98 Central Street, Peabody, MA 01960
About Penelope 120 Senior Apartments
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A senior on a limited income who wants to stay independent rather than move in with family might consider Penelope 120 Senior Apartments, at 98 Central Street in Peabody, Massachusetts. The community provides independent living apartments through the HUD Section 202 Supportive Housing for the Elderly program, which serves very low income seniors age 62 and older and bases rent on income rather than a market rate.
Residents at Penelope 120 keep their own apartment and are responsible for meals, housekeeping and daily errands on their own; no personal care, medication management or nursing services come with the unit, since Section 202 is a housing program rather than a care program. AHEPA Senior Living operates the property as a nonprofit, and since 1996 has supported causes such as education access and vision care for the blind and visually impaired.
Applying generally means being 62 or older and falling under an income limit HUD sets for the area based on household size. Because income-restricted housing tends to draw more interest than there is space for, a waiting list is common, and how long it runs depends on how often current residents move out. Families should confirm current limits and openings directly with the property.
Households comparing Peabody options can also look at other senior living in Peabody to see how this income-based community fits alongside other choices nearby. Because Section 202 housing is federally funded, similar income and age rules apply to every building in the program, even though the exact income figure differs by location.
Care Types at Penelope 120 Senior Apartments
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Independent Living
Maintenance-free communities for active adults who want resort-style amenities, social activities, and the convenience of community living without daily care assistance.
Frequently Asked Questions
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What are the income requirements at Penelope 120 Senior Apartments? + −
Eligibility follows the HUD Section 202 program: applicants must be 62 or older and fall under an income limit HUD sets for the area based on household size. Limits are updated periodically, so ask through the Request Information form on this page for current figures.
What level of care is offered at Penelope 120? + −
Penelope 120 offers independent living only. Residents manage their own daily activities, and the program does not include personal care, medication supervision or nursing services. That distinction matters for families expecting daily hands-on help, since none of it is offered under this housing program.
What is included in the rent? + −
Rent is set as a share of household income under Section 202 and covers the apartment itself. Specific unit features and included utilities vary, so ask through the Request Information form on this page for details.
Are pets allowed at Penelope 120 Senior Apartments? + −
Pet policy here is not covered in the summary available. Families with a pet, or thinking about getting one, should ask through the Request Information form on this page before applying.
How does a family arrange a tour or apply? + −
Use the Request Information form on this page to ask about touring the community and beginning an application, including current openings and the waiting list. That conversation is also a good time to ask what documents an application typically requires and how long a decision usually takes.
What is the area around Penelope 120 like? + −
The community is located in Peabody, Massachusetts. For more detail on the surrounding streets and services, ask through the Request Information form on this page or visit in person. Visiting in person, when possible, is often the clearest way to get a feel for the surrounding streets and nearby services.
Learn More About Penelope 120 Senior Apartments
Contact us for pricing, availability, and to schedule a tour of Penelope 120 Senior Apartments in Peabody, Massachusetts.