Creative Ways to Pay for Assisted or Independent Living

How Topanga Gardens Helps You Stay Without the Stress

When families begin exploring assisted or independent living options for their loved ones, one of the first questions that comes up is:

“How are we going to pay for this?”

At Topanga Gardens, we understand the financial challenges that come with senior care. That’s why we offer flexible, creative payment solutions—including our exclusive Home Rental Assistance program—to help make your transition as smooth and affordable as possible.

1. Private Pay

The most common method—using savings, pensions, Social Security, or investment income to cover monthly care costs.

2. Long-Term Care Insurance

If your loved one has long-term care coverage, it may help offset costs for assisted living services. We’ll gladly help you understand your policy and submit documentation.

3. Assisted Living Waiver (Coming Soon)

We’re currently working toward approval for the California Assisted Living Waiver (ALW)—a Medi-Cal program that provides financial assistance for eligible seniors to live in residential care homes like ours.

4. Home Rental Assistance (Exclusive to Topanga Gardens)

Here’s what makes us truly unique.

If your loved one owns a home, we can help you rent it out and use the monthly income to pay for their care at Topanga Gardens—without having to sell the property or deplete family savings.

We partner with trusted local property managers to:

• Rent out the home

• Handle maintenance and tenant screening

• Maximize monthly income to help cover care costs

This approach lets you preserve the family home and afford high-quality care at the same time.

Let’s Build a Solution Together

Choosing a senior living community is more than a care decision—it’s a financial one, too. At Topanga Gardens, we’re committed to helping families find the right support, both emotionally and economically.

📞 Call today: (818) 325-6870📍 Serving the West San Fernando Valley including Canoga Park, Woodland Hills, and Reseda.

🔗 Want to learn more?

Read more about our services on our Assisted Living and Independent Living pages—or schedule a tour today.