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5.0 Meet city goals, LCA benchmarks, and city indexes (subject to market conditions and resource availability) for the period from 1996 to 2010 will be: CITY INDEX -exisling LCA BENCHMARKS CITY -WIDE GOALS Sources: Met Councilor 1996 through 2010 (City) Affordable Housing (ownership @ $115,000 or 76% (75.4%) 68% to 77% 75% less)* Affordable Housing (rental at S51O/month or 47% (50.0%) 45% to 48% 50% less)* Life Cycle Housing- Detached 59"/. (55.5%) Detached 64% t059% 60% - Comp Plan '94 Life Cycle Housing- Attached 41% (43.3%) Attached 36% to 41% 40% - Comp Plan '94 (Condos, Townhomes, Apt.) Owner vs. Renter Mix 68% (64. 9%) Owner units 64% to 74% Owner units 65% - Owner Units 32% (35.1 %) Renter units 26% to 36% Renter units 35% - Renter Units Density - S. Fam.- Detached 2.20 units per acre 2.85 units per acre- (2.84 u nits per acre) . 1.8 to 2.9 units per acre Density - Multi Fam.- 17.00 units per acre 12 to 15 units per acre- Attached (20.86 units per acre) 12 to 15 units per acre (Senior Housing may be higher density)* * To be adjusted annually. As mentioned above, the next step in the process is adoption of an Action Plan, in which the city identifies the possible programs that would be used to achieve its goals. The Planning Commission has a scheduled hearing on June 12, 1996; the Council has a hearing scheduled for June 25, 1996. The Action Plan is 1) collaborative, based on maximizing the assets the community already has (not a needs based program), 2) rooted in the residential areas and neighborhoods, and 3) at least partially self-supporting. Once the Commission and Council have adopted Action Plan items, the staff will prepare grant applications for the highest priority items. The application forms are due in mid August, 1996. Previous Comments: On May 8, 1996, the Planning Commission reviewed these items and commented that all appear to be consistent with the Comprehensive Plan. The Commission commented that city action plan should concentrate on a few 3