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City of Arden Hills – 2040 Comprehensive Plan <br /> <br /> <br />Approved:, 2018 <br />7-7 <br />The rate of forecasted household growth in Arden Hills surpasses all adjacent <br />communities as well as Ramsey County. In establishing its forecasts, the Metropolitan <br />Council is assuming full development of the buildable portion of the TCAAP property by <br />2030 which will also represent essentially a full build-out of Arden Hills. <br /> <br />TABLE 7.3 - PEOPLE PER HOUSEHOLD <br />2010 2020 2030 2040 <br />2.45 3.13 2.93 2.93 <br /> <br />Arden Hills’ households are projected to grow by more than 50% between 2010 and <br />2040. It is expected that most of the those new households would be occupied by <br />young families which would increase the persons per household.7.4 Housing Issues <br />Three primary housing issues will need to be addressed by Arden Hills in the next 20 <br />years. They include housing diversity, housing affordability, and housing quality. Each <br />is discussed below. <br />7.4.1 Housing Diversity <br />Life-cycle housing, which was referenced <br />in the housing goals, is a common term <br />used to describe the provision of housing <br />types for all stages of life. Life-cycle <br />housing is based on the premise that as <br />people go through life, their housing <br />needs change. A young person getting <br />out of school and just starting out usually <br />cannot afford to own a home so they often <br />begin by renting. As a person grows <br />older, they often establish a family and <br />buy their first home, sometimes either a <br />starter home or townhome. As a family’s <br />income grows, they may move up to a FIGURE 7.6 - LIFE CYCLE HOUSING <br />Dr <br />a <br />f <br />t <br /> <br />11 <br />/ <br />2 <br />0 <br />/ <br />2 <br />0 <br />1 <br />7