Living in Affordable Housing and Duration of Tenure: Do Older Adults Stay in Low-Income Housing Tax Credit Projects as They Age?

Aging in (Privatized) Places: Subsidized Housing Policy and Seniors

“…However, this can be at the expense of low-income frail seniors. Beard and Carnahan (2011) found that the duration of housing tenures of LIHTC senior residents were shorter than comparable HUD housing units, suggesting that some residents in LIHTC are unable to age in place. This may be due to the fact that if managers of these units want to provide supportive services, then they must do so through private means.…”

“…As one researcher noted, "it simply doesn't make sense to have a national housing policy in which the deeper the targeting and the lower the income group served, the more complicated and costly it is to arrange the financing (Stegman, 1991, p. 363). Although 42% of its stock funds senior properties, these units are just not well-suited for those aging in place and do not provide the funding and/or incentives for supports to those who desire to age in place (Beard & Carnahan, 2011). Because these projects are market driven, downturns in the economy can affect supply when units are needed the most.…”

Subsidized Senior Housing in the US: A Scoping Review

“…Quantitative Findings. Regarding the personal dimension in housing relocation, Beard and Carnahan (2011) showed that advanced age and race (i.e., Black) predicted the length of stay among the residents in Low-Income Housing Tax Credit (LITHC) housing.…”