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Senior Citizens' Housing Options in Foster City

A look at the housing options for senior citizens in Foster City.

For 11.4 percent of the city's residents already in their retirement (Source: California Demographic 2010 Census) and close to 51.5 percent who will be nearing their retirement within a decade, it goes without saying how crucial it is to think and read about senior citizens' housing options, as offered by Foster City. At the same time, it is essential for the City, too, to reassure them that it cares.

Foster City, being one of the nation’s safest cities, currently inhabits 30,567 people (according to the 2010 Census), belonging to all age groups.

Overall, the following are some existing senior citizens' housing options available in Foster City:

  • Rental Programs - There are four rental developments - namely Metro Senior Apartments, Foster’s Landing, Marlin Cove and Miramar - all of which provide below-market rate units in Foster City (Source: Fostercity.org). The Pilgrim Triton development is under construction and will include 300 below-market-rate units. Additionally, Metro Senior Apartments reserves all 60 of its units for senior citizens. Plus, there are six below-market-rate units at Emerald Bay, which do not have any waiting list. Anybody interested can contact the local realtor and let the realtor know that they are interested in purchasing one of these units. You need to ensure that your realtor keeps watch on the multiple listings and lets you know when the Below Market Rate (BMR) units come up for resale. The realtor should contact both the Foster City Community Development Agency and the realtor representing the person selling the unit immediately and help out with the purchase.

The following table illustrates the number of units available for each income category.

Foster City Below-Market-Rate Rental Units by Income Category
($) Income Category

Income Category

Very Low Income

Low Income

Moderate Income

Foster's Landing

30

22

22

Metro Senior Apartments

54

6

0

Marlin Cove

56

0

28

Miramar

 32

 0

 16

Pilgrim Triton Phase I (under construction)

15

40

5

Source: Fostercity.org

  • Home Share Matching Program - Foster City also offers a home share matching program. The Foster City Community Development Agency, owning eight units reserved for large families (four or more people), contracts with the Human Investment Project (HIP) to administer a Shared Housing Program. It matches, through a careful interview process, those wishing to provide affordable housing in a shared situation with those seeking affordable housing in a shared situation. Both parties benefit with the companionship that this program offers. Plus, homeowners providing housing are benefited by the rental income received and, renters are benefited by a reduced rent amount. Win-Win for both!

Foster City can in the future offer relatively newer concepts of senior citizens' housing options e.g. Village Concept, which enables active seniors to remain in their own homes without having to rely on family and friends. Members of a “village” can access specialized programs and services, such as transportation to the grocery store (e g. The existing Foster City Red and Blue Shuttle Service), home health care, or help with household chores, as well as a network of social activities with other village members. The cost of membership of this concept, available in other cities,varies according to area and the level of services required, but is often in excess of $500 a year.

Seniors also have other options like:

1) Independent living

2) Assisted living

3) Continuing care retirement facility

4) Nursing homes

They can also

1) Rent a room,

2) Rent their home, or

3) Have a reverse mortgage. With this, they can pay off the small remaining mortgage in return for cash through your retirement years.This is helpful for those having a fixed income and those who want to live in their own home. A reverse mortgage is based on the equity they have in your home and, does not require any payments while they are still living in the home.

Additionally, for those seniors who are complete work-alcoholics, nearby stores like Home Depot, Toys R Us and Staples are always on a hunt to hire senior citizens. Internal transportation to and from these companies is available through the Foster City Blue and Red Line Shuttle Service, and the Samtrans Bus Service.

Love what you just read? Or do you have another opinion? Share your thoughts below and let me know!

This post is contributed by a community member. The views expressed in this blog are those of the author and do not necessarily reflect those of Patch Media Corporation. Everyone is welcome to submit a post to Patch. If you'd like to post a blog, go here to get started.

Phyllis McArthur June 12, 2012 at 08:39 PM
I DO love what I just read! This is exceptional information, thanks very much. One problem though, I have been trying to contact the Pilgram/Triton people and cannot get any information for a friend of mine that is looking into this type of housing. Any thoughts?
Priyanka Lalwani June 12, 2012 at 09:22 PM
Thanks.Appreciate it.You can call 650 (dot) 286 (dot) 3239.I got this number for Housing Options in Phase A of the Pilgram / Triton.Let me know if it works for you.
Charlie Bronitsky June 14, 2012 at 02:01 AM
There is a Foster City Village being formed and expected to be up and operational in the fourth quarter of this year. We started the project last year and it is gaining great momentum. In addition, the 15 acres is currently undergoing evaluation by a developer for a senior living facility which will include owned and rented units, independent living and assisted living and hopefully unless the State of California takes more of our money, affordable housing for those in need. We on the City Council in Foster City are actively working towards increasing the housing and facilities options for our senior citizens.
Priyanka Lalwani June 14, 2012 at 09:28 PM
Thanks for the update , Charlie.Appreciate it.
Phyllis McArthur June 15, 2012 at 08:48 PM
Hi I left a message today and I'll let you know how it goes
Patricia Player Maxwell July 07, 2012 at 10:32 PM
The Foster City Village concept is taking the whole aging process to a new level. started in Beacon Hill Boston in 1999 and up and running in 2002 was the beginning of this idea.. The idea of villagers helping villagers is not a new concept our parents in their small towns did all the time, but over time this has been lost and is now once again gaining momentum. If your neighbor is unwell, you offer help, make dinner, help with shopping, doing errands, giving a ride to the Doctor and check in with them either by phone or a short visit. That's what we need when our families are far away and we feel alone. Just knowing someone is there watching out for us available if needed. Villages allow for the folks who are the villages to promote and provide for one another. Socially stimulating, putting together mutually enjoyed activities and outings. i and my fellow organisers and committee see this as a future for our Foster City Village. We are looking for folks to join us as volunteers and as members. we have a phone # 650-378-8541website www.fostercityvillage.org, we have a facebook page https://www.facebook.com/FosterCityVillage and we will have 2 presentations this month - Thursday, July 26 at 10:00 and Monday, July 30 at 1:00 in the Wind Room please join us. Patricia player Maxwell
Priyanka Lalwani July 09, 2012 at 11:58 PM
Thank you Mr.Maxwell.The information that you provided is extremely resourceful and encouraging.

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