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City of Arden Hills – 20430 Comprehensive Plan Approved: September 28, 201809 Amended: December 12, 2016 7-17 In addition to ensuring that there is sufficient land designated that has the potential to provide affordable housing, the City of Arden Hills is committed to continuing its participation in the Metropolitan Livable Community Program. As a participant, the City of Arden Hills continues to be eligible to compete for grant funding provided by the Livable Communities Act (LCA) to assist with clean-up operations for polluted land for redevelopment, creating development or redevelopment opportunities that demonstrate efficient use of land and infrastructure through connected development patterns, and opportunities to create more affordable housing. Housing—along with food, clothing, transportation and medical care—is a necessity. For many households, it is their largest monthly expense. When households spend more than 30% of their monthly income on housing costs, they are considered “cost-burdened.” The inability of households to find housing they can afford has far-reaching effects. For example, a recent national report found cost-burdened households (especially low-income households experiencing cost burden) are forced to make cutbacks on food and health care spending, undermining their overall well-being. 7.4.2.1 Existing Affordable Housing Need While the Census Bureau does not report household incomes in the ranges identical to the affordable income limits of the Metropolitan Council, Table 7.10 represents an approximation of the number of Arden Hills households that fall within the three AMI ranges. On a pro-rated basis, there is 302 households with incomes at 30% of AMI and below, 334 households with incomes between 30% and 50% of AMI, and 500 households with incomes between 50% and 80% of AMI. While initially the 237 cost burdened households with incomes of 30% of AMI or below listed in Table 7.8 would indicate that Arden Hills would need more housing units affordable at 30% of AMI, the 317 existing housing units affordable at 30% of AMI exceeds the approximately 302 households in Arden Hills with incomes at 30% AMI or below. What appears to be happening is that households with incomes greater than 30% AMI are occupying housing units affordable at 30% AMI and below. There are approximately 500 households with incomes between 50% and 80% AMI and there are only 216 housing units available that are affordable to households with between 50% and 80% AMI. Since there are only 154 cost burdened households with incomes between 50% Dr a f t 11 / 0 1 / 2 0 1 7