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Navigating the financial aspects of aging in place presents challenges for many seniors, but numerous funding options exist to help with home modifications that promote safety and independence.

• Government programs like Medicaid waivers can fund ramps, bathroom changes, and doorway widening depending on your state
• Some Medicare Advantage plans now cover grab bars and bathroom safety equipment
• PACE (Program of All-Inclusive Care for the Elderly) may pay for home safety updates in certain areas
• Veterans can access grants up to $120,000 for major modifications through SAH and SHA programs
• Veterans' HISA grants provide around $7,000 for modifications like rolling showers and ramps
• Rural seniors may qualify for USDA Rural Housing Repair Grants up to $10,000 - https://www.rd.usda.gov/programs-services/single-family-housing-programs/single-family-housing-repair-loans-grants
• Nonprofits like Rebuilding Together and Habitat for Humanity offer free repairs for qualifying seniors
• Reverse mortgages allow seniors 62+ to use home equity without monthly payments
• Home equity loans and lines of credit can fund renovations if you can manage the payments
• Medically necessary modifications may be tax-deductible with a doctor's prescription
• Many states and counties reduce property taxes for senior homeowners

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