The Need

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Based upon the latest data from the 2019 U.S. Census Bureau, in the NLI service area of Marion County, Indiana there are approximately 12,000 owner-occupied 62+ households in poverty and approximately 5,000 non-senior owner-occupied homeowners with disabilities in poverty.  

 

AGING IN INDIANA

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By the year 2030, one in every five Hoosiers will be over the age of 65.

 

People of color comprise 1 in 6 older adults. A more diverse younger population will result in an increasingly diverse older adult population in the future.

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Housing is an important issue among older adults, as housing costs comprise a significant proportion of household expenses and can cause financial stress for those adults about to experience or already experiencing a decline in income. As their physical ability declines their ability to do smaller home repairs also declines, leading to critical home repair issues. These homes signify more than a safe space for the homeowner to age in place safely, but also as a way to provide generational wealth.

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Many people wish to grow older in their own homes and neighborhoods they've known. They have established who their doctor is, pharmacy, friends, church, groceries, etc. Challenges related to social determinants of health can be the biggest barrier to a persons goal of aging in place. A huge social determinant of health—safe housing. A homes ability to adjust to the physical needs modifications as a person ages is key. For those with the financial means, adding a grab bar or lowering a toilet is no big deal. For many of the homeowners we serve, the grab bar is the bonus, having functional plumbing is the need. 

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State of Aging in Central Indiana Report, CICF Senior Fund, April 2021

 

Home Ownership and Home Values in Black Neighborhoods in Marion County, IU Public Policy Institute, 2018