NYHRC: A Housing Journey

Public Benefits

NYHRC: A Housing Journey

Show Notes

Key Topics Covered: Pathways to Employment & Day Habilitation: The transition from center-based Day Habilitation services to “without walls” services emphasizes supporting people with I/DD in achieving paid employment. Earned Income Disregard: The Earned Income Disregard program helps individuals living in public housing by reducing the impact of earned income on rent costs, allowing individuals to work without losing housing support. Earned Income Tax Credit (EITC): A discussion on how the IRS's Earned Income Tax Credit can provide a modest but valuable cash benefit to people with extremely low incomes. While primarily for families, this credit can offer working adults additional financial relief. Building Credit: The importance of building credit to secure housing and independence. We discuss strategies such as obtaining a secured credit card or becoming an authorized user to help establish a positive credit history. Individual Development Accounts (IDAs): IDAs are matched savings accounts where for every dollar saved, up to a 4:1 match is provided. These accounts can be used for housing or employment purposes without being counted as assets for SSI eligibility. ABLE Accounts: ABLE accounts allow people with disabilities to save money for a variety of expenses without affecting their SSI benefits. We explain how these accounts work, their contribution limits, and the advantages they offer for saving long-term. Supplemental Needs Trusts: We break down the different types of Supplemental Needs Trusts (first-party, pooled, and third-party), and how these trusts can protect assets while ensuring eligibility for public benefits. Legal guidance is crucial, and we recommend consulting a New York licensed Special Needs or Elder Law attorney. Housing Benefits and Section 8: Section 8 vouchers and public housing programs, supported by the U.S. Department of Housing and Urban Development (HUD), allow individuals with low incomes to pay 30% of their income for housing. We also highlight OPWDD's Housing Subsidy program. State-Level Housing and Care Support: We discuss services provided by state-level departments, such as the Department of Social Services, which offers personal care services for those with Medicaid, and the Department of Agriculture, which provides funding for home modifications and housing construction. Programs for Older Adults: For aging individuals, programs through the Administration on Aging help them remain independent by offering rent subsidies, meals, transportation, and other supportive services. These are funded by HUD and administered by private nonprofits.

New York Housing Resource Center (NYHRC) Social Security Administration (SSA) ABLE Accounts Supplemental Needs Trust Information Section 8 & Public Housing Vouchers Hosted on Acast. See acast.com/privacy for more information.

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