Wheaton, United States
Senior Home Sharing, with the slogan "Your alternative to high-cost senior living," addresses the increasing demand for affordable senior housing in DuPage County. Founded in 1981, the organization aims to fill the housing gap for seniors aged 60 and above through its not-for-profit model, offering shared housing options in Lombard and Naperville, Illinois. The homes provide a family-style environment with private bedrooms for six to seven seniors, live-in manager services, and three home-prepared meals daily. With its lowest monthly fee at $1200 and an average fee of $1600, the organization targets affordability while ensuring a comfortable living environment for seniors.
The last investment, a $51.00K grant, was secured from the DuPage Foundation on 18 July 2023. This investment not only reflects confidence in the organization's mission but also signifies the support from local foundations towards addressing the pressing need for affordable senior housing. With a proven track record dating back to 1981 and a compelling response to the rising demand for senior housing, Senior Home Sharing presents an impactful opportunity for investors seeking to support a socially responsible and financially viable initiative in the United States.
