09/02/2008 Council Packet - Laserfiche WebLink

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Communities must plan to accommodate lifecycle and affordable housing. Lifecycle housing refers to the mix of housing types that meet the housing demands of individuals and families throughout their lives, such as single family detached, townhomes, condominiums, apartments, and senior housing. Affordable housing refers to housing that a low to moderate income household can afford without spending more than 30% of its household income. The Metropolitan Council's definition of low to moderate income household is a household that makes 80% of the Twin Cities metropolitan area median income for owner occupied housing and 60% of the Twin Cities metropolitan area median income for rental housing. In 2007, the Twin Cities metropolitan area median income was $78,500; therefore, 80% of the median income is $62,800, which translates into a $206,800 owner - occupied home. Currently, the median income in Lino Lakes is $75,708 and only 33% of households in Lino Lakes have incomes less than $60,000. The Metropolitan Council prepared a report in 2006 that determines the affordable housing need in the region between 2011 and 2020 based on household growth potential, ratio of low -wage jobs to low -wage workers, current provision of affordable housing, and transit service. Based on this methodology, the Metropolitan Council's affordable housing goal for Lino Lakes is for the city to accommodate 560 affordable housing units between 2011 and 2020. However, because Lino Lakes is planning to accommodate growth beyond what the Metropolitan Council has forecasted, the community will also need to accommodate additional affordable housing units. Based on its revised household forecast and the Land Use Plan, Lino Lakes could potentially accommodate 1,245 affordable housing units between 2011 to 2020. The City will accommodate these units by providing areas for high density housing. Lino Lakes also needs to plan for a community-wide transportation system. Connections need to be made between transportation, transit, pedestrian and bicycle facilities and land uses. The city needs to improve transportation connections and identify transit opportunities. The City has prepared a 2030 Transportation Plan that analyzes the 2030 future land map and densities to determine the impacts to the local and regional roadway system. The plan identifies improvements to mitigate the impacts of new growth, including new roadway connections, increased transit service, and additional trails. History of Lino Lakes In the 1950s neighboring villages started annexing land away from Centerville Township. To protect the boundaries and allow for the financing of public improvements, the residents of the township voted to incorporate into a village. Several names were suggested for the new village, and most contained the word "lakes ". Although there is no consensus on the origin of the word "lino ", a Lino post office operated for about 10 years in the late 1800s. The town board decided to name the new village "Lino Lakes ". On May 11, 1955, the Village of Lino Lakes was incorporated. It covered the original Centerville Township, with the exception of the Village of Centerville, and was comprised of 21,000 acres of land and 1,800 citizens. In 1972, the State Legislature passed a law changing all Minnesota villages to cities, hence Lino Lakes' current status. 1 -8 • • •