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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 Housing Diversity <br />Life-cycle housing, which was referenced in the <br />housing goals, is a common term used to <br />describe the provision of housing types for all <br />stages of life. Life-cycle housing is based on the <br />premise that as people go through life, their <br />housing needs change. A young person getting <br />out of school and just starting out usually cannot <br />afford to own a home so they often begin by <br />renting. As a person grows older, they often <br />establish a family and buy their first home, <br />sometimes either a starter home or townhome. <br />As a family’s income grows, they may move up <br />to a larger home. Once the children leave and <br />the family size decreases, parents often move FIGURE 7.6 - LIFE CYCLE HOUSING Draft 04/04/2018