Part of the recent news and commentary about Barack Obama’s relationship with real estate financier Tony Resko has to do with a senior housing apartment complex down on the south side of Chicago. Part of the controversy surrounding the Obama / Resko affair has to do with letters of support that Obama wrote in support […]
Category: Senior Living
Affordable housing in California continues to be a hot topic, especially when it comes to senior housing for low income seniors. A 75 unit apartment complex called the Sahara Senior Villas is nearing completion in Hemet, California. This project will be the area’s first affordable, low-income housing for seniors in the area with rents ranging […]
The former Discovery Water Park in Barstow, Arizona is about to get a major make over when it turns from a water park with slides and wave pools into a 1,400 unit gated community for seniors over 50. Some of the kiddie slides and the lazy river will be kept for resident’s use. Plans are […]
As Seniors get older, one of the most prevalent social groups that are important as part of a community is the church and religious affiliations that are part of senior’s lives. A white paper was recently released that describes how many churches are doing to prepare for the wave of seniors that are retiring and […]
One of the major questions that many seniors have is should they pay off their mortgage with savings or with proceeds from some of their retirement accounts. The answer to that question is highly dependent on their needs, goals and retirement balances. Some financial planners recommend funding future mortgage payments by purchasing an annuity. This […]
In February 2009, analog TV broadcast will end and TV sets that are not able to display digital only television signals will cease to operate. This is for people who don’t receive television signals from cable, satellite or other pay television service. It is estimated that only 15 million households in the United States have […]
The Fountain City, Indiana Lions Club broke ground last week on their $1.1 million dollar low-income, senior housing project. The club worked for 3 years to secure the property, financing and permits to build the 12 units project. Units are available to seniors over 62 years of age and that earn 40-60% of the area’s […]
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