HomesRenewed is a coalition of business, consumer and nonprofit stakeholders driving policy and investment to increase the number of age-friendly homes, supporting Aging in Place.
- A crisis faces America’s aging middle class.
- More than 80% of adults want to Age in Place but have difficulty doing so. Their homes are not prepared.
- Most of them – 70% of the over 50 population or 70 million people —have too much money for government or nonprofit programming but not enough money for 24 x 7 care.
- New health policies require more healthcare to be delivered in communities.
- Older citizens live healthier lives at home with control choice and dignity.
- Accelerates the sales of aging-in-place technologies and building products.
- Stimulates business growth and job training in the manufacture, distribution and installation of the products.
- Utilizes existing sales and delivery channels
- Aging in Place saves healthcare dollars because:
- Fewer injuries occur in prepared age-friendly homes;
- People can return home sooner and more safely from the hospital or rehab;
- People recover better at home; and
- Family, personal and paid caregivers are injured less frequently.
- Financing updates with pretax retirement savings reduces costs because it:
- Requires no government; and
- Leverages micro public private partnerships.
- Creates networks among previously unconnected stakeholders, amplifying their voices and combining resources (lobbying, public relations and research)
- Enact tax and/or policy incentives to encourage people to invest their own money in age friendly installations.
- Remove barriers to allow savers access to $17 trillion in pre-tax savings like IRA’s, 4012K’s/403b’s and health savings accounts for qualifying expenditures.
- Using existing savings means no direct government expenditures other than future forgone taxes.
- Organize citizens to educate legislators and regulators to build aging-in place friendly community policies.