That is more than many states, but the amount the counties pay is capped and does not increase with inflation. (news.wbfo.org)
It allows low - income single seniors more freedom of choice with their finances, while knowing they will receive a guaranteed monthly benefit that will increase with inflation over time. (moneysense.ca)
In other words, had the mortgage payment increased with the inflation rate, the payment would be nearly $ 1,700 per month. (allfinancialmatters.com)