RALEIGH, N.C. – State Employees’ CU said its SECU Foundation is providing a 10-year, $2.5-million, low-interest loan to assist with the construction of a Program for All-inclusive Care for the Elderly, or PACE facility in Pittsboro, N.C.
Under development by Piedmont Health Services, Inc., the facility will provide services exclusively for older adults who meet state eligibility criteria for nursing home-level care. The new, 4.5-acre rural site in Pittsboro will serve residents of Chatham, Lee and southern Orange counties.
PACE said it is a self-sustained managed care program that focuses on caring for older individuals with chronic care needs and their families/caregivers in the community, rather than in long-term facilities. PACE serves individuals who are age 55 or older, are certified by their state to need nursing home care, are able to live safely in the community at the time of enrollment, and live in a PACE service area.