Over the last decade or so, the majority of Richfield housing projects have added significantly to the senior housing stock.
However, a recent housing study—commissioned by the Richfield Housing and Redevelopment Authority—revealed the city could use more housing options of all kinds (rental, owner-occupied, affordable and market-rate homes) for seniors.
Using a variety of data sources—including City of Richfield, Hennepin County Tax Acessor, apartment websites and fieldwork—Stanec Inc., a local consultant agency, found there are a substantial amount of older households remaining in single-family homes who either can't afford to make a transition into market-rate senior housing or there aren't units available. The housing study draft showed Richfield's senior housing stock accounts for about 12 percent of all housing in the city.
Currently, multiple housing projects such as , and, eventually, the redevelopment would offer more rental options. However, none are specifically geared toward seniors.
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Richfield Patch is also working on other stories surrounding the housing study. The study is still in draft form and after some city input, more information will be added and represented in the near future.