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Special Needs Housing <br />Special needs housing encompasses a diverse set of populations: those who are older and frail, those with mental and/or physical disabilities, <br />those with mental illness or chemical health issues, and those who are in need of temporary or transitional housing due to major changes or <br />losses in their lives. The 2015 American Community Survey estimates there are 117 people ages 18-64 in Hugo with an independent living <br />difficulty. As the population ages, it is expected that the number of persons needing accessible housing will increase. <br />Rental Housing <br />Decisions on owning versus renting vary with the stages in the life cycle. For example, younger individuals or couples, who are still at the early <br />stages of their earning potential, will likely begin as renters and move to home ownership at some point. Similarly, retired individuals or couples <br />may wish to sell their homes in favor of renting or owning in a complex where they will need to do little or no maintenance themselves. Lastly, <br />there is a growing segment of the housing market that is identified as "Renters by Choice". This housing market segment involves people of all <br />ages who simply desire to rent as a lifestyle choice. As the City's population continues to age and as the City's children grow to young adults, <br />there will be a continuing <br />HUGO 2040 COMPREHENSIVE PLAN UPDATE HOUSING 94 <br />