community

A moderately sized community that may balance personal attention with shared amenities and social activities.

25 years in operation

A longer operating history, which may indicate experience navigating regulations and delivering ongoing care.

About this community

License Status

Active

Facility Type

Assisted Living Programs

License Date

February 5, 2001

License Expiration

February 4, 2026

Additional licensing details

License number: S0109

County: Decatur

Accreditations: Certified as an Assisted Living Program by the Iowa Department of Inspections and Appeals

Ownership & operating entity

Terrace Park Sr Living is administrated by Jonda Mericle.

Owner name: No Related Entities Found

Safety & Compliance

Emergency Systems: 24-hour emergency response

Care Services

Accepts Medicaid

Accepts Medicare

Nursing Services

Skilled Nursing

24-Hour Staffing

Contact Information

Email: [email protected]

Fax: 6414468398

Additional Policies & Features

Pets Allowed

Visitor Policy: Overnight visitors allowed; charges apply after one week

Minimum Age: 65

Housekeeping: Yes

Amenities & Lifestyle

Private kitchenette and bath

24-hour emergency response

Housekeeping and Laundry

Three family-style meals daily

Nurse on call 24 hours a day

Monthly health checks by Registered Nurse (RN)

Wellness and Activity Program

Transportation in Leon by Southern Iowa Trolley

Cable TV (basic package)

Programs & Activities

Specific Programs

Wellness and Activity Programs, Transportation in Leon, Beautician services

Pricing & Financial Information

Starting Price$3762.50 for Studio

Starting Price$4300.00 for One Bedroom

Move-in Deposit$750.00 refundable deposit required

Dining & Nutrition

Food Description

Well-balanced and nutritious meals provided.

Meals Included

Yes

Meals Per Day

Meal Schedule

Three family-style meals daily

Medicaid Accepted

This facility is certified for eligible Medicaid services.

Payment & Funding Options

Medicaid Long-term care insurance

Show Inspection Reports

Latest inspection

Date:September 11, 2024

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Terrace Park Sr Living

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Bed Count: 32

Pets Allowed: No

Leon, IA 501441182

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Elderly Waiver

Iowa Medicaid Elderly Waiver

General: Age 65+, Iowa resident, Medicaid-eligible, nursing home-level care need.

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

Asset Limits: $2,000 (individual), $3,000 (couple).

IA Specifics: Rural focus; waitlists possible.

Iowa Family Caregiver Support

IA NFCSP

General: Caregiver of someone 60+, Iowa resident.

Income Limits: No strict limit; prioritizes low-income.

Asset Limits: Not applicable.

IA Specifics: Limited slots; rural emphasis.

Medicare Savings Program (MSP)

Iowa Medicare Savings Program

General: Age 65+ or disabled, Iowa resident, Medicare Part A/B.

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

Asset Limits: $9,430 (individual), $14,130 (couple).

IA Specifics: Three tiers; no waitlist.

Program of All-Inclusive Care for the Elderly (PACE)

Iowa PACE

General: Age 55+, Iowa resident, nursing home-level care need, safe with PACE support.

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

Asset Limits: $2,000 (individual), $3,000 (couple).

IA Specifics: Limited to western Iowa (e.g., Council Bluffs); expanding slowly.

Senior Community Service Employment Program (SCSEP)

Iowa SCSEP

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

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

Asset Limits: Not specified; income-focused.

IA Specifics: Priority for veterans, rural residents.

VA Aid and Attendance (A&A) and Housebound Benefits

Iowa VA Aid and Attendance/Housebound

General: Age 65+ or disabled veteran/spouse, Iowa resident, wartime service, need for ADL help (A&A) or homebound.

Income Limits (2025): Net income < ~$1,984/month (veteran with dependent, A&A); pension offsets income.

Asset Limits: ~$155,356 (net worth limit).

IA Specifics: High veteran demand in rural areas.

Able Up Iowa

General: Age 65+ or disabled, Iowa resident, ability to repay loan, need for assistive tech or mods.

Income Limits (2025): No strict limit; must demonstrate repayment capacity.

Asset Limits: Not specified; credit-based.

IA Specifics: Loans up to $25,000; statewide via Easterseals partnership.

Terrace Park Sr Living