Affordable Housing Initiative

Repurposing and Adaptive Reuse

Activating properties that have out-lived their original use are often the more cost effective and low environmental impact ways to create affordable housing options for older adults. The unique character of historic abandoned or decommissioned buildings break the ‘cookie-cutter’ mold of older adult affordable housing developments.

Recommendations: • Inventory abandoned and underutilized building infrastructure to determine its appropriateness for older adult or multi-family housing. • Focus on properties such as schools, office buildings and shopping centers, that are close to amenities for older adults and have underutilized parking areas. These properties may also support some ground-up construction.

See Selected Resources Page 18

Rental Increase Limits Older adults are disproportionately represented in the rental sector and static incomes do not keep up with

cost-of-living increases. Recommendations:

• Create incentives for building owners to retain affordable units for Section 8 residents through changes in ownership as buildings are bought and sold. • Advocate on local, state, and national levels for limits on landlord rent increases.

See Selected Resources Page 18

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