Senior Cohousing: Affordable housing for Aging in Place

canadianseniorcohousing.com

Currently, 60% of Canadians have debt when they retire.

Canadians have greater personal debt than Americans.

By 2025, 30% of the population will be retired.

Many seniors also will still work.

And many will need “affordable” (below market) housing.

Most seniors want to age in place –

and they want that place to be

Home,

not an institution

Many will need a little help -- but not much -- as they age in place.

Seniors can provide some of that help for each other through “co-care”or mutual assistance, friendship amongst neighbours.

Canadian Senior Cohousing is developing

a made-in-Canada model for affordable,

sustainable senior cohousing

Senior Cohousing offers a structure for triple-bottom-line affordability, with a proven European track record.

#1.Senior Cohousing is

Financially Affordable

•density bonusing & deed restriction create below-market purchase and rental options

•Downsizing reduces purchase & operating costs

•So do economies of scale

•Energy saving features reduce utility costs

•Co-caring & universal design reduce health care costs

Keeping an elderly patient in the community and out of a long-term home saves the system $50,000 a year.

The Globe & Mail, 12 July 2011

Senior cohousing saves the system money

• Co-caring, neighbours helping each other, encourages aging in place

• Social interaction increases longevity

• Dementia is rare & residents create new neural pathways daily

# 2Senior Cohousing is

Socially Affordable

Senior cohousing potluck

#3Senior Cohousing is

Environmentally Affordable

•‘green’ features reduce energy consumption

•Sharing common spaces & amenities is energy efficient

•Smaller dwelling houses free up land for green space and food gardens

We want to flourish in Senior Cohousing that offers:

accessibly designed, privately owned dwellings, shared common facilities with

caregiver suite, enabling us to age at home in community

Do you share this vision?

Find out more about our non-profit and about housing projects in your area at

www.canadianseniorcohousing.com