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. Built to HUD, IRC or RVIA (ANSI) Code Regulated by Local Jurisdictions – Accessory Dwelling Units

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

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

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

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

Elder Cottage Marketing Free Press Web Site ( Local Senior Magazines Local Radio Networking Public Presentations Model Cottage

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

Elder Cottage

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