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The world's population is aging at a rapid pace. The U.S. Census Bureau states that, in the next 10 years, people over 65 will outnumber children under 5 for the first time.
People are living longer, and they're living on their own. At least two million low-income seniors currently live in independent, federally subsidized rental properties across the country, according to the Institute for the Future of Aging (IFAS), the policy research arm of the American Association of Homes and Services for the Aging (AAHSA).
