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.

The Parkwood | Independent Living in Sioux Falls, SD

Overview of The Parkwood

Nestled in a quiet yet convenient residential area in Sioux Falls, SD, The Parkword is an active senior living community that offers a vibrant and engaging independent living. The community features 133 apartments with 22 unique floor plans, furnished kitchens, balcony and high ceiling, offering a comfortable and elegant residence. With housekeeping, a variety of dining options, and all utilities included, residents are guaranteed to live an easy and worry-free life with more time in their hands to do the things they love.

At Parkwood, they strive to provide a service-rich environment that fosters strong community connections and maintenance-free living. Here, residents benefit from regular community social events and activities, scheduled transportation, and on-site amenities. Wellness and leisure is guaranteed with amenities like a fitness studio with treatment space, a full-service salon, library, indoor theater, club room, game room, guest suite, and outdoor courtyards with walking trails and dog parks. Here, residents are set to experience a vibrant community filled with meaningful connections and fun experiences.

(605) 975-8500

Capacity and availability

Medium-capacity home

Offers a balance of services and community atmosphere.

Total beds 133

133-bed community

A larger shared setting that may offer more common spaces and organized community services.

1 year in operation

A newer community that may feature more recent facilities and programs.

Walk Score: 10 / 100

Car-dependent. Most errands require a car, with limited nearby walkable options.

BBB Rating: A- (Not Accredited)

An independent rating from the Better Business Bureau based on factors such as complaint history, transparency, and business practices.
How BBB ratings work

About this community

Facility TypeResidential Living Centers

IssuanceJanuary 1, 2025

ExpirationDecember 31, 2025

CountyLincoln

License Number80566

The Parkwood is administrated by Kasselder, Nathan.

Staffing

Key information about the people who lead and staff this community.

ContactNathan Kasselder

What does this home offer?

Pets Allowed: Yes, Pets Allowed

Housing Options: Studio / 1 Bed / 2 Bed

Building Type: 3-story

Transportation Services

Fitness and Recreation

Types of Care at The Parkwood

Independent Living

Compare Independent Living around Sioux Falls

Filter by care type


The Parkwood	IL Independent Living Lifestyle-focused communities for older adults offering dining, activities, and transportation with minimal personal care. Best for active, independent seniors who want community without medical support.	Sioux Falls	133	Yes	10	Studio / 1 Bed / 2 Bed	1	A-	Kasselder, Nathan
Ponderosa Lodge Senior Living	AL Assisted Living A licensed, long-term care setting for seniors or individuals with disabilities who need help with daily activities — like bathing, dressing, and medication management — but not 24-hour skilled nursing. Offers housing, meals, and around-the-clock support while aiming to maximize resident independence. IL Independent Living Lifestyle-focused communities for older adults offering dining, activities, and transportation with minimal personal care. Best for active, independent seniors who want community without medical support. RC Respite Care Short-term temporary care — days to weeks — to give family caregivers a break. Full care provided during the stay. Often used after hospitalization or to trial a facility before a permanent placement decision.	Sioux Falls	76	No	30	Studio / 1 Bed / 2 Bed	1	-	Castle, Martina

The Parkwood

Type of care: IL

Community: Sioux Falls

Bed Count: 133

Pets Allowed: Yes

Bed Options: Studio / 1 Bed / 2 Bed

Ponderosa Lodge Senior Living

Type of care: AL IL RC

Community: Sioux Falls

Bed Count: 76

Pets Allowed: No

Bed Options: Studio / 1 Bed / 2 Bed

View all Nearby Homes

Home and Community Based Services Waiver

SD Medicaid HCBS Waiver

Age 65+ or disabled

General South Dakota 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).

Sparse population aids rural access; limited providers.

Benefits

Personal care (5-7 hours/day) Respite (240 hours/year) Adult day care (~$60/day) Home aides

South Dakota Elderly Services Program

SD ESP

Age 60+

General South Dakota resident, at risk of decline.

Income Limits ~$1,732/month individual, varies

Asset Limits $5,000 individual

Limited funding; rural focus.

Benefits

In-home care (2-4 hours/week) Respite (up to 5 days/year) Transportation (~5 trips/month)

Medicare Savings Program (MSP)

South Dakota Medicare Savings Program

Age 65+ or disabled

General SD 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).

Three tiers; includes Extra Help for Part D; no waitlist.

Benefits

Covers Part B premiums ($174.70/month) Deductibles ($240/year) Copays (~20%)

Low-Income Home Energy Assistance Program (LIEAP)

South Dakota LIEAP

Age 60+ prioritized

General SD resident, low-income household.

Income Limits (2025) ~$3,970/month individual, 185% FPL

Asset Limits Not assessed; income-focused.

Covers gas, electric, propane; weatherization add-on available.

Benefits

Heating/cooling aid ($300-$1,000/season) Emergency aid ($500 max)

Family Caregiver Support Program (FCSP)

South Dakota Family Caregiver Support Program

Age —

General Caregivers of 60+ needing care or 55+ caregivers of others; SD resident; functional needs (2+ ADLs).

Income Limits (2025) No strict cap; prioritizes low-income ~$24,980/year

Asset Limits Not assessed; need-based.

Rural emphasis; includes grandparent caregivers.

Benefits

Respite (4-6 hours/week or 5 days/year) Adult day care ($60/day) Training Supplies (~$500/year)

Senior Community Service Employment Program (SCSEP)

South Dakota SCSEP

Age 55+

General unemployed, low-income, SD resident.

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

Asset Limits Not specified; income-focused.

Priority for veterans, rural residents; AARP partnership.

Benefits

Paid training (~20 hours/week at ~$7.25/hour) Job placement

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

South Dakota VA Aid and Attendance/Housebound

Age 65+ or disabled veteran/spouse

General SD 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

Supports rural veterans; high demand near Sioux Falls VA.

Benefits

Cash (~$1,433-$2,642/month veteran, ~$951-$1,318 spouse) for care costs (e.g., in-home, assisted living)

Property Tax Reduction Program

South Dakota Property Tax Reduction from Municipal Taxes

Age 65+ (or disabled) by Jan 1

General SD resident entire prior year, homeowner/renter.

Income Limits (2025) ~$20,192/year (single), ~$24,679/year (multiple-member household).

Asset Limits Not assessed; income-focused.

Refunds up to $575; ~10,000 seniors benefit annually.

Benefits

Tax refund (~$250-$575/year based on income)

Senior Farmers’ Market Nutrition Program (SFMNP)

South Dakota SFMNP

Age 60+

General SD resident, low-income.

Income Limits (2025) ~$2,322/month individual, 185% FPL

Asset Limits Not assessed.

Vouchers (~$50/season); serves ~5,000 annually via 6 AAAs.

Benefits

Vouchers (~$50/season) for fresh produce at approved markets

Freeze on Assessments for Dwellings of Disabled and Senior Citizens

South Dakota Property Tax Freeze

Age 65+ (or disabled)

General SD resident 200+ days prior year, homeowner.

Income Limits (2025) ~$35,000/year (single), ~$45,000/year (multiple-member household).

Asset Limits Property value < $250,000 (single), $300,000 (multiple).

Saves ~$300-$600/year avg.; applies to primary residence.

Benefits

Assessment freeze (~$300-$600/year savings)

Older Americans Act (OAA) Services

South Dakota OAA Services

Age 60+

General SD resident (or spouse of any age); no income/asset limits.

Income Limits (2025) None; donations encouraged for some services.

Asset Limits Not assessed.

6 AAAs; rural focus due to sparse population.

Benefits

Meals (home-delivered or congregate, ~$5-$7/meal value) Transportation Homemaker services (~4 hours/week) Respite (~5 days/year) Legal aid

5.5 miles from city center Estimated distance in miles from Sioux Falls's city center to The Parkwood's address, calculated via Google Maps. — 1.11 miles to nearest hospital (DaVita Sioux Falls At Home)

Quick search

Calculate Travel Distance to The Parkwood

Add your location

Guides for Better Senior Living

Care Cost Calculator: See Prices in Your Area

Nursing Home Data Explorer

Don’t Wait Too Long: 7 Red Flag Signs Your Parent Needs Assisted Living Now

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

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

The Parkwood

Independent Living in Sioux Falls

Independent Living in Sioux Falls