2020-04-22 CC Packet - Laserfiche WebLink

Home Browse Search

Centerville 2040 Comprehensive Plan P UBLICLY S UBSIDIZED H OUSING The City does not currently have any housing units within its municipal boundary that is publicly subsidized. A FFORDABLE H OUSING Centerville is 14 new affordable housing units between 2021 and 2030. The allocation of affordable housing units is not something that the City is to develop on its own but rather is a through its land use and other housing tools. T ABLE 35 describes the affordable housing need allocation by percentage of area median income (AMI). Table 35 Affordable Housing Need Allocation Need for units affordable to Need for units affordable to Need for units affordable to households with income at households with income households with 51% to or below 30% AMI 31% to 50% AMI 80% AMI 9 4 1 The Metropolitan Council considers any housing development built at eight units per acre as a minimum threshold density that allows affordable housing to be considered. Based on ThriveMSP 2040 allocations, Centerville has a total affordable housing allocation of 14 units. Table 22 identifies the area median income (AMI) distribution of that affordable housing allocation. The high-density residential land use has a minimum density of eight units per acre and the central business district/mixed use district has a minimum density of twelve units per acre which could allow for the consideration of affordable housing units as they exceed eight units per acre. Map 4-3) it is anticipated that 7.54 acres of CBD/Mixed use land will develop by 2030. Land guided CBD/Mixed Use are required to develop with a minimum 25% residential. Based on that residential percentage, of the 7.54 acres of developed CBD/Mixed Use land, 1.89 acres will be residential development. That will result in a midpoint of 40 affordable housing units constructed by 2030 whic affordable housing allocation of 14 units. Page 56