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SENIOR POPULATION GROWTH
The age-65-and-older population in the U.S. grew by over a third. One in ve residents are projected to be retirement age by 2030.
commitment to providing what is needed is truly there.” Housing challenges Lewisville and Coppell’s senior resi- dents have di erent housing needs. The lack of a ordable senior housing has turned into a crisis in Lewisville, Cade said. More than half of Lewisville resi- dents are renters, and about 40% of households in Lewisville that rented in 2018 were either cost burdened or severely cost burdened. To com- pound the issue, rent increased by 18% between 2020-21, according to city data. According to a July report by United Way of Denton County, 9.7% of Lew- isville’s senior population lives below the poverty line. In ation has strained nances for seniors, many of whom are on xed incomes, Cade said. Housing that is a ordable, accessible and in proximity to key resources, such as public trans- portation, is critical, she said. “They are paying, most of the time, well over 30% of their total income on housing,” she said. Lewisville’s Neighborhood Services Manager Ashleigh Feryan said she has seen more requests for assistance in the past year due to rising in ation. “When it comes to food and other services, [seniors are] really having to prioritize rent versus food or medica- tion,” she said. Senior housing is also a priority in Coppell, Mayor Wes Mays said. Explor- ing new housing options for its senior population is included in the city’s Vision 2040 Strategic Plan. “One of the things that our [Vision] 2040 plan showed was that seniors are a very important part of our commu- nity, and senior housing was a big part
of that,” Mays said. “The City Council had looked at senior housing for years and had never really been able to come up with a plan on how to handle senior housing as an activity.” Aging residents have stated a desire to downsize and remain in Coppell, but the lack of suitable housing has forced them to consider moving to nearby communities, according to feedback gathered by the city. There are ve senior living facilities in Coppell rang- ing from nursing homes to mixed-use facilities. “We don’t have any spare dirt to build on,” Mays said. “The cost model for building an a ordable type of senior housing gets very di cult to do. It cer- tainly does impact the type of facilities that we could entertain.” Lewisville’s senior housing solutions The Lewisville council moved for- ward to help resolve its a ordable senior housing issue over the last few months. The council approved a zone change request in August that will allow the development of a new senior living community. The age 55-plus property will be located at 1727 S. Edmonds Lane and is anticipated to o er one- and two-bedroom units. An opening date has yet to be determined. E ective Dec. 1, accessory living dwellings will be permitted. Backyard homes will provide a more a ordable solution for seniors and allow them to remain in close proximity to their families, Cade said. An in-depth housing study will begin soon, which will be a part of the city’s housing strategy plan. The plan is anticipated to be completed by early spring 2023, Feryan said. “We’re going to be … really look- ing at what a ordable housing means
Denton County
40,825
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
44,095
47,423
50,901
116.78% increase over 10 years
55,981
60,743
65,654
71,591
76,665
82,137
88,502
65-and-older population
Dallas County
199,607
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
204,337
209,370 217,123
41% increase over 10 years
225,302
233,590
243,766
255,384
263,792
272,730
281,461
65-and-older population
SOURCE: U.S. CENSUS BUREAU COMMUNITY IMPACT
MARKET TRENDS 2020 occupancy rates
The demand for senior living units remains strong in Dallas and Denton counties. As a result, Lewisville and Coppell look to address the needs of its seniors.
2022 occupancy rates
83.7% 83.9%
0.2%
Denton County
84.6%
-1.1%
Dallas County
83.5%
SOURCE: NATIONAL INVESTMENT CENTER FOR SENIORS HOUSING & CARE COMMUNITY IMPACT
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