It s All About Living! Resident Resource Guide. and. Application Packet. Rev. 6/18

Transcription

1 It s All About Living! Resident Resource Guide and Application Packet Rev. 6/18

2 01 Campus Overview Final Layout May Differ Slightly from Illustration

3 TABLE OF CONTENTS D Floorplan 3D Floorplan Campus Renderings Pricing Options Frequently Asked Questions Resident Application Notes All Images and Illustrations provided by project architect 02

4 2D Floorplan Final Measurements May Differ Slightly from Illustration HVAC UNIT BALCONY OR PATIO 8' - 0" X 4' - 0" LIVING ROOM 13' - 5" X 10' - 5" BEDROOM 11' - 2" X 12' - 10" KITCHEN 15' - 9" X 10' - 10" WALK-IN CLOSET 8' - 10" X 5' - 9" WASHER/ DRYER MASTER BATH 8' - 10" X 8' - 9" CLOSET DEN 8' - 5" X 8' - 8" ENTRY 7' - 4" X 7' - 8" POWDER ROOM 9' - 6" X 7' - 1" 03 WATER TANK

5 3D Floorplan Final Measurements and Design May Differ Slightly from Illustration BALCONY OR PATIO BEDROOM LIVING ROOM KITCHEN WALK-IN CLOSET WASHER/ DRYER MASTER BATH CLOSET ENTRY DEN POWDER ROOM 04

6 Campus Renderings Final Measurements May Differ Slightly from Illustration Living Space Courtyard 05 Lounge

7 Pricing Options Choose the best option for you. Terrace Place at Vincentian: Fee Schedule Option Entrance Fee Monthly Rent #1 #2 #3 Double Occupancy $100,000 (Amortizing*) $138,759 (70% Refundable) $41,750 (60% Refundable) N/A $2,175 $2,675 $3,350 $425 Pricing above is guaranteed for reservations received through August 31, 2018 *Amortizing Options Will Be Refundable % Nonrefundable % Immediately (10% recognized) 90.0% 10.0% End of 1st Year 65.0% 35.0% End of 2nd Year 40.0% 60.0% End of 3rd Year 20.0% 80.0% End of 4th Year 10.0% 90.0% End of 5th Year 0.0% 100.0% 06

8 Frequently Asked Questions 07 When will the first residents be able to move in to Terrace Place at Vincentian? Construction is expected to be complete in early We expect that residents will be able to move in starting around February Construction updates, and a live webcam, are available on our Facebook page and online at TerracePlace.org. How many apartments are at Terrace Place? Terrace Place will have 91 apartment homes spanning three floors. The first floor will have garden level apartments with a patio; the second and third floors will have balconies with metal railings. Are there different floorplans available? All apartments will have the same floorplan as shown in this guide. The only difference is a patio for first-floor apartments and a balcony for second and third-floor apartments. Can I choose my apartment location? Absolutely! Apartments will be reserved on a first-come, first-serve basis, so we encourage you to get your reservation in soon. What is included with my rent? Your rent includes all utilities, free WiFi internet, refuse collection and all maintenance to the grounds and your apartment home. The resident is responsible for their television and landline phone package. No additional or hidden fees associated with meal plans, campus conveniences or other service fees will ever be charged at Terrace Place. Once I move in, how long will my rent stay the same? The rent you begin paying will stay the same through at least June Historically we have increased rent at Vincentian Villa (our other independent living community) by less than 3% per year. I have heard that Terrace Place will be adaptive. What does that mean? Each apartment will be equipped with smart technology that will help you control things like your lights and temperature from a remote control or smart device. Bathrooms are designed with extra help available, like grab bars, should you need it. Vincentian is currently exploring partnerships with home health and other healthcare agencies to bring services you need directly to you. Do you allow pets? Yes. Pets of up to 40 pounds are welcome at Terrace Place, as long as your pet is not a nuisance to your neighbors. There is a one-time pet fee of $250 that will be payable with your first bill. How many elevators will be on site? There will be two elevators located on either side of the common area. Is there free transportation provided? Yes. Scheduled transportation within a five mile radius of Terrace Place at Vincentian is available. Regularly scheduled outings and trips to the grocery store are also scheduled.

9 Frequently Asked Questions Will I be able to pick my own colors for my apartment? On a first-come, first-serve basis, kitchen cabinet color options will be available. Once you move in, you are free to customize painting, furniture, etc. to your liking; however, the apartment will need to be returned to its original condition and format after you move out. Any customizations are the responsibility of the resident. Depending on the work required, costs associated with this may be billed to you. What kind of flooring and appliances will the apartments have? The master bedroom will be carpeted. All other areas will have hardwood Luxury Vinyl Tiles. The appliances include a range, dishwasher, microwave and refrigerator and will all be stainless steel. Each unit will include a stackable washer and dryer in the large master closet. Will the apartment windows have blinds? All apartments will feature slatted blinds that can be fully raised, lowered and tilted to each resident s convenience. Will there be covered parking? All of the parking at Terrace Place will be surface parking. There will be parking areas for residents and guest/visitor parking. There are ample parking spaces for all and there will be no assigned parking. The parking lot is designed to be able to accommodate covered carports should there be excessive demand for that from our residents; however this is not part of the initial grand opening plan. Will there be valet parking? Valet parking may be available during inclement weather; however there will not typically be valet service available. Will Terrace Place be a secure building? Yes, guests will have to be buzzed in, and there will be a video security system in public areas of the campus. The details of the security system are currently being finalized. Will there be resident storage areas? In addition to storage in closets and pantries inside apartments, each unit will have an on-property storage area separate from your apartment. What about religious services? Free transportation is available to daily mass at Vincentian Home. We will also accommodate transportation to area places of worship based on availability and interest. What kind of community space will be offered at Terrace Place? The common area will have a large lounge, self-service bar and grab-and-go café, along with ample room for groups large and small. A multipurpose room will host classes such as yoga, painting, dance and presentations like movies and musical performances. The outdoor courtyard will also be used to host events. 08

10 APPLICATION FOR RESIDENCY to Terrace Place at Vincentian Operated by Vincentian Regency Ministry of the Vincentian Collaborative System APPLICATION GENERAL INFORMATION Please type or print 10/19/17

11 1. Name in full Spouse or co-occupant 2. Address 3. Telephone Date of Birth Spouse / Co-occupant Date of Birth 4. Presently Residing In own home In an apartment With friends or relatives Hospital Nursing Home Other 5. Social Security No. Medicare No. Spouse/Co-occupant SS No. Medicare No. 6. Hospitalization Group No. Agreement No. PLEASE INCLUDE A COPY OF YOUR INSURANCE CARDS AND SOCIAL SECURITY CARD WITH THIS APPLICATION 7. Marital Status: Single Married Widow Widower Divorced 8. Name and residence of children, relatives, responsible party, power of attorney, executor of will to be contacted in an emergency: NAME RELATIONSHIP ADDRESS TELEPHONE a. b. c. d. e. 9. Will you bring a car? YES NO If yes, how many? 10. Will you bring a pet? YES NO If yes, what kind? NOTE: There is a one-time pet fee of $250 due at move-in 11. Do you smoke? YES NO TERRACE PLACE is a smoke-free community. I understand that this application does not obligate me to enter TERRACE PLACE, if accepted, nor does it obligate TERRACE PLACE to accept me. Please mail your completed application to: Terrace Place Sales and Reservation Office 8250 Babcock Blvd Pittsburgh, PA

12 FINANCIAL REPORT ASSETS PLEASE PROVIDE COPIES OF STATEMENTS FOR ALL FUNDS LISTED Statements should include: name of financial institution where account is held, owner of account by name, description of the type of account, value of the asset, maturity date (when applicable), and all other relevant information. Statement should be the most current available. NAME ASSETS ADDITIONAL INFORMATION VALUES Real Estate Jointly owned YES/NO $ Real Estate Checking (primary) Checking (secondary) Saving CD CD CD CD Long-term Care Insurance Institution Institution Institution Institution Institution Institution Institution Total Value of Policy Stocks Stocks Stocks Bonds Annuity Other Assets Description TOTAL ASSETS Life Insurance Life Insurance Beneficiary: Beneficiary

13 FINANCIAL REPORT MONTHLY INCOME/LIABILITIES NAME INCOME Are you currently working? Estimated Retirement Date? YES / NO MONTHLY N/A Income from employment $ (if currently employed) Social Security (first person) $ Social Security (second person) $ Pension (first person) $ Pension (second person) $ Interest $ Dividends $ Other $ TOTAL $ LIABILITIES Loan $ TOTAL Mortgages $ Credit Card Debt $ Taxes $ Other $ TOTAL $ Gifts given in to others in last 5 years $ Other $

14 Do you have a prenuptial agreement? YES NO Do you have an irrevocable burial trust? YES NO Is anyone other than you responsible for your financial YES NO information? If so, who? Name: Phone: Address: I AUTHORIZE TERRACE PLACE TO CONTACT THE FINANCIAL INSTITUTIONS IDENTIFIED ON THIS APPLICATION TO OBTAIN INFORMATION REGARDING MY ASSETS AND INCOME, AND I HEREBY AUTHORIZE THE FINANCIAL INSTITUTIONS TO RELEASE ANY INFORMATION TO TERRACE PLACE. THE ABOVE INFORMATION IS TRUE AND CORRECT TO THE BEST OF MY KNOWLEDGE AND BELIEF. I UNDERSTAND THAT PROVIDING FALSE INFORMATION MAY RESULT IN THE DENIAL OF MY APPLICATION AND/OR THE TERMINATION OF THE RESIDENCE AND CARE AGREEMENT AFTER ADMISSION TO TERRACE PLACE. DATE SIGNATURE OF APPLICANT / REPRESENTATIVE Please include a non-refundable $150 application fee (check made out to Vincentian Regency) when submitting your application. Vincentian Regency will operate a continuing care retirement community and provides housing for persons 55 years of age and older in its residential living units. Vincentian Regency conducts its operations in accordance with the Fair Housing Act (The Civil Rights Act of 1968, as amended by the Fair Housing Amendments Act of 1988). Vincentian Regency does not discriminate against any person because of race, color, religion, sex, national origin, or handicap in the provision of housing. TP-RGAP

15 THIS SPACE FOR USE OF TERRACE PLACE ONLY Date application was received Date check received Date application sent for approval Date application approved -- OR -- Date placed on waiting list Date entered TERRACE PLACE

16 NOTES 15 It s All About Living!