Laserfiche WebLink
City of Arden Hills - Comprehensive Plan - DRAFr <br /> TCAAP property by 2020 which will also represent essentially a full build-out of <br /> Arden Hills. Consistent with long-term trends, the average occupancy of a housing <br /> unit in Arden Hills is projected to continue to decline from 3.26 persons per unit in <br /> 2000 to 2.93 people per unit in 2020 and 2030. <br /> 7.4 Housing Issues <br /> Three primary housing issues will need to be addressed by Arden Hills in the next <br /> 20 years. They include housing diversity, housing affordability, and housing <br /> quality. Each is discussed below. <br /> 7.4.1 Housing Diversity <br /> Life-cycle housing which was referenced in <br /> the housing goals is a common term used to <br /> describe the provision of housing types for Sr H <br /> all stages of life. Life-cycle housing is based <br /> on the premise that as people go through <br /> life, their housing needs change. A young <br /> The Life Cycle <br /> person getting out of school and just starting Housing Chain <br /> out usually cannot afford to own a home so TAr S.—Ho <br /> they often begin by renting. As a person A • <br /> grows older, they often establish a family <br /> and buy their first home, sometimes either a ,h,B;,,s;nx,,. <br /> starter home or townhome. As a family's ° F" d,".- <br /> income grows, they may move up to a larger <br /> home. Once the children leave and the family size decreases, parents often move <br /> back to a smaller home with fewer maintenance needs or to one of the growing <br /> number of either single-family or multi-family housing options that has an <br /> association that take care of home and property maintenance. Eventually, as a <br /> person ages, there is often a need for assisted living or an extended care facility. <br /> Housing in Arden Hills today is primarily focused on one stage of the housing life- <br /> cycle, move-up housing. Ironically, a significant number of units constructed in <br /> Arden Hills during the 1970s were oriented to a first-time homebuyer market. As <br /> housing prices have risen over the past three to four decades, what was once <br /> priced for a first-time buyer is now classified as move-up housing do to escalated <br /> prices. Arden Hills does still have a limited supply of more entry level housing. In <br /> 2007, there were 285 units in the Arden Manor manufactured home community and <br /> approximately 80 percent of the units were owner occupied. <br /> Rental housing is another component of life-cycle housing that needs to be <br /> addressed over time. Rental housing is an important component of the overall <br /> DRAFT 38 <br /> 3/14/2008 <br />