Senior Resource Directory Senior Resource Directory

HOUSING
Many apartment projects, both
sub si dized and non-subsided
have long waiting lists. Don’t
be dis cour aged! If they will take
your name, give it. Waiting lists
sometimes move sur pris ing ly fast.
Being number 400 on a list doesn’t
necessarily mean that there are
actually 400 people ahead of you.
Many people have already found a
place to live, moved out of the area
or are no longer interested in the
apart ment.
1. There is no limit to the number
of waiting lists you can put
your name on. It is best to sign
up on several lists to increase
your like li hood of re ceiv ing assis
tance.
2. Make sure that you keep the
project informed of your cur-
rent address and telephone
number. One reason lists move
quickly is that people cannot
be reached easily when there is
a vacancy.
3. Check back reg u lar ly, but don’t
be a pest. Let them know you
are still interested.
Other Financial As sis tance
Alexander House Foundation
P.O. Box 23642
Santa Barbara, CA 93121
966-3665
Provides financial assistance for
housing for the elderly, 65 and
over, on a fixed income and at
least a 10 - year resident.
60 2005-2007 SANTA BARBARA COUNTY SENIOR RESOURCE DIRECTORY
Home Equity
Conversions
Until recently, there were only two
ways to get cash from your home.
You could sell it, but then you
would have to move. Or, if you
qualifi ed for a loan, you could borrow
against your home. But then
you would have to make monthly
loan payments.
Now there are new ways of getting
money from your home that do
not require you to leave your home
or to make regular loan payments.
These “home equity conversion”
plans let you turn the value of
hour home into cash without having
to move or repay a loan each
month.
Home equity conversion (HEC)
plans are relatively new in the
United States .