Over the next 25 years, the number of Americans over 65 will double. This growing need urges us to invest in the enterprises that provide critical and support services that we all need to age strong.
In 2015 we joined forces with AARP, AARP Foundation, and Capital Impact Partners to launch Age Strong. Together we seek to channel $70 million to organizations across the U.S. that provide critical services for people over 50.
We offer investors the opportunity to support this work through their investment in the Community Investment Note. In turn, Capital Impact Partners is working to deploy this capital to impactful organizations that serve the aging.
Impact story
Residents of the Washington County Nursing Home in Akron, Colorado will soon begin their move from an outdated nursing home to four newly-built Green House homes.
The existing nursing home building is not well-suited to long-term elderly care. Built as a hospital in the 1950s and converted to a nursing home in the 1990s, the facility is poorly lit, inaccessible, and lacking in privacy.
For Vida, a resident of the home for three years, these inconveniences have become routine. Helen, on the other hand, has only lived in the old building for a month, having moved in specifically to secure her place in the new Green House homes. Likewise, Jenny has only lived in the home for three months, after being transferred from a hospice program in a neighboring town.
They are all looking forward to having more independence and personal space, and more natural light. Jenny was particularly excited about better temperature control in the building, as she has become sensitive to overly cool and hot temperatures.
The four Green House homes being built in Akron will be able to house ten residents. All of the current residents will be moved into the new rooms, and those who have been on a waiting list to join the nursing home will fill the remainder of the spaces.
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