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12-11-1995 CC
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12-11-1995 CC
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7/2/2018 10:37:06 AM
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MV City Council
City Council Document Type
City Council Packets
Date
12/11/1995
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HOUSING GOALS AGREEMENT <br /> METROPOLITAN LIVABLE COMMUNITIES ACT <br /> PRINCIPLES <br /> The City of Mounds View supports: <br /> 1. A balanced housing supply,with housing available for people at all income levels. <br /> 2. The accommodation of all racial and ethnic groups in the purchase,sale,rental and location of housing within the community. <br /> 3. A variety of housing types for people in all stages of the life-cycle. <br /> 4. A community of well-maintained housing and neighborhoods,including ownership and rental housing. <br /> 5. Housing development that-respects-t e- atural-environment-ofthe-community-while-striving-to-accommodate the-need-variety-of <br /> housing types and costs. <br /> 6. The availability of a full range of services and facilities for its residents,and the improvement of access to and linkage between <br /> housing and employment. <br /> GOALS <br /> To carry out the above housing principles,the City of Mounds View agrees to use benchmark indicators for communities of similar <br /> location and stage of development as affordable and life-cycle housing goals for the period 1996 to 2010,and to make its best efforts, <br /> given market conditions and resource availability,to maintain an index within the benchmark ranges for affordability,life-cycle and <br /> density. <br /> CITY INDEX BENCHMARK GOAL <br /> Affordability <br /> Ownership 89% 69-87% <br /> Rental 54% 35-59% <br /> Life-Cycle <br /> Type(Non-single family 43% 33-35% <br /> detached) <br /> Owner/rental Mix 67/33% (75)/(25)% <br /> Density <br /> Single-Family Detached 2.3/acre 1.9-2.3/acre <br /> Multifamily 12/acre 10-13/acre <br /> To achieve the above goals,the City of Mounds View elects to participate in the Metropolitan Livable Communities Act Local Housing <br /> Incentives Program,and will prepare and submit a plan to the Metropolitan Council by June 30, 1996,indicating the actions it will take <br /> to carry out the above goals. <br /> *The City of Mounds View currenly meets or exceeds all goals <br /> expected by the Metropolitan Council <br /> CERTIFICATION <br /> Mayor Date <br />
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