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REDA Meeting Minutes—Tuesday,June 5,2017 Page 10 Tom Key,3054 Highcrest Road Mr. Key noted his location on the other side of the triangle, directly across from a Village of St. Anthony grade school, which was also set to do an expansion, creating even more traffic in the triangle than just with this proposed project in Roseville. Mr. Key noted that his family had initially chosen this area due to the Mounds View School District, but having recently toured the Highview Middle School had found kids already having class in the hallways, with a bond referendum in the works that will raise taxes even more. Due to these unknowns, Mr. Key advised that his family had delayed a major home remodel, and questioned what this proposed project would further do to him home value. Mr. Key questioned what the payback would be for the city and its taxpayers for the city's use of public monies for the project, and how the construction business cycle looked long-term and whether this project would proceed without public financing, and if put off for a year would it still be a viable project. Sue Watlow-Phillips, Representative of MICAH, St. Paul, MN Ms. Phillips reviewed the purpose of her organization made up of area congregations supporting home ownership and housing for all people, and equal treatment for all residents. Ms. Phillips noted that most all in the room had been renters at some point in time, and assured all that there remained a need for rental properties, with only the predicted 6,500 units currently coming on line serving only 1/6 of the need for those with incomes of$30,000 or less. Ms. Phillips noted that there had been a housing crisis for the last four decades in this country, an issue that long has needed addressing. Ms. Phillips noted that there was not a lot of affordable housing available in Roseville or the entire metropolitan area, actually less than 1% for units with rents starting at $900 to $1,000 monthly. Ms. Phillips asked if there was sufficient housing stock in each community for equity and opportunities for all. Ms. Phillips advised that her organization had worked with the Sands Company in other communities who had the same legitimate and similar questions, and asked that the city consider their response, opining that Sands listens to the community; and encouraged continued community engagement to make sure everyone understands the project. Ms. Phillips suggested that the city provide some studies on what happens to home values when a project receives tax credits, and a review of values of those homes when in the proximity of affordable housing, that would provide accurate facts for the community to understand. Ms. Phillips stated that she was glad to hear community members express an interest in the 2010 comprehensive plan update. However, Ms. Phillips opined that this project would help Roseville achieve Metropolitan Council goals and provide additional housing units that were sorely needed.