Meanwhile, the Jefferson Area Board for Aging (JABA) is making its own investments in senior living. It broke ground in May on its 27-unit Timberlake Place Development. The development is part of the increased effort to create accessible homes and neighborhoods for a rapidly growing senior population.
JABA CEO Gordon Walker said, "We know the demand is out there, it's challenging to put the finances together, but once we figure that out, we think it provides a pattern that we can replicate elsewhere."
JABA hopes to continue creating what they call, "pocket neighborhoods" like Timberlake Place, inside existing communities, and aims to open one every year for the next several years pending adequate financing.
There are also state tax credits available for up to $5,000 to retrofit homes for accessibility.
Click here to learn more about the qualifications for that credit.
Senior Living Developments Work to Meet Demand of Growing PopulationMore>>
Ed joined the NBC29 news team in May, 2011. A Charlotte, NC, native, he graduated from the University of North Carolina at Chapel Hill with degrees in journalism and political science.Full Story
Ed joined the NBC29 news team in May, 2011. A Charlotte, NC, native, he graduated from the University of North Carolina at Chapel Hill with degrees in journalism and political science. Email/Follow on Twitter/ Full Story