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Garden Spot Village is a licensed, non-profit, faith-based continuing care retirement community in New Holland, Pennsylvania. [1] The facility is operated by Garden Spot Communities, Inc., a 501(c)(3) not-for-profit corporation, and it provides residential and health-care services for adults ages 55 and above. It employs about 500 staff members ...
Acts Retirement-Life Communities (Acts), based out of Fort Washington, Pennsylvania, is the third largest not-for-profit owner, operator and developer of continuing care retirement communities (CCRCs) in the United States. [1]
By contrast, New York City requires that a community must have at least 45 percent of housing units with heads of household 60 years old or older with a minimum count of at least 250 seniors, or that there be at least 500 older adults who are 60 years old or older (regardless of the percentage of housing units). [citation needed]
As for what’s in those accounts, by 2022, someone aged between 55 and 64 had a median debt balance of $90,000, according to data from the Federal Reserve’s Survey of Consumer Finances.
Independent senior living communities, also known as independent living communities, which offer no personal care services; [5] leisure or lifestyle oriented communities or LORCs, which include various amenities; [4] mobile homes or RV's for active adults; [5] subsidized housing for lower income older adults. [6] [better source needed]
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