The growing number of seniors, aged 65 or older, within HSI's tenant population can be attributed to two main factors. Firstly, the Baby Boomer generation, aged 65 or over, is expanding at a faster rate than younger demographic groups in the United States. Secondly, HSI residents are choosing to age in place.
The Corporation for Supportive Housing highlights a significant rise in the proportion of individuals aged 50-64 within the homeless population. Additionally, HSI residents now have an average stay exceeding 9 years. The most common destination for HSI tenants if they move out is their own private apartments within the community, underscoring our commitment to assisting those who have attained stability and readiness for independent living. However, HSI takes great pride in providing permanent housing solutions, as it often serves as the permanent and cherished home for many of our residents.
As a result, HSI programs are thoughtfully designed to support tenants in maintaining their independence for as long as possible. This is accomplished by connecting them to home-based services and providing a range of essential support systems, including counseling and social services. All our sites maintain close partnerships and connections with in-home medical services aimed at reducing the necessity for higher levels of care, such as nursing homes and institutional settings. At the Cecil, our project with the most elderly residents, we are in the process of adding onsite primary care to help tenants better manage chronic conditions and respond to medical emergencies.
As we welcome new referrals and our existing tenants continue to age in place, we are continually evolving and expanding our programs to ensure the health and safety of our senior residents within the comfort of their homes. Our offerings include daily classes, such as light yoga, nutritional workshops, walking tours, and a variety of specialized services tailored to older adults.
Today 28% of our tenants are 65 or older; in 5 years time that number will double
100% of our seniors have access to
the home-based care they need