In the Industry, it is good to keep up with growing trends and
competition. In that regard, the Pioneer Valley Cohousing Community
in Amherst, Massachusetts is an example.
For now, cohousing communities are still a small part of the
senior living sector, but their appeal is increasing. There are 165
such communities nationwide, with another 140 in the planning
stages, according to the New York Times in an article published in the
Sunday, January 21st edition. They are single family
homes built with a multi-generational residents mix, with seniors
moving into their own homes while their children can move into
theirs in the same community. (Ready family daycare service!)
Residents pay into a fund to maintain facilities and agree on their
use. Residents own their own homes and can sell them when they so
desire. There is a community building where meetings and group
dinners are held on occasion. Most of the communities are set up as
homeowners associations, with bylaws
