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4t' <br />STAFF ORIGINATOR <br />DATE <br />TOPIC' <br />VA Goo <br />0.9.1 0 <br />AGENDA ITEM 9 A <br />Mary Kay Wyland <br />December 15, 1995 <br />'Livable Communities - 1 Year Housing Goals <br />At the December 11, 1995 City Council meeting, the Council tabled <br />the Livable Communities Program Goals. Since that time <br />Metropolitan Council Staff have advised us that a one-year goal <br />would be acceptable and could be revised at the City's discretion. <br />A suggested time -frame for this revision would be November of 1996 <br />when Lino Lakes will again be asked for confirmation of our <br />interested in continuing participation in the Livable Communities <br />Program. <br />Staff would recommend the following goals whichmirror current <br />development trends based on 1995 building permits issued and <br />anticipated development through 1996. <br />City Index Benchmark Goal <br />Affordability <br />Ownership <br />Rental <br />68% <br />23% <br />68%-69% <br />35%-48% <br />60% <br />- e3/U <br />Life -Cycle <br />Type (Non -single family <br />detached) 5% 35%-36% 3 <br />Owner/renter Mix 96/4% 64-75/25-36% 90/10 <br />Density /, Yt <br />Single -Family Detached 1.0/acre 1.8-1.9/acre Iv <br />Multifamily 0/acre 10-12/acre 5/acre <br />Affordability/Ownership assumes current growth/building rates <br />through the end of 1996 to come up with a goal of 60%. <br />Affordability/rental used the Metropolitan Council benchmark of <br />35%. The Willow Ponds Senior Project will increase the City's <br />current index of 23%. <br />Life-Cycle/Non-single family detached will increase due to the <br />Senior Project, Wenzel Farm Townhomes, and the Marshan Condo's. <br />The Metropolitan Council benchmark was used as a goal. <br />