A ribbon‑cutting at Addison Horizon Senior Living in Addison celebrated the opening of 62 affordable independent living units for seniors, officials said. Alden Foundation representatives, DuPage County and state housing officials joined local leaders for a tour and remarks about affordability and design features.

The Alden Foundation’s president, Joan Carl, said the organization’s 35‑year mission is "to preserve and expand affordable housing opportunities for seniors," and welcomed residents and partners to the new community. A DuPage Housing Authority representative thanked attendees and DuPage County officials for supporting the project.

DuPage County funding and affordability commitments were highlighted by a county representative, who said the DuPage County Board invested through the HOME Investment Partnerships Program an amount rendered in the transcript as "5,225,000.000." The transcript formatting was ambiguous; the figure is presented in this article as $5,225,000 based on the likely intended number in the statement. County remarks said 30 units will remain affordable to low‑to‑very low‑income seniors with long‑term affordability guaranteed for 20 years and that 6 units will be supported by project‑based vouchers.

An Illinois Housing Development Authority board member noted IHDA’s financing role in the region and described IHDA as "a bank with a heart," saying the agency has financed hundreds of affordable rental homes in DuPage County and statewide. A developer representative called Alden Group "one of the top senior developers in the state" and estimated the project cost at about $35 million.

Tour speakers described unit and building features. An Alden Group representative said all units have an open‑concept living area and kitchen, are configured as one‑ and two‑bedroom layouts with one bathroom, and include accessibility features such as lowered cabinets and removable trim for wheelchair access. The building is all‑electric (including electric HVAC units), and according to tour remarks residents are responsible for electric service through ComEd and any cable or phone provider; other utilities are included in rent. Each resident receives a storage locker; laundry rooms with accessible front‑loading machines are available on each floor, and there are two elevators serving the building. Common areas include a game room, media room, community room with a full kitchen, and a large gated patio (smoking is prohibited on property).

Lucille Zucchero of Addison Community Television introduced local leaders on camera and named Mayor Richard Veenstra and property owner Mike Lulo as key figures in bringing the project to Addison. Alden family representatives noted the firm is a third‑generation, family‑owned developer that began as a general contractor in the 1960s.

The event concluded with a formal ribbon cutting and a public tour of the facility. Officials said the development will help seniors remain in the community near family and services; no votes or formal municipal actions were recorded at this event.