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Retirement Living

Fees

Three fee options are available for Retirement Living.

Resident Funded Units

Resident funded units are allocated at market value and paid through a loan to Helping Hand. When a resident leaves their unit, it is remarketed and Helping Hand retains a percentage of the loan.

Residents pay a weekly maintenance fee (debited monthly) which covers the services offered by the village, with the exception of general household expenses such as telephone, electricity and contents insurance.

Entry Contribution Units

A contribution amount is paid on entry, in exchange for the right to occupy the unit for life. A portion of the contribution amount may be refunded when the resident leaves the unit, depending on what is negotiated.

Residents pay a weekly maintenance fee (debited monthly) which covers the services offered by the village, with the exception of general household expenses such as telephone, electricity and contents insurance.

Rental Units

Rental units are income assessed, and allocated to those most in need. All residents pay weekly rent (debited monthly), which covers services offered by the village, with the exception of general household expenses such as telephone, electricity and contents insurance.

 

 

 

 

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