Timon Towers

Article: How to get Medicare and Medicaid to Pay for Assisted Living

Description

In Buffalo’s 14209 area, Timon Towers presents a unique blend of quality, design, and comfort. Built in 1979, this 12-story apartment community boasts 124 units, offering an ideal living space for residents.
Nestled in the charming Delaware-West Ferry neighborhood of Buffalo, Timon Towers enjoys a picturesque setting with beautifully renovated high-rise apartments and inviting single-family homes lining its tree-lined streets. The central location is a significant advantage, ensuring a convenient commute to work and easy access to various city attractions.

Claim What’s Yours: Financial Aid for New York Seniors

Program

State Program Name

Eligibility

Benefits

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.

Services: Personal care (5-7 hours/day), respite care (240 hours/year), home modifications ($1,500 avg.), assistive technology ($500 avg.).

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.

Services: In-home care (3-5 hours/week), respite (up to 10 days/year), case management, transportation (~5 trips/month).

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.

Services: Rent freeze (e.g., covers increases of $50-$200+/month); tax credit for landlord.

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.

Services: Property tax reduction (5-50%, e.g., $500-$5,000/year based on income and property value).

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.

Services: Shared housing (reduces rent/living costs by 30-50%, e.g., $500-$1,000/month savings); optional light assistance between housemates.

Claim What’s Yours Financial Aid for New York Seniors

NY Medicaid CFCO

Community First Choice Option

Eligibility

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.

Benefits

Services: Personal care (5-7 hours/day), respite care (240 hours/year), home modifications ($1,500 avg.), assistive technology ($500 avg.).

NY EISEP

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

Eligibility

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.

Benefits

Services: In-home care (3-5 hours/week), respite (up to 10 days/year), case management, transportation (~5 trips/month).

NY SCRIE

Senior Citizen Rent Increase Exemption (SCRIE)

Eligibility

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.

Benefits

Services: Rent freeze (e.g., covers increases of $50-$200+/month); tax credit for landlord.

NY SCHE

Senior Citizen Homeowners’ Exemption (SCHE)

Eligibility

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.

Benefits

Services: Property tax reduction (5-50%, e.g., $500-$5,000/year based on income and property value).

NYFSC Home Sharing

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

Eligibility

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.