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FUNDING FOR AFFORDALE SENIOR HOUSING <br />(SERVING OUR SENIORS) <br />Position: <br />The Washington County Community Development Agency (CDA) is seeking the support of the Washington <br />County Board to aid in lobbying the State of Minnesota for the creation of programs and policies to <br />facilitate the construction of new affordable senior housing units. <br />Issue: <br />As the population of Washington County ages and as people live longer, demand for senior housing <br />options is growing. More individuals are seeking homes that require less maintenance and facilitate the <br />cost-effective provision of services that enable seniors to age in place safely. <br />The number of residents over the age of 65 is growing rapidly. In just the next five years, Washington <br />County's population ages 65 and over will grow by nearly one-third. Roughly 10,000 additional residents <br />will fall in this age category. The population of residents between ages 55 and 64 will grow by an additional <br />ten percent. <br />It is estimated that the most difficult to serve will be older adult households "in the middle", those who <br />cannot afford the high cost of private pay, market rate senior housing because they are unable to find <br />vacant, affordable, age -restricted housing. Many choose to stay in a home that is too large and presents <br />physical and financial burdens to maintain. <br />Further, the practical constraints faced by private developers in terms of financing often means that our <br />poorest residents do not get served at all absent some type of assistance or intervention from the public <br />sector. <br />State -level policy has become more favorable to affordable senior housing in recent years. We have seen <br />increases in support for housing infrastructure bonds, though state allocation criteria has historically <br />disadvantaged senior housing proposals, instead preferring a more universal housing design that is <br />targeted at younger families. <br />The CDA has met with leadership at Minnesota Housing to discuss this issue and has partnered with other <br />housing agencies in the state to commission a special report (published in 2014) on the senior housing <br />market that clearly defines the housing needs for our low-income seniors throughout the state. <br />Support and Opposition: <br />The broader community of agencies and non-profit groups coordinated through the Homes for All <br />coalition has been effective in lobbying for record -level state support for affordable housing. Many of <br />those organizations will be supportive of these efforts as well. Opposition may come from certain groups <br />within that coalition if those groups perceive that funding for senior housing may come at the expense of <br />funds supporting their particular niche. There may also be general opposition from those who choose to <br />believe that the affordable housing crisis can be solved without assistance from state and local housing <br />agencies. <br />Minnesota Housing is also supportive of allowing affordable senior housing as an eligible use of housing <br />infrastructure bonds, which would provide another potential source of assistance. <br />31 <br />