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

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  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) • Local Senior Magazines • Local Radio • Networking • Public Presentations • Model Cottage

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  22. Elder Cottage 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

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  24. Contact Information Thank you for your interest and participation! For further information, contact: Mark Wilson Community Frameworks 509.484.6733 x108

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