Aging in Place Home Repairs Are One of the Biggest Costs to Seniors — 4 Ways To Save

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Housing costs might be an unexpected source of financial stress in retirement. An analysis by T. Rowe Price found that even though healthcare expenses often top retirees’ cost concerns, housing costs are both the top spending category and the top source of spending volatility.

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Within the housing expense category, home repairs and improvements could be a particularly tricky area to manage. It can be hard to know exactly when you’ll need

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Paramus NJ home repair program helps seniors, lower-income residents

A longstanding Paramus program that helps lower-income residents repair their homes is getting a renewed push from the borough.

“It’s a good opportunity for us to help,” Mayor Chris DiPiazza said, adding that applicants to the program are typically senior citizens on fixed incomes. “It’s a good program to help people stay in town and give them tools that they need to fix their homes if they are not capable themselves.”

The Community Rehabilitation Program is run by the Paramus Affordable Housing Corp. and is supported by developers’ fees. The fund is expected to increase in the coming years

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Detroit seniors, disabled residents benefit from roof repair program

Detroit — Heloyse Moore has lived in the same Detroit home since 1962. When her roof began leaking in December, she feared she wouldn’t be able to stay.

Moore, nearly 93 years old, is among the first of 2,000 residents to have a new roof installed by the city’s Renew Detroit program.

The home repair program was established in 2021. After a community feedback process, the Detroit City Council initially voted in July 2022 to appropriate $30 million in American Rescue Plan Act funds for home repair to seniors, low-income and disabled community members.

It was initially expected to aid

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Binghamton program funds home repairs for seniors: Who qualifies

Driving down Gaylord Street on the East Side of Binghamton, one house sticks out.

It’s not because of the big tree in front whose pink petals speckle the sidewalk or the neatly landscaped garden. Nor is it the clean blue-gray siding or the bright white trim.

What catches the eyes of passersby is a small wooden porch with smooth steps and intricate railings – a porch this time last year, 85-year-old Irene Perris says, was in disrepair with a board that would shift when someone stepped on it.

The First Ward Action Council’s Senior Home Repair Program, which is once

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