8. Senoir housing in New York city: The coming crisis

- 발행년도: 2013년

- 발행처: New York City Comptroller

- 주요내용: Research demonstrates that providing affordable housing and supportive services to seniors is a cost-effective policy that can help delay the need for more intensive and expensive care. A study estimated that the cost savings of a 340-day stay in supportive housing compared to a similar-length stay in a Medicaid-funded nursing home, ranged

from $25,000 to $36,000.8 Nationwide, 31.5 percent of Medicaid’s annual $400 billion in shared federal and state spending goes to long-term care in nursing homes for the elderly and the disabled, with New York State estimated to spend more than $20 billion annually. There is the potential for significant cost savings to the State by avoiding more costly care. Similarly, an increased supply of affordable housing units would help reduce the costs associated with housing seniors and members of the general population in emergency shelters.

- Link: https://comptroller.nyc.gov/wp-content/uploads/documents/NYC_SeniorHousing.pdf

<Table of Contents>

- Introduction

- Background

- Data and Comparisons

- Income Characteristics of Renters vs.

- Owners by Age Group

- Impact of Federal and Local Policies on

- Renter Affordability

- Housing Affordability for the 60+

- Age Group by Borough

- Housing Stock and Other Conditions

- Affecting Senior Households

- Recommendations

- Conclusion