Many retirement communities offer assisted living. In congregate living arrangements, residents still live in an apartment but one meal per day and social activities are shared, and housekeeping may be provided. Cooperative Housing Cooperative housing is designed to provide fully accessible homes for independent living, with basic support services. The residents are the homeowners and are cooperative shareholders and owners of the buildings and grounds, and govern its operations. Ideal for the older adult wanting to remain in control, but also wanting the benefits of close neighbors with similar interests.
Some fees are partially refundable according to prearranged published terms.
Some CCRCs guarantee lifetime continued care for as long as you reside in the community. Some hospitals offer private rooms on a temporary basis for those who cannot go home, but do not want to move into a continuing care facility. Retirement Community A retirement community offers housing for older adults with organized amenities such as transportation and social activities. On-site meals, banking, health screening, pharmacy, and sundry shopping may be available. All require monthly rental fees with varying lease terms, security deposits, and rental agreements.