For the first time in approximately 50 years, the Aurora Housing Authority is developing a new subdivision, – and this one is a unique, affordable, community for senior citizens.
The new 1449 Senior Estates subdivision will have 70 new ranch units, 50 duplexes and 20 single-family residences with attached garages. The neighborhood will have a clubhouse with a large activities room, a fitness center, and a media center. The 12-acre site will have pickleball courts, an outdoor community area, and on-site management offices.
Developed by a partnership between the Northern Lights Development Corporation and Hope Bound Development Corporation, the active senior development will be limited to residents 62 years old or older, with income eligibility of $15,000 to $45,000 a year.
The partnership is investing $23 million in private money raised from the Bank of America, the National Equity Fund, and the Illinois Facilities Fund.
—City of Aurora government