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10-11-1999 Council Packet
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10-11-1999 Council Packet
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Wilder Research Center estimates that nearly <br />49,000 Twin Cities area seniors age 65 and <br />older (about 20 percent) have difficulty with <br />one or more of these daily activities. Most <br />people who have trouble with basic self-care <br />activities would also have trouble with <br />Instrumental activities. But many seniors need <br />help only with things like heavy housework, <br />and are otherwise able to live iiiUi-peiidently. <br />Senior housing supply <br />Current shortages appear to be not in overall <br />numbers, but in location, affordability, and <br />supportive services. <br />Wilder Research Center identified 670 senior <br />housing facilities in the Twin Cities area. <br />Those facilities have a total of about 54,000 <br />beds or units, including; <br />Disability rises sharply with age; it is more <br />than twice as common among seniors over 85 <br />as among those age 65 to 74. This will become <br />a major Twin Cities issue around 2030, as <br />Baby Boomers begin to reach age 85 <br />By 2025, more than 87,000 seniors may need <br />help with instrumental activities, assuming <br />disability lates remain about the same. At the <br />same time, fewer senio?>, «iay get the help <br />they need from family and friends. The <br />current esiimate is that about 80 percent of <br />seniors rely primarily on family and friends <br />for assistance. However, more and more <br />working-age adults are employed. <br />Owning vs. renting <br />A large maioritv of Tw in Cities area seniors, <br />83 percent, aa ,:omeowners. Sonte big <br />variables v shape future trends in senior <br />home ownership: <br />Seniors* resolve to remain in <br />their ow n homes <br />H )w well the home and <br />community accommodate <br />seni»)rs* changing abilities <br />Cost of home ownership <br />versus other housing options <br />Whether in-home services are <br />available and affordable <br />No one knows hew <br />mady seniors do not <br />use senior housing <br />because of issues like <br />location cast and <br />service options <br />■ 424 adult foster care beds <br />■ 1,477 boarding care beds <br />■ 1,948 board and lodging units with <br />supportive services available <br />■ 106 board and lodging units without <br />services <br />■ 1.415 condominium units <br />■ 1,528 cooperative units <br />■ 1,590 low- to moderate-price rental <br />apartments for seniors <br />■ 8,936 market-rate apartments for seniors <br />B 18,166 subsidized rental apartments <br />B 18,510 nursing home beds <br />To keep pace with senior population growth, <br />the Twin Cities area would need to add <br />another 62,000 new senior housing units by <br />2025. By that time, .some of today ’s senior <br />housing stock could also need substantial <br />improvement. <br />One problem with judging the adequacy of <br />the senior housing supply is that <br />most studies measure just the <br />actual use of senior housing — <br />occupancy rates. No one knows <br />how many seniors do not use <br />senior housing because o‘ issues <br />like location, cosf, and service <br />options. Even the current supply, <br />apparently iarge-“n< ugh, is not <br />BuOdhif^ toward the senior boom Wilder Resnirvh Center for East Metro SAIL
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