ULI Housing Interchange Webinar Series - Peach New Media
ULI Housing Interchange Webinar Series
ULI Housing Interchange — Welcome! Agenda • • • • • •
Welcome/Agenda Overview About the Terwilliger Center Housing Opportunity 2013 Featured Speaker Discussion Audience Q & A Closing and Thank You
ULI Housing Interchange — About the Terwilliger Center
Lynn Ross, AICP Executive Director ULI Terwilliger Center for Housing
ULI Housing Interchange — About the Terwilliger Center Our Mission Expand housing opportunity by leveraging the private sector and other partners to create and sustain mixed-income, mixed-use urban and suburban neighborhoods. Our Work • A multifaceted program of work organized into four broad categories: (1) research and education; (2) publications; (3) outreach and recognition; and (4) convening. • Primary focus on state, regional and local programs/policies.
ULI Terwilliger Center National Advisory Board 2012-2014 J. Ronald Terwilliger, Chairman Douglas Abbey Tom Bozzuto Victoria Davis Hal Ferris Marty Jones Dara Kovel John McIlwain Peter Pappas Michael Pitchford
Patrick Phillips Susan Powers Nicolas Retsinas Richard Rosan Jonathan Rose Robert Sharpe Alazne “Ali” Solis Robert Youngentob Lynn Ross Executive Director
ULI Terwilliger Center — What We’re Working On Housing & Transportation Survey • Joint effort with ULI Infrastructure Initiative • Collects new data on housing and transportation preferences and aspirations by age cohort • Planned release at Spring Meeting 2013!
Lowering the Cost of Developing & Preserving Affordable Rental Housing • Joint effort with Enterprise Community Partners • Roundtables held in Denver, NYC, San Francisco, Chicago and Los Angeles • Case studies and policy recommendations coming Summer/Fall 2013.
ULI Housing Interchange — Upcoming Events • Great education and networking opportunities. • Over 250 participants registered.
Register Online by March 15! www.uli.org/terwilliger
• 15+ sessions to choose from on a range of housing issues. • Group registration options available.
New Trends in Residential Development — Featured Speakers John K. McIlwain Senior Resident Fellow and ULI/J. Ronald Terwilliger Chair for Housing Urban Land Institute
Robert Sharpe Managing Partner Rancho Sahaurita (Tucson, AZ)
Featured Speaker — John K. McIlwain
Housing in America: The Baby Boomers Turn 65 John K. McIlwain Senior Resident Fellow, ULI/J. Ronald Terwilliger Chair for Housing
The 65+ Group Fastest Growing in the US • Never before in the US or the world have so many people over the age of 65. • This will grow 40% + this decade: • 40 million in 2010 – 13% of US population • 15 million more this decade • 55 million in 2020 – 16% of US population
A Global Trend, though U.S. Population is Relatively Young
What Housing in America Covers •
What is the makeup of the 65+ population?
•
Where are they moving?
•
What is the impact on the suburbs of “ageing-inplace?”
•
How are cities and suburban towns meeting the needs of the of those over 65?
•
Will those over 65 move into traditional senior housing communities, or will they “age in place?”
•
What new markets are opening up, and which trends may be significant.
Housing in America: Two Major Takeaways • The Future Will Not Be Like the Past
• This is a time of significant change in the 65+ population – in numbers, health, energy, culture... • And housing markets! • There will be growing political tension over the need for government support between those 65+ and those 35 and below. • Already over 40% of federal domestic funds goes to those over 65 and it will need to increase.
Understanding the 65+ Population Unlike the Past There is No One Senior Generation Today • Today there are 3 Generations 65 and Older • The Leading Edge Boomers • The Greatest Generation • The Silent Generation
Who are they? •
Leading Edge Boomers 40 million born 1943 to 1954, now 56 to 67. The older half of the 74 million Baby Boom Generation born from1946 to 1964 who grew up in the 60s and 70s!
• •
•
Greatest Generation • •
•
4.5 million born 1901 to 1924, now 85+. They grew up during the Great Depression and fought in World War II.
Silent Generation • •
28 million born 1925 to 1942, now 68 to 84. They grew up during the late 1940s and 1950s.
Homeownership: The 65+ population has been less affected by the Great Recession than those under 35
Unemployment: The 65+ population has been less affected by the Great Recession than those under 35
Incomes: The 65+ population has been less affected by the Great Recession than those under 35
Poverty: The 65+ population has been less affected by the Great Recession than those under 35
The Many Roles of Government: Local Solutions Create “age-friendly” cities and suburbs: • Support local senior centers and “virtual villages.” • Focus on zoning and building codes. • Allow group homes, ADUs SROs, smaller units.
• Provide transportation. • Benches, shelters, and accessible transit.
• Help retrofit homes to make them accessible. • Cap property taxes for those over 65 on limited, fixed incomes.
The Many Roles of Government: The Federal Role • The pressure on the federal government for more money for housing and health care will grow. • This comes when Gen Y is the most financially challenged generation in 80 years! • The tension over resources for the generations (e.g., education and child care vs. housing and health care) will be a defining debate for this decade and the next.
Featured Speaker — Robert Sharpe
Residential Futures: ThoughtProvoking Ideas on What’s Next for Master-Planned Communities Robert Sharpe Managing Partner, Rancho Sahaurita (Tucson, AZ)
Looking Forward: What’s Next • Increasing Consumer Optimism • The Master-Planned Community Competitive Difference
• Smaller Isn’t Necessarily Better • Financial Sustainability
ULI Housing Interchange — Discussion John K. McIlwain Senior Resident Fellow and ULI/J. Ronald Terwilliger Chair for Housing Urban Land Institute
Robert Sharpe Managing Partner Rancho Sahaurita (Tucson, AZ)
ULI Housing Interchange — Q and A
ULI Housing Interchange A Special Thank You To: Lori Hatcher, Urban Land Institute John McIlwain, Urban Land Institute Molly Simpson, ULI Terwilliger Center for Housing Robert Sharpe, Rancho Sahuarita
Carolyn Spaw, Urban Land Institute
ULI Housing Interchange — Welcome! Agenda • • • • • •
Welcome/Agenda Overview About the Terwilliger Center Housing Opportunity 2013 Featured Speaker Discussion Audience Q & A Closing and Thank You
ULI Housing Interchange — About the Terwilliger Center
Lynn Ross, AICP Executive Director ULI Terwilliger Center for Housing
ULI Housing Interchange — About the Terwilliger Center Our Mission Expand housing opportunity by leveraging the private sector and other partners to create and sustain mixed-income, mixed-use urban and suburban neighborhoods. Our Work • A multifaceted program of work organized into four broad categories: (1) research and education; (2) publications; (3) outreach and recognition; and (4) convening. • Primary focus on state, regional and local programs/policies.
ULI Terwilliger Center National Advisory Board 2012-2014 J. Ronald Terwilliger, Chairman Douglas Abbey Tom Bozzuto Victoria Davis Hal Ferris Marty Jones Dara Kovel John McIlwain Peter Pappas Michael Pitchford
Patrick Phillips Susan Powers Nicolas Retsinas Richard Rosan Jonathan Rose Robert Sharpe Alazne “Ali” Solis Robert Youngentob Lynn Ross Executive Director
ULI Terwilliger Center — What We’re Working On Housing & Transportation Survey • Joint effort with ULI Infrastructure Initiative • Collects new data on housing and transportation preferences and aspirations by age cohort • Planned release at Spring Meeting 2013!
Lowering the Cost of Developing & Preserving Affordable Rental Housing • Joint effort with Enterprise Community Partners • Roundtables held in Denver, NYC, San Francisco, Chicago and Los Angeles • Case studies and policy recommendations coming Summer/Fall 2013.
ULI Housing Interchange — Upcoming Events • Great education and networking opportunities. • Over 250 participants registered.
Register Online by March 15! www.uli.org/terwilliger
• 15+ sessions to choose from on a range of housing issues. • Group registration options available.
New Trends in Residential Development — Featured Speakers John K. McIlwain Senior Resident Fellow and ULI/J. Ronald Terwilliger Chair for Housing Urban Land Institute
Robert Sharpe Managing Partner Rancho Sahaurita (Tucson, AZ)
Featured Speaker — John K. McIlwain
Housing in America: The Baby Boomers Turn 65 John K. McIlwain Senior Resident Fellow, ULI/J. Ronald Terwilliger Chair for Housing
The 65+ Group Fastest Growing in the US • Never before in the US or the world have so many people over the age of 65. • This will grow 40% + this decade: • 40 million in 2010 – 13% of US population • 15 million more this decade • 55 million in 2020 – 16% of US population
A Global Trend, though U.S. Population is Relatively Young
What Housing in America Covers •
What is the makeup of the 65+ population?
•
Where are they moving?
•
What is the impact on the suburbs of “ageing-inplace?”
•
How are cities and suburban towns meeting the needs of the of those over 65?
•
Will those over 65 move into traditional senior housing communities, or will they “age in place?”
•
What new markets are opening up, and which trends may be significant.
Housing in America: Two Major Takeaways • The Future Will Not Be Like the Past
• This is a time of significant change in the 65+ population – in numbers, health, energy, culture... • And housing markets! • There will be growing political tension over the need for government support between those 65+ and those 35 and below. • Already over 40% of federal domestic funds goes to those over 65 and it will need to increase.
Understanding the 65+ Population Unlike the Past There is No One Senior Generation Today • Today there are 3 Generations 65 and Older • The Leading Edge Boomers • The Greatest Generation • The Silent Generation
Who are they? •
Leading Edge Boomers 40 million born 1943 to 1954, now 56 to 67. The older half of the 74 million Baby Boom Generation born from1946 to 1964 who grew up in the 60s and 70s!
• •
•
Greatest Generation • •
•
4.5 million born 1901 to 1924, now 85+. They grew up during the Great Depression and fought in World War II.
Silent Generation • •
28 million born 1925 to 1942, now 68 to 84. They grew up during the late 1940s and 1950s.
Homeownership: The 65+ population has been less affected by the Great Recession than those under 35
Unemployment: The 65+ population has been less affected by the Great Recession than those under 35
Incomes: The 65+ population has been less affected by the Great Recession than those under 35
Poverty: The 65+ population has been less affected by the Great Recession than those under 35
The Many Roles of Government: Local Solutions Create “age-friendly” cities and suburbs: • Support local senior centers and “virtual villages.” • Focus on zoning and building codes. • Allow group homes, ADUs SROs, smaller units.
• Provide transportation. • Benches, shelters, and accessible transit.
• Help retrofit homes to make them accessible. • Cap property taxes for those over 65 on limited, fixed incomes.
The Many Roles of Government: The Federal Role • The pressure on the federal government for more money for housing and health care will grow. • This comes when Gen Y is the most financially challenged generation in 80 years! • The tension over resources for the generations (e.g., education and child care vs. housing and health care) will be a defining debate for this decade and the next.
Featured Speaker — Robert Sharpe
Residential Futures: ThoughtProvoking Ideas on What’s Next for Master-Planned Communities Robert Sharpe Managing Partner, Rancho Sahaurita (Tucson, AZ)
Looking Forward: What’s Next • Increasing Consumer Optimism • The Master-Planned Community Competitive Difference
• Smaller Isn’t Necessarily Better • Financial Sustainability
ULI Housing Interchange — Discussion John K. McIlwain Senior Resident Fellow and ULI/J. Ronald Terwilliger Chair for Housing Urban Land Institute
Robert Sharpe Managing Partner Rancho Sahaurita (Tucson, AZ)
ULI Housing Interchange — Q and A
ULI Housing Interchange A Special Thank You To: Lori Hatcher, Urban Land Institute John McIlwain, Urban Land Institute Molly Simpson, ULI Terwilliger Center for Housing Robert Sharpe, Rancho Sahuarita
Carolyn Spaw, Urban Land Institute
