2024 Summer Issue of Urban Land - 18

DEVELOP
Making
Multigenerational
Communities Happen
Expanded housing types
will be required for
multigenerational living
Increasingly, families are
looking for housing and
neighborhoods that can
comfortably accommodate
multiple generations and a
variety of abilities as family
needs change over time.
A confluence of demographic
change, economic challenges,
and shifting consumer preferences
has led to changes in
household composition and,
as a result, housing demand.
After declining in previous
decades, multigenerational
living has grown since the
1970s.
According to the Pew
Research Center, between
1971 and 2021, the number of
people living in multigenerational
households quadrupled,
while the number of people
in other living situations was
less than double what it had
been. The share of the U.S.
populace living in multigenerational
households in 2021 was
18 percent.
Increasingly, families are
looking for housing and neighborhoods
that can comfortably
accommodate multiple
generations and a variety
of abilities as family needs
change over time. With an
ever-increasing number of
families living in-or seeking
to live in-multigenerational
arrangements, there is a need
for more housing and neighborhoods
that can accommodate
them.
According to Generation
United, 98 percent of Americans
living in multigenerational
homes report that their households
function successfully.
The many reported benefits
of multigenerational arrangements
include:
Enhanced relationships
among family members
Increased ability to provide
care for family members
Improved financial situations
for at least one family member
Positive mental and/or physical
health impacts
Increased opportunity for
at least one family member
to continue their education or
to pursue vocational training
opportunities
The new ULI report Making
Multigenerational Communities
Happen shares information
for real estate developers, city
leaders, community groups,
and others that relates to
meeting the demand for housing
units which effectively
serve multigenerational households.
Specifically, the report:
Provides considerations for
multigenerational home design
Shares information on multigenerational
housing categories
Considers
what is needed to
build multigenerational neighborhoods
Offers
conclusions on how
to make multigenerational
communities happen
18
URBAN LAND
SUMMER 2 024
SHUTTERS T OCK

2024 Summer Issue of Urban Land

Table of Contents for the Digital Edition of 2024 Summer Issue of Urban Land

2024 Summer Issue of Urban Land - Cover1
2024 Summer Issue of Urban Land - Cover2
2024 Summer Issue of Urban Land - 1
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2024 Summer Issue of Urban Land - Cover3
2024 Summer Issue of Urban Land - Cover4
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https://www.nxtbook.com/urbanlandinstitute/UrbanLand/summer-issue-2021
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