Housing & Rent
This type of housing helps keep rent lower for eligible seniors and low-income residents.
What is affordable housing?
This is a monthly government benefit most people receive after working and paying into the system.
What is Social Security?
This bill covers electricity, heat, and water.
What are utility bills?
This program provides healthcare coverage for people age 65 and older.
What is Medicare?
This helps you avoid overspending by planning purchases ahead.
What is budgeting?
This federal program helps pay rent for eligible households in New Jersey.
What is the Housing Choice Voucher Program (Section 8)?
This program helps low-income individuals buy food.
What is SNAP (Supplemental Nutrition Assistance Program)?
This NJ program helps eligible households pay heating and cooling bills.
What is LIHEAP (Low Income Home Energy Assistance Program)?
This is what you pay each month to keep insurance active.
What is a premium?
This is the safest way to compare prices before buying groceries or essentials.
What is shopping around?
These are the 3 levels of rent at Cornerstone.
What is, Very Low, Low, and Moderate?
This benefit may increase slightly each year to keep up with rising prices.
What is a COLA (Cost of Living Adjustment)?
This strategy helps lower energy bills by reducing unnecessary use of lights and appliances.
What is energy conservation?
This is the amount you pay before insurance starts covering medical costs.
What is a deductible?
This is money saved for unexpected expenses like repairs or medical costs.
What is an emergency fund?
The New Jersey Housing and Mortgage Finance Agency oversees what social service program at the Cornerstone 55+ communities?
What is SIL Services for Independent Living?
This is money earned from a pension, retirement account, or savings after retirement.
What is retirement income?
This is often offered by utility companies for seniors to lower monthly payments or avoid shutoff.
What is a payment plan or assistance program?
The 4 parts of Medicare are?
What is Part A- Hospital, Part B- Medical, Part C- supplement/Advantage, and Part D- Prescription?
What is it called when you receive a phone call from Social Security or Medicare?
What is a scam? Medicare and Social Security will never call you!
This document is required each year to confirm eligibility for Tax Credit Affordable Living housing.
What is income recertification?
This rule helps prevent losing benefits by reporting changes in income or household size.
What is reporting requirements?
To avoid unnecessary charges when renting, you should frequently do what.
What is review lease terms?
What is the name of 2 Medicare Savings program?
What is PAAD, Senior Gold, SLMB, QMB, or LIS?
This is a smart strategy to avoid running out of money in retirement by spreading savings across options.
What is diversification?