Financial Programs

Affordable Program

Orchard Hill at Sudbury offers nine (9) apartments as affordable units. Under the program, the affordable units will be occupied by persons eligible to participate in the Low Income Housing Tax Credit (LIHTC) Program. In order to qualify for an affordable unit at Orchard Hill, the applicant must first meet the financial eligibility criteria under the Affordable Program. An applicant’s annual 2023 income (for one person) may not have exceeded $51,950. An applicant’s annual 2023 income (for two people) may not have exceeded $59,400. 

Residents participating in this program are required to provide Orchard Hill (initially and annually) with copies of their personal income tax returns and/or other documentation as needed to verify information on the Move-In Certification and annual Re-Certification forms. In addition, all applicants are subject to the normal reference checks and application approval process. Please contact our business office for complete details regarding the program by calling (978) 443-0080.

Allowance for Aid and Attendance or Housebound Veterans

A Veteran who is determined by the VA to be in need of regular aid and attendance of another person, or a Veteran who is permanently housebound, may be entitled to additional disability compensation or pension payments. A Veteran evaluated at 30 percent or more disabled is entitled to receive an additional payment for a spouse who is in need of regular aid and attendance of another person. The Department of Veterans Affairs provides an Aid and Attendance Pension to eligible wartime Veterans and their surviving spouses, which may help offset the expense of residing in an assisted living community. If a Veteran qualifies, Aid and Attendance Funds are provided, in addition to monthly pension and Social Security benefits.

Veterans may qualify for as much as:

• Two veterans married: $3,536 per month

• Married veteran: $2,642 per month

• Single veteran: $2,229 per month

• Surviving spouse: $1,432 per month

For more details, please reference Aid & Attendance.

Long-term Care Insurance

Unlike traditional health insurance, long-term care insurance is designed to cover long-term services and supports, including personal and custodial care in a variety of settings, such as your home, a community organization, or other facility.

Long-term care insurance policies reimburse policyholders a daily amount (up to a pre-selected limit) for services to assist them with activities of daily living such as bathing, dressing, or eating. You can select a range of care options and benefits that allow you to get the services you need and where you need them.

The cost of your long-term care policy is based on:

• How old you were when you bought the policy
• The maximum amount that a policy will pay per day
• The maximum number of days (years) that a policy will pay
• The maximum amount per day, times the number of days, determines the lifetime maximum amount that the policy will pay.
• Any optional benefits you choose, such as benefits that increase with inflation
  

Individuals in poor health or already receiving long-term care services may not be eligible to purchase long-term care insurance, as most policies require medical underwriting. In some cases, it may be possible to buy a limited amount of coverage, or coverage at a higher “non-standard” rate and some group policies do not require medical underwriting.

Many long-term care insurance policies have limits on how long or how much they will pay. Some policies will pay the costs of long-term care for two to five years, while other insurance companies offer policies that will pay long-term care costs for life, no matter the cost of care. However, there are very few policies that offer this type of coverage. 

For complete information on long term care insurance, visit lifehappens.org.