Archive for February, 2012

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Ellen’s Success Story

Saturday, February 25th, 2012

Having raised her family on the North Shore, Ellen returned to be near family and look for a job. She’s sharing a home in Evanston, and takes care of the family dog while the owner is away. “This was a very economical way to have housing – I had a choice of very nice homes,

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Roommate-finder doesn’t facilitate discrimination, court rules

Saturday, February 25th, 2012

The LA Times discusses this latest court ruling and how it affects Shared Housing. “Roommate-finder doesn’t facilitate discrimination, court rules The 9th Circuit Court of Appeals finds Roommates.com and services like it aren’t obligated to force unwanted roommates on their clients. ‘There’s no place like home,’ the court says.” The residential matchmakers at Roommates.com aren’t engaged

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Will Reverse Mortgage Underwriting Disqualify Borrowers With Boarders?

Saturday, February 25th, 2012

Reverse Mortgage Daily speaks with Rebecca Sheppard, program director for homesharing at St. Ambrose Housing Aid Center in Baltimore, about how Shared Housing affects reverse mortgage underwriting. “With new underwriting requirements emerging among reverse mortgage lenders that consider a borrower’s income and credit history, a particular segment of the reverse mortgage borrowing population may become

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Home Sharing Programs Work to Postpone Long-Term Care for Seniors

Saturday, February 25th, 2012

Senior Housing News has posted an informative article article on how Home Sharing Programs work to postpone long-term care for seniors. “In an effort to help older Americans stay in their homes rather than move into long term care facilities, home sharing programs are continuing to help seniors age in place rather than enter long

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Mary & Gloria’s Success Story

Saturday, February 25th, 2012

Mary is an elderly female who was interested in finding two roommates for her 3BR apartment.  She wanted to charge $1,000 per room.  After being introduced to Gloria, who could afford only $700, Mary decided to reduce the rent and invited Gloria to live with her.  The two enjoyed each other’s company so well that

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Shared Housing for Seniors Takes the National Stage

Friday, February 24th, 2012

On August 10, 2011, as part of a weeklong conference in Atlanta, GA, NeighborWorks® America hosted a full-day symposium entitled “Ensuring Safe, Healthy Homes and Communities for Our Seniors.”  Rebecca Sheppard, NSHRC Co-President and Program Director at St. Ambrose Homesharing in Baltimore, MD, served as a panelist addressing the issue “What is Aging in Place?”

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NSHRC National Survey

Friday, February 24th, 2012

This past spring, the NSHRC conducted a survey of all match-up homesharing programs. Here are some of the highlights from the survey results: Average program budget: $200,000 Budget breakdown for past year: 46.5%  Public/government funding 16.6%  Private foundations 15.7%  Private benefactors 7.1%  Donations 10.9%  Fees for Service 3.1%  Other Average number of matches last year:  71

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