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1C- Comp Plan
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5/15/2008 2:48:21 PM
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Comp Plan
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5/19/2008
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<br />City of Arden Hills - Comprehensive Plan - DRAFT <br /> <br /> 2007 RENTAL HOUSING <br />Bedroom size: *Monthly gross rent including tenant-paid <br /> utilities, affordable at 50% of area median <br /> income <br />Efficiencv $ 687 <br />1 bedroom $ 736 <br />2 bedrooms $ 883 <br />3 bedrooms $1,020 <br />4 bedrooms $1,138 <br /> <br />In January of 2006, the Metropolitan Council released a report entitled <br />"Determining the Affordable Housing Need in the Twin Cities 2011-2020". The <br />report not only forecasts the regional need by 2020 for newly constructed, <br />affordable housing but it allocates each community's share of the regional need. <br />The total need for newly constructed housing in the Twin Cities is estimated to be <br />51,000 units between 2011 and 2020. <br /> <br />Each community's share of the regional need is allocated based on a number of <br />factors. Accordinq to the Metropolitan Council. .30.6% of [Jew housing units in all <br />cities should be affordable. Allocations are then adjusted by job proximity, the <br />composition of the housing stock and access to transit service. Based on the <br />formula, the Metropolitan Council has allocated a need for 288 affordable housing <br />units to Arden Hills between now and the year 2020. In order to ensure that this <br />need can be met, Arden Hills' has allocated Medium Density Residential. Hiqh <br />Density Residential. and Mixed Residential on the Future Land Use Map to <br />accommodate affordable housinq. The City would not seek to concentrate <br />affordable housinq in any particular area_ <br /> <br />In addition to ensuring that there is sufficient land designated that has the potential <br />to provide affordable housing, the City of Arden Hills is committed to continuing its <br />participation in the Metropolitan Livable Community Program. As a participant the <br />City of Arden Hills continues to be eligible to compete for grant funding provided by <br />the Livable Communities Act (LCA) to assist with clean-up operations for polluted <br />land for redevelopment, creating development or redevelopment opportunities that <br />demonstrate efficient use of land and infrastructure through connected <br />development patterns, and opportunities to create more affordable housing. <br /> <br />7.4.3 Housing Quality <br /> <br />Except for the TCAAP property, much of Arden Hills is fully developed. As was <br />pointed out earlier, the age of 70% of the current housing stock makes ongoing <br />DRAFT 44 <br />5/15/2008 <br /> <br />r..~a%~t~:~:'~'lfon~:~l~~~~';ith.-th-~------ <br /> <br />I De-~-ted: their <br />- ----------------- - -----------..----- <br /> <br />L Deleted: future land use plan is <br />required by the Metropolitan Council <br />to allocate sufficient areas of medium <br />and high density residential <br />development to accommodate this <br />future growth. As will be discussed <br />later, the development of the TCAAP <br />property has the potential to meet <br />part of all of this need <br />lE_~!=~~:._ s!nce XXXX <br />
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