A housing alternative for seniors in which a tenant is given the right to live in a dwelling unit in return for an upfront payment and monthly maintenance fees is called __________________

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Life lease housing is a type of housing where a tenant pays an upfront payment and monthly maintenance fees to live in a dwelling unit for the rest of their life. It is a popular housing alternative for seniors looking for a long-term and affordable housing solution. Retirement homes and adult retirement communities are different types of senior housing that offer additional services and amenities, while the Home Adaptations for Seniors' Independence Program and the Residential Rehabilitation Assistance Program are government programs that provide financial assistance for seniors to adapt or repair their homes.

A Housing Alternative for Seniors in Which a Tenant Is