2020-128 Council Resolution - Laserfiche WebLink

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• • • The Council originally intended the 2040 Plan as an update to the 2030 plan and few significant changes were expected. However, there were changes to the land use plan and the staging plan and the chapter includes graphics to identify exactly where those changes occurred. The land use chapter will be implemented by adopting a new Zoning Map to correspond with the land use changes and the city will update the City Code to implement the comprehensive plan goals as noted in the Planning Districts (in this chapter) and the Implementation chapter. Chapter 4 - Housing The Housing Plan satisfies the requirements of the Metropolitan Land Planning Act and stipulations of Minnesota Statute §473.859, Subd. 2(c) and Subd. 4. The plan includes background information on current housing supply and an assessment of current and future housing needs. Chapter 12 of the Comprehensive Plan includes implementation strategies for the Housing Plan and other plan chapters. The city developed a Land Use Plan that identifies residential areas at a variety of density ranges and will incorporate areas with higher density housing options. This will accommodate a wider variety of housing types including senior housing, live/work units, and multi -family in a variety of styles from rental, condo and townhomes. Single family options will range from entry-level single family, move -up for growing families and "executive housing" to meet the needs of a changing population. This shift to provide a more diverse housing supply supports future economic development objectives by retaining existing residents and attracting new residents from all social and economic backgrounds and is an essential component for sustainable growth. These areas will provide much needed housing options for the city's work force, young professionals, families, and senior residents. The 2040 Comprehensive Plan continues to accommodate these housing options. The city is required to show how the comprehensive plan will accommodate their share of the regional demand for affordable housings. "Affordable" housing is defined as housing that is affordable to low -and moderate -income families. The Metropolitan Council has calculated Lino Lakes' share of the region's need for low- and moderate -income housing for the decade of 2021- 2030 to be 515 new units. The city must demonstrate that it has guided residential land at densities sufficient to create opportunities for construction of affordable housing, to accommodate its share of the region's affordable housing need for 2021-2030. The regional and local plans will be updated again in ten years, at which time the city will need to accommodate the need for affordable units in the following decade of 2031-2040. Chapter 5 - Economic Development This chapter will set goals and policies for economic development, document some of the key indicators of the city's economy, describe available economic development assistance tools and describe the economic development priorities as established in the city's Economic Development Strategic Plan. This chapter also provide employment and commuter patterns. 3