Remodeling Trends
Just Don't Call Them Old
Source: Remodeling Magazine
Though they're not exactly new ideas, a recently established nonprofit group hopes to give aging in place and universal design new national prominence. Over the past two years, the National Reverse Mortgage Lenders Association has spearheaded the rapid growth in reverse mortgages, a home equity loan available exclusively to seniors.
Now the NRMLA is working to promote aging in place home modifications. Partnering with the National Advisory Council on Aging in Place, the group recently co-sponsored an Aging in Place Summit that convened academics and senior advocates. The event was held last fall in conjunction with the first ever Aging In Place week, a series of events the two groups coordinated nationwide.
The NAHB Research Center participated, opening its LifeWise universal design home model to public visitors. The association partnership also launched a Web site, www.seniorsafehome.com, to provide consumers with information on how to add aging in place modifications to their homes.
