With an increase in aging in place comes a need to address sustainable funding for long-term programming.
While an aging in place program may receive an early investment or grant, it is critical to find ways to continue the program beyond the initial setup.
To support the process of aging in place in rural communities, rural aging in place programs can sustain program funding through:
- Contributions from partner organizations
- Funding from grants and contracts
- Analysis of return on investment and/or assessment of the monetary benefits of the programs
Here are examples of organizations and grant programs that have funded aging in place activities:
Older Americans Act
This federal program included funding for the Community Innovations for Aging in Place Initiative, which awarded grants to community organizations to identify strategies that support aging in place.
The Health Resources Services Administration (HRSA)
Provides healthcare services to the uninsured, isolated, and/or medically vulnerable. HRSA funds different types of care coordination that can help support aging in place through the Federal Office of Rural Health Policy Community Programs.
U.S. Department of Health and Human Services (HHS)
Distributes grants and contracts to state, territories, tribes and non-government agencies. HHS also provides local resources through State Health Insurance Assistance Programs (SHIPs) to support older adults and their caregivers.
U.S. Department of Justice – Tax Incentives for
Provides tax incentives that can help cover the costs of implementing necessary changes to increase access to services for those with disabilities, which can include older adults who are aging in place.
Village to Village
A concept that is non-profit, consumer-driven, and person-centered. Their services create a network of organizations to help coordinate and deliver services and supports within their communities. AARP Public Policy Institute provides a fact sheet about The Village model.
Naturally Occurring Retirement
Community Supportive Service Programs (NORC-SSPs) in New York State
Provides support to maximize programs and health services that support aging in place. Through NORC's Health Indicators Initiative, aging in place supporters can offer resources to support high-risk clients.