Our fixed income senior apartments are the ideal choice for independent seniors in the Springfield area.
While age brings a number of benefits, it can also be stressful to maintain a home, find transportation to the store or doctor’s office when you no longer drive, or socialize with friends. Additionally, most seniors are living on a fixed income, which also complicates things.
The good news is that you do have options in the Springfield, Illinois area, including the fixed-income senior apartments we offer at Capitol Retirement Village. Our community was established in 2004, and we have housing for 235 seniors. The apartments offer an open floor plan, safety modifications in the bathroom, and individually controlled heating and air conditioning.
Additionally, trash, water, gas, and sewer are paid for, leaving only electricity for you to budget. And you are more than welcome to bring a four-legged friend with you, as long as they are under our 25-pound weight limit and the pet deposit is paid.
To determine eligibility for our fixed-income senior apartments, your income needs to be below 50% of the median income for the Springfield area. As far as rent is concerned, we will calculate your adjusted gross income by adding income plus imputed income from assets and subtracting any qualified medical expenses. From that number, 30% will be your rent.
It is worth noting that our staff are always happy to answer any questions you might have and we also have a night manager available for after-hour emergencies. Additionally, we offer transportation to local medical offices, restaurants, and stores, as well as host events and game nights where you can get to know your new neighbors.
If you are considering a move to fixed-income senior apartments, contact us today to schedule a tour and discuss eligibility.