Senior Resources
Financial Resources
| Resource Link | Description |
| Reverse Mortgages | The Home Equity Conversion Mortgage (HECM) is FHA's reverse mortgage program, which is a special type of home loan that lets you convert a portion of the equity in your home into cash. However, unlike a traditional home equity loan or second mortgage, HECM borrowers do not have to repay the HECM loan until the borrowers no longer use the home as their principal residence. |
| Supplemental Security Income (SSI) | SSI is a federal program, providing income for low-income or disabled older adults. You must meet specific eligibility rules to qualify for this program. |
| Volunteer Income Tax Assistance (VITA) | This program offers free basic tax preparation for those who meet specific income requirements. |
| Tax Counseling for the Elderly (TCE) Program | If you’re over 60 years old, you’re eligible for free tax assistance from IRS-certified volunteers with this program. |
| IRS Credit for the Elderly | Seniors who meet specific eligibility criteria, may receive a credit between $3,750 and $7,500. |
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