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DRAFT <br />HOUSING GOALS AGREEMENT <br />METROPOLITAN LIVABLE COMMUNITIES ACT <br />PRINCIPLES <br />The city of Little Canada supports: <br />1. A balanced housing supply, with housing available for people at all income levels. <br />2. The accommodation of all racial and ethnic groups in the purchase, sale, rental and <br />location of housing within the community. <br />3. A variety of housing types for people in all stages of the life -cycle. <br />4. A community of well- maintained housing and neighborhoods, including ownership <br />and rental housing. <br />5. Housing development that respects the natural environment of the community while <br />striving to accommodate the need for a variety of housing types and costs. <br />6. The availability of a full range of services and facilities for its residents, and the <br />improvement of access to and linkage between housing and employment. <br />GOALS <br />To carry out the above housing principles, the City of Little Canada agrees to use <br />benchmark indicators for communities of similar location and stage of development as <br />affordable and life -cycle housing goals for the period 1996 to 2010, and to make its best <br />efforts, given market conditions and resource availability, to maintain an index within the <br />benchmark ranges for affordability, life -cycle and density <br />To achieve the above goals, the City of Little Canada elects to participate in the <br />Metropolitan Livable Communities Act Local Housing Incentives Program, and will <br />prepare and submit a plan to the Metropolitan Council by June 30, 1996, indicating the <br />actions it will take to carry out the above goals. <br />CERTIFICATION <br />Mayor <br />PAGE 37 <br />Date <br />CITY INDEX <br />BENCHMARK <br />GOAL <br />:Affordability <br />Ownership <br />76% <br />68-69% <br />See Attached. <br />Rental <br />38% <br />35-48% <br />1; <br />Life -Cycle <br />Type (Non - single family <br />detached) <br />64% <br />35 -36% <br />It <br />Owner /renter Mix <br />47/53% <br />(64 -75) / <br />(25 -36)% <br />" <br />Density <br />Single- Family Detached <br />2.0 /acre <br />1.8 -1.9 /acre <br />,1 <br />Multifamily <br />17 /acre <br />10- 12/acre <br />ft <br />To achieve the above goals, the City of Little Canada elects to participate in the <br />Metropolitan Livable Communities Act Local Housing Incentives Program, and will <br />prepare and submit a plan to the Metropolitan Council by June 30, 1996, indicating the <br />actions it will take to carry out the above goals. <br />CERTIFICATION <br />Mayor <br />PAGE 37 <br />Date <br />