2017-06-06 P & Z Packet - Laserfiche WebLink

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HOUSING Existing Housing Needs ❑ Complete an existing housing assessment, including: ❑ A table of existing local conditions, including the following information: ❑ 1. Total number of housing units. ❑ 2. Number of housing units affordable to households with incomes at or below 30% Area Median Income (AMI), between 31 and 50% AMI, and between 51 and 80% AMI. ❑ 3. Number of housing units that are owner occupied. ❑ 4. Number of housing units that are rental. ❑ 5. Number of single family homes. ❑ 6. Number of multi -family homes. ❑ 7. Number of publicly subsidized housing units by the following types: senior housing, housing for people with disabilities, and all other publicly subsidized units. Include expiration dates of affordability requirements when applicable. 0 Number of existing households that are experiencing housing cost burden with incomes at or below 30% Area Median Income (AMI), between 31 -50% AMI, and 51 -80% AMI. A map of owner -occupied housing units identifying their assessed values. At a minimum, differentiate the values above and below $211,500. ❑ A narrative analysis of existing housing needs. At a minimum address the components of the existing housing assessment within the local context of your community. Plans consistent with Council policy will clearly identify existing housing needs and priorities for the community. Projected Housing Need ❑ Discuss how the land use plan addresses the future housing need for your forecasted growth. For Those Communities With An Affordable Housing Need Allocation: ❑ Acknowledge your community's allocation of the region's need for affordable housing at three levels of affordability: <30% AMI, 31-50% AMI, and 51-80% AMI. ❑ Guide residential land at densities sufficient to create opportunities for affordable housing using one of the following options: 4 Option 1: Guide sufficient land at minimum residential densities of 8 units/acre to support your community's total allocation of affordable housing need for 2021 — 2030. This option may be best for communities that find it difficult to support densities of 12 units/acre (per Option 2), or prefer simplicity over flexibility in their density minimums. ❑ Option 2: Guide sufficient land at minimum residential densities of: n 12 units/acre to address your community's allocation of affordable housing need at <50% AMI. This combines your community's allocation at <30% AMI and 31-50% AMI. ❑ 6 units/acre to address your community's allocation of affordable housing need at 51-80% AMI. ❑ Option 2 may be best for communities that feel they can achieve affordable housing needs at 51-80% AMI with less than 8 units/acre. It also allows the affordable housing need to be addressed with less actual land, as is the case if communities choose to use even higher densities than are required. Furthermore, communities using Option 2 may guide land to meet their allocation of affordable housing need at 51-80% AMI using a minimum density range of 3-6 units/acre if they have demonstrated in the last 10 years the application of programs, ordinances, and/or local fiscal devices that led to the development of housing affordable at 51-80% AMI in their community. Examples include: density bonuses for affordable housing unit inclusion, local funding programs such as TIF, etc. Implementation Plan ❑ A description of public programs, fiscal devices, and other specific actions that could be used to meet the existing and projected housing needs identified in the housing element. Include in what circumstances and in what sequence they would be used. ❑ Plans consistent with Council policy will clearly and directly link identified needs to available tools. Needs are identified within the three levels of affordability, and tools should therefore be addressed within the levels of affordability as well. J Plans consistent with Council policy will consider all widely accepted tools to address their housing needs. A list of widely accepted tools is provided, however, this list is not exhaustive. Communities are strongly encouraged to include any additional tools at their disposal when identifying how they will address their housing needs. Page - 9 1 METROPOLITAN COUNCIL LOCAL PLANNING HANDBOOK Print Date: 3/15/2016 Checklist of Minimum Requirements for Centerville