ERIC Number: ED243032
Record Type: RIE
Publication Date: 1983-Nov
Reference Count: 0
Innovative Use of Existing Housing Resources.
Baldwin, Leo E., Ed.; Schreter, Carol A., Ed.
These five symposium papers describe housing programs designed for older adults. "Agency-Sponsored Co-op House for Older People," by Janet L. Witkin, discusses a co-op house for nine people in the Los Angeles area. Development of the program is outlined in terms of funding and leasing arrangements, architectural changes to the property, screening of candidates, and the structure of the program. The second paper, "The Role of the House-Mate Matching Service," by Barbara Stanford, reviews a study designed to determine if shared housing (the Share-a-Home Program in Santa Barbara, California) improved finances and reduced feelings of loneliness among participants. Advantages and disadvantages to participants are discussed and recommendations for service personnel are outlined."Accessory Apartments: A New Housing Option for the Elderly Homeowner," by Patrick H. Hare, describes a study of the relationships between homeowners and tenants, their satisfaction with and motivation for installing accessory apartments, and the ease with which single family homes were converted. The fourth paper, "A Profile of Non-Relative House-Sharers," by Carol A. Schreter, describes characteristics of elders who seemed most interested in the three options already mentioned, to provide clues to the potential market for each option and to clarify the role of each option in the human life cycle. The final paper, "A Review of Home Equity Conversion," by Leo E. Baldwin, describes a process through which homeowners may transfer the equity in their homes into income, without having to move or repay the loan from monthly income. Previous research is reviewed, outlining potential benefits and risks. (JAC)
Publication Type: Collected Works - Proceedings; Reports - Descriptive; Reports - Research
Education Level: N/A
Authoring Institution: American Association of Retired Persons, Washington, DC.
Identifiers: Home Equity Conversion; Shared Housing
Note: A summary of papers presented at a symposium at the Annual Meeting of the Gerontological Society of America (36th, San Francisco, CA, November 17-22, 1983).