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conversion to increase home ownership or opportunities for current owners to “downsize” their housing stock. iv.Market the value of buying within Roseville and identify the tradeoffs of living within a first ring suburb. An example may be that you may not get a large house with a large yard but you will get an established neighborhood, mature trees and a shorter commute. All this provides cost savings and more quality time with families. Policy Statement: 2. Achieve a balance between families with school-aged children and seniors in multifamily housing and the appropriate distribution of acceptable units compatible with each unique lifestyle. Study Findings a.: The study indicates that there is an increasing number of our older population within multifamily housing; and, the City’s 1998 Senior Study found that seniors tend to stay and age in place – only 10% to 15% actually move into exclusively senior or assisted care facilities. However, many of the smaller more affordable multifamily complexes do not include the school-aged child resources such as play grounds, learning facilities and bedroom size. With improved accessibility and code compliance, more seniors could occupy these affordable units. More than 80% of Roseville apartments have one or two bedrooms. Roseville’s population is aging, with more seniors, and fewer K-12 students. The affordable “bedroom-vacancy-for-children” remains within the existing ramblers, which are the most affordable detached housing stock in the community. Why is this good public policy? b. Attracting and keeping younger families within the city can help to balance the effects of the overall aging population in Roseville. As the population ages there is an impact on which services are provided by the City, school districts, and merchants. The “market” changes. Is the City prepared to support higher costs associated with emergency services? (Over 50% of emergency room visits by ambulance are from those residents over 55). Does the City need to expand or simple maintain a focus on family oriented park space and recreational programming with the expanding senior populations? Also, as school enrollment declines, so does funding. This creates the need to cut school programming, teachers, and schools. One of Roseville’s best quality of life features is its quality, award winning schools. Are the home owners prepared to absorb declining housing values as schools decline in enrollment and academic variety? The social fabric or engagement process is bolstered through our schools and volunteer programs. An opportunity exists to assist young families to locate and stay within the community by starting out in the affordable multi family housing stock, then moving to the affordable rambles as they become available. ROSEVILLE MULTIFAMILY HOUSING REPORT 10/19/04 APPENDIX