6 Ways to pay for accessibility upgrades

Aging in place is a major priority for many adults, and local governments and communities are constantly working to find ways to support the aging population. Aging in place modifications can be as simple as adding handheld sprayers in showers or as complex as installing stairlifts, and allow you to remain in the comfort of your own home long into your golden years. If you’re hoping to remain in your home as long as possible, here are a few affordable ways to pay for accessibility upgrades.

1. Take advantage of tax credits

As highlighted in a USA Today article, renovations made for medical reasons might be tax deductible. Some tax-deductible expenses include adding wheelchair ramps, widening doorways, remodeling kitchen cabinets and appliances, and installing railings, lifts, and grab bars. There are also greater tax benefits for modifications for people over the age of 65.

2. Rural housing loans and grants

As government sources highlight, older adults who live in rural areas and have a low income might be eligible for loans and grants that help them improve their living area and age in place more comfortably.  This can be especially nice, since resources are not as readily available in rural areas.

3. Utilize housing programs

If you are looking for a new home for yourself or for a loved one, there are programs out there that can help disabled seniors. The US Department of Housing and Urban Development funds many affordable housing programs. There’s the Housing Choice Voucher Program, as well as the Supportive Housing for Persons with Disabilities Program.

The Supportive Housing program funds an independent lifestyle while living in a facility that attends to a disabled person’s needs. Public housing is another option, and preferences are given to the elderly and disabled.

4. Go for grants

You might also qualify for some grants that can help you with your home modifications. Apply for a grant as soon as possible, since they can be competitive. If you own your home, are at least 62 years old, meet the income requirements, and cannot find affordable loans, you will be eligible to apply. These grants must be used only for accessibility modifications.

5. Non-profit organizations

Non-profit organizations are an indispensable part of improving housing and making it accessible for everyone. There are a variety of non-profit organizations that can help you with your home modifications, and they are often designed for Alzheimer’s patients or disabled individuals. Look at local non-profits in your area to see what kind of options you’ll have.

6. Veteran programs

If you or a spouse have a military background, you might be eligible for veteran benefits. Reviewing the qualification and eligibility requirements can help older individuals with a military background. There are some very specific requirements for some of these grants. Additionally, certain grants and financial aid may only be available to veterans who have lost eyesight or the abilities of their arms and legs. However, not all disabilities need to be connected to military service.

Figuring out exactly which improvements will be most beneficial is an important aspect of the application process to secure funding. Figure out the modifications you need first and most urgently, and budget for unforeseen costs as well. These modifications should help you age in place in a more enjoyable way.

This article was written by Hazel Bridges – an advocate of health and wellness for seniors.

If you’d like to see options for accessibility and cost effective solutions for safety in the home – click here to see our solution guides for accessibility in the home.