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This Presentation Introduction:  What is an Elder Cottage?  Why Elder Cottages?  Regulations  Challenges  Marketing  Senior Villages.

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Presentation on theme: "This Presentation Introduction:  What is an Elder Cottage?  Why Elder Cottages?  Regulations  Challenges  Marketing  Senior Villages."— Presentation transcript:

1 This Presentation Introduction:  What is an Elder Cottage?  Why Elder Cottages?  Regulations  Challenges  Marketing  Senior Villages

2 Elder Cottage What is an Elder Cottage? Small, Energy Efficient Home Fully Self-Contained Placed in the Back or Side Yard of an Existing Home. Built to HUD, IRC or RVIA (ANSI) Code Regulated by Local Jurisdictions – Accessory Dwelling Units

3 Elder Cottage CFW Motivations Board Directive Silver Tsunami Phenomenon Limited Senior Housing Options Natural Fit for Manufactured Housing

4 Elder Cottage Why an Elder Cottage? Aging Parents Want to Be Near Their Kids Adult Children Want to Be Near Their Parents Multi-Generational Living is Difficult – Emotionally, Physically and Logistically Traditional Options are Expensive

5 Elder Cottage ADU Regulations Square Footage - Height Exterior Appearance Utility Connections Parking Requirements Owner Occupancy Site Location - Entrances

6 Elder Cottage Challenges Zoning Novelty Site Access Lack of Subsidies Financing – Refinance an Existing Mortgage – Home Equity LOC – Personal Property Loan – Cash

7 Elder Cottage Marketing Free Press Web Site (www.ElderCottage.org)www.ElderCottage.org Local Senior Magazines Local Radio Networking Public Presentations Model Cottage

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22 Senior Villages Clusters (8 – 25 units) Facing Common Open Area Amenities – Small Yards, Gardens, Walking Path, Community Building, Shop Services – Utilize Existing Community Senior Services

23 Elder Cottage

24 Contact Information Thank you for your interest and participation! For further information, contact: Mark Wilson Community Frameworks x108


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