HomeMy WebLinkAbout04/04/2024 EDAC Minutes
APPROVED MINUTES
CITY OF LINO LAKES
ECONOMIC DEVELOPMENT
ADVISORY COMMITTEE
MINUTES
DATE:
April 4, 2024
TIME STARTED: 8:00 a.m.
TIME ENDED: 9:29 a.m.
MEMBERS PRESENT: Andrew Cravero, Blakely LaCroix, Don Johnson,
Patrick Kohler, Nathan Vojtech, Keith Hembre,
Chris Spenner, Chad Wagner
MEMBERS ABSENT: Jim Schueller, Steve Marchek
STAFF PRESENT: Michael Grochala, Julie Whitney
1. CALL TO ORDER
Mr. Grochala called the Economic Development Advisory Committee meeting to order at
8:00 a.m. on April 4, 2024.
2. APPROVAL OF MINUTES
Mr. Vojtech made a motion to approve the March 7, 2024 meeting minutes. Motion was
supported by Mr. LaCroix. Motion carried 8-0.
3. DISCUSSION ITEMS
A. Anoka County Housing Study
Anoka County completed a county wide housing study in early 2024. Karen Skepper,
Director of Community and Government Relations for Anoka County, presented an
overview of the study findings. This included some specifics regarding Lino Lakes.
The City will be receiving over $140,000 dollars in housing added in 2024 with an
additional $248,000 estimated for 2025 to assist with affordable housing programs. Staff
is currently working with Ehlers’s and Associates to establish a housing trust fund to hold
the proceeds.
Key findings in the study were a robust household growth in Anoka County, labor
shortages, an extremely tight rental market, a dramatic increase in home prices and a
Economic Development Advisory Committee
April 4, 2024
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APPROVED MINUTES
demand for all types of housing between now and 2030. She stated the overall need in
Anoka County was 18,041 new single family housing units.
Key findings, specifically for the city of Lino Lakes, included the need for 1400 new
households this decade and an additional 600 the following decade . The survey looked at
available lots for single family homes in Lino Lakes. Ms. Skepper said there were 117
vacant developed lots that met zoning requirements and a potential for 493 future single
family lots. They also found 10 vacant developed lots for multi-family homes. She stated
the City of Lino Lakes has a demand for 718 single family homes and 307 multi family
homes between now and 2030 and stated we were in a good position with available land
and demand. Ms. Skepper is anticipating an acceleration in the demand for housing in the
next 24 to 36 months.
Ms. Skepper reviewed how rental units are broken up into two occupancies. One is
general occupancy, anyone can live there, and senior housing. She stated by 2030 there
will be a demand for 191 rental units with an additional 288 by the year 2040. The study
recommends that rental townhomes or an elevator style building would be appropriate
for our City. She also said multi family vacancy rates in the City are below 2.5% which
makes for a tight rental market. There is still some demand for senior housing but with
the new senior building, it has captured some of that demand for the short term. She also
said the demand would still continue.
Ms. Skepper and Mr. Grochala responded to the board’s questions.
B. Project Updates
Mr. Grochala updated the committee on current City projects.
4. ADJOURNMENT
Mr. Grochala adjourned the meeting at 9:29 a.m.
Respectfully submitted,
Julie Whitney, Community Development Administrative Assistant