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Page - 4 | 2015 SYSTEM STATEMENT – LINO LAKES INTRODUCTION <br />communities to consider any changes in growth trends or community expectations about growth that <br />may have an impact on regional systems. <br />The Thrive forecasts for population, households, and employment for your community are: <br /> 2010 (actual) 2014 (est.) 2020 2030 2040 <br />Population 20,216 21,129 22,800 26,900 31,100 <br />Households 6,174 6,374 7,300 9,000 10,600 <br />Employment 3,313 3,944 4,700 5,300 6,000 <br /> <br />Housing Policy <br />The Council adopted the Housing Policy Plan on December 10, 2014, and amended the plan on July 8, <br />2015. The purpose of the plan is to provide leadership and guidance on regional housing needs and <br />challenges and to support Thrive MSP 2040. The Housing Policy Plan provides an integrated policy <br />framework to address housing challenges greater than any one city or county can tackle alone. <br />Consistent with state statute (Minn. Stat. 473.859, subd. 2(c) and subd. 4), communities must include a <br />housing element and implementation program in their local comprehensive plans that address existing <br />and projected housing needs. <br />The Council has also determined the regional need for low and moderate income housing for the <br />decade of 2021-2030 (see Part III and Appendix B in the Housing Policy Plan). <br />Lino Lakes’ share of the region’s need for low and moderate income housing is 515 new units <br />affordable to households earning 80% of area median income (AMI) or below. Of these new units, the <br />need is for 284 affordable to households earning at or below 30% of AMI, 197 affordable to households <br />earning 31% to 50% of AMI, and 34 affordable to households earning 51% to 80% of AMI. <br />Affordable Housing Need Allocation for Lino Lakes <br />At or below 30% AMI 284 <br />31 to 50% AMI 197 <br />51 to 80% AMI 34 <br />Total Units 515 <br /> <br />Specific requirements for the housing element and housing implementation programs of local <br />comprehensive plans can be found in the Local Planning Handbook. <br />