What is a concurrent home?

This is a licensed foster home that would be open to adopting the children should the children not be able to return home.

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1. Do I have to own my own home to do foster care?
2. What kind of training or experience do I have to have?
3. Can I choose who I foster?
4. How long is care needed?
5. Will the family know where the child is placed?
6. What is a concurrent home?
7. How do I become a licensed provider?