Combining independent living, assisted living and skilled nursing homes, Continuing Care Retirement Communities, or CCRCs, seek to meet residents’ needs at each life stage. A resident may enter the facility in independent living, but later move to assisted living according to their changing needs.
Alzheimer’s is degenerative brain disease which can lead to memory loss, speech imbalance, confusion/hallucinations, mood swings, and incontinence. Advanced Alzheimer’s patients often require 24-hour care. HUD 232 and 232/223(f) loans can finance memory care facilities, which specifically cater to Alzheimer’s and Dementia patients.