Senior Housing Market Study MICHIGAN STATE HOUSING DEVELOPMENT AUTHORITY AUGUST 29, 2012

AUGUST 29, 2012
Senior Housing Market Study
MICHIGAN STATE HOUSING DEVELOPMENT AUTHORITY
PREPARED BY:
AUGUST 29, 2012
Senior Housing Market Study
prepared for MICHIGAN STATE HOUSING DEVELOPMENT AUTHORITY
PREPARED BY: M c KENNA ASSOCIATES + COMMUNITY SOLUTIONS GROUP, L.L.C / NCB CAPITAL IMPACT
The participation and cooperation of the Michigan State Housing Development Authority (MSHDA) and its Senior
Housing Study Steering Committee and in particular the following individuals, is greatly appreciated:
Gary Heidel, Executive Director, MSHDA
Laurie Cummings, Project Manager, MSHDA
David Allen, Steering Committee Member, MSHDA
JT Johnston, Steering Committee Member, MSHDA
Mary Ablan, Steering Committee Member, Area Agencies on Aging (AAA)
Dan Doezema, Steering Committee Member, Michigan Office of Services to the Aging
Tari Muniz, Steering Committee Member, Michigan Office of Services to the Aging
Dan Young, Steering Committee Member, UPCAP Services, Inc.
Jon Mead, Advisory Role, AAA Director, Upper Peninsula
Kris Smith, Technical/Administrative Support, MSHDA
Thomas B. Jankowski, Ph.D., Institute of Gerontology, Wayne State University
i
Table of Contents
iii
Table of Contents
Table 1. Facility Features and Amenities and Neighborhood Features Summary ....................................................... 5
Table 2: Older Population in the United States, 2010 ................................................................................................. 11
Table 3: Older Population in Michigan, 2010 ............................................................................................................... 13
Table 4: Disability Concepts in the ACS ........................................................................................................................ 16
Table 5. Definition of American Community Survey Sources of Income ..................................................................... 26
Table 6. Responses by Facility Type .............................................................................................................................. 55
Table 7. Senior Housing Facility Type by Decade Built ................................................................................................ 55
Table 8. Comparison of Senior Housing Facility Characteristics ................................................................................. 57
Table 9. Average Number of Market Rate and Income Limited Units in Independent Living Facilities .................... 58
Table 10. Average Number of Units in Senior Housing Facilities ................................................................................ 60
Table 11. Occupancy by Unit Type by Facility Category................................................................................................ 61
Table 12. Wait List by Unit Type by Senior Housing Category...................................................................................... 62
Table 13. Average Unit Area by Unit Type by Senior Housing Category ...................................................................... 63
Table 14. Average Market Rate Rent by Unit Type by Senior Housing Category ........................................................ 64
Table 15. Resident Age Structure by Facility Age by Senior Housing Category .......................................................... 65
Table 16. Distance Residents Moved to Current Facility ............................................................................................. 66
Table 17. Reported Percentage of Residents Who Moved To Current Facility from Out-Of-State ............................. 66
Table 18. Resident Previous Tenure ............................................................................................................................. 67
Table 19. Unit Amenity Availability ................................................................................................................................ 68
Table 20. Community Amenity Availability .................................................................................................................... 69
Table 21. Community Amenity Importance................................................................................................................... 70
Table 22. Support Service Availability ........................................................................................................................... 71
Table 23. Support Service Importance ......................................................................................................................... 72
Table 24. Neighborhood Amenity Importance .............................................................................................................. 73
Table 25. Reasons Tenants Leave Senior Housing Facilities ...................................................................................... 74
Table 26. Average Length of Stay.................................................................................................................................. 74
Table 27. Service Coordinator Services ........................................................................................................................ 75
Table 28. Focus Group Locations .................................................................................................................................. 77
Table 29. Top Three Reasons for Moving into a Senior Residential Community ....................................................... 79
Table 30. Top Five In-Unit Features .............................................................................................................................. 80
Table 31. Top Five Neighborhood Amenities ................................................................................................................ 81
Table 32. Respondents Location by AAA Planning ....................................................................................................... 87
Table 33. Gender............................................................................................................................................................ 88
Table 34. Respondents Location by Settlement Type.................................................................................................. 88
Table 35. Household Size .............................................................................................................................................. 88
Table 36. Age Composition ............................................................................................................................................ 88
Table 37. Current Dwelling ............................................................................................................................................ 89
Table 38. Tenure ............................................................................................................................................................ 89
Table 39. Income............................................................................................................................................................ 89
Table 40. Location of Previous Residence for Seniors Moving in the Previous Five Years ....................................... 90
Table 41. Reasons Why Respondents Would Move ..................................................................................................... 91
Table 42. Housing Types Respondents Would Consider Moving To ........................................................................... 94
Table 43. Inter-Generational Housing Preference ........................................................................................................ 96
Table 44. Reasons Existing Senior Housing Residents Moved to their Current Residence ...................................... 98
Table 45. Preferred Number of Bedrooms ................................................................................................................... 98
Table 46. Important Safety and Accessibility Features .............................................................................................. 100
Table 47. Important Apartment Unit Features............................................................................................................ 102
Table 48. Value of Apartment Unit Features .............................................................................................................. 106
Table 49. Important Community Amenities ................................................................................................................ 107
Table 50. Important Neighborhood Features ............................................................................................................. 110
Table 51. Reasons One Might Move to an Assisted Living Building.......................................................................... 113
Table 52. Value of Assisted Living Building Features ................................................................................................ 113
Table 53. Value of Assisted Living Building Personal Care Services ......................................................................... 114
Table 54. Assisted Living Rent and Service Payment Preferendes ........................................................................... 115
Table 55. Facility Features and Amenities and Neighborhood Features Summary ................................................. 120
Table 56. Senior Housing Amenity Recommendations .............................................................................................. 122
iv
MSHDA Senior Housing Market Study
Table of Contents
Figure 1. Settlement Type Map ........................................................................................................................................ 9
Figure 2. Southeast Michigan Settlement Type Map ................................................................................................... 10
Figure 3. Senior Housing Continuum............................................................................................................................. 49
Figure 4. Senior cottage units ........................................................................................................................................ 50
Figure 5. Interior space that incorporates environmental design ............................................................................... 51
Figure 6. Respondent’s Experience ............................................................................................................................... 56
Figure 7. AAA Planning and Service Areas .................................................................................................................... 87
Figure 8. Planning to Move within 5 Years – Cross Tabulations.................................................................................. 91
Figure 9. Reason to Move by Age Cross Tabulation ..................................................................................................... 92
Figure 10. Reason to Move by Gender Cross Tabulation ............................................................................................. 92
Figure 11. Reason to Move by Current Tenure Cross Tabulation ................................................................................ 93
Figure 12. Reason to Move by Income Cross Tabulation ............................................................................................. 93
Figure 13. Housing Type Preference by Age Cross Tabulation .................................................................................... 94
Figure 14. Housing Type Preference by Current Tenure Cross Tabulation ................................................................. 95
Figure 15. Housing Type Preference by Income Cross Tabulation .............................................................................. 95
Figure 16. Housing Type Preference by Gender Cross Tabulation .............................................................................. 96
Figure 17. Bedroom Preference by Household Size Cross Tabulation ........................................................................ 99
Figure 18. Safety and Accessibility Feature Preference by Age Cross Tabulation ................................................... 101
Figure 19. Important Apartment Features by Settlement Type Cross Tabulations ................................................. 103
Figure 20. Important Apartment Features by Income Cross Tabulations ................................................................ 104
Figure 21. Important Apartment Features by Age Cross Tabulations ...................................................................... 105
Figure 22. Importance of Community Amenities by Settlement Type Cross Tabulation ......................................... 108
Figure 23. Importance of Community Amenities by Age Type Cross Tabulation...................................................... 109
Figure 24. Importance of Neighborhood Features by Settlement Type Cross Tabulation ...................................... 111
Figure 25. Importance of Neighborhood Features by Age Cross Tabulation ........................................................... 112
v