Boston Mayor Michelle Wu’s latest pilot program will subsidize older adults facing eviction or displacement, allowing them to temporarily remain in their homes until approved for long-term affordable housing.
Dubbed SHORE-UP (Stabilizing Housing for Our Resident Elders Under Pressure), the program received $200,000 in funding.
According to the City of Boston, over 20% of Boston residents older than 65 live below the poverty level. Around 10,000 households led by these seniors spend more than half their income on housing. SHORE-UP will support the over 10,000 older adults on the Boston Housing Authority’s affordable housing waitlist by providing financial support towards rent payments until placement…