I am his daughter and have relocated to his home to take care of him. I sold my home and vacated my job to undertake this responsibility. My financial status has been put in jeopardy. My desire is to be compensated for providing 24/ 7 care. What agencies can I get assistance with in pursuing this objective.
Some states do have programs where a relative is paid for taking care of a LO. Check your local Office of Aging. Then call around to the care agencies and see if they sponsor this program.
I know of no government agency that would pay a grown child for 24/7 care. Medicaid [which is different from Medicare] might pay you for a few hours each day which would be minimal. Medicaid has found it is less expensive to the taxpayers [which helps fund Medicaid] to place a love one into a nursing home, if the love one needs a lot of care, then to pay for home care.
Can your father pay you? If so, have a care agreement in place, so there would be no question in the future whether you were being paid or gifted.
If your father went on Medicaid and lived in a care center appropriate to his needs, could you resume your career and afford to keep the house that way? Or support yourself in a different location? Then you could visit Dad often and support him as his advocate.
Or Medicaid could pay for Dad to be in an adult day care program while you work, and/or to pay for in-home care, so you could resume your career but still live with Dad.
I think you would do well to consult an attorney specializing in Elder Law to understand all your options, how Medicaid impacts home ownership, etc.
We really and truly do not have a practical and equitable system of caring for our elders, especially now that they are living so much longer. It sucks. I hope you can arrange the optimal situation under the circumstances. A lawyer can help with that.