VILLAGE COMPANY 360 GLOSSARY
What we mean by certain terms we use.
“Big-V” Village (or formal village):
A village—care community—operating within a legal structure.
Care economy:
A care economy means the exchange of care services and supports.
Community:
A group of three or more united for a cause or around an organizing idea.
Cluster Care:
An approach to home care that allows many people living in proximity to be served by one worker or team.
Medicaid spend-down:
Medicaid is a joint federal/state program that helps cover medical costs for certain people with limited income and resources. Each state has different eligibility requirements, with some allowing people to “spend down” assets on medical expenses to qualify.
Solo Ager:
An adult, or couple, aging without the support of children or other close relatives.
Supportive Housing:
Traditionally, supportive housing refers to affordable rental housing with onsite services. We would like to see supportive services become standard in all multifamily housing.
Tiny village:
A care community comprised of 3 to 5 people.
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