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City of Mounds View 1 2040 Comprehensive Plan DRAFT September 21, 2020 Mounds View is an affordable community, with strategic access to major freeways, and is within an outstanding school district. The community welcomes all people. Regarding Affordable Housing, the Metropolitan Council has allocated a need for 27 additional units of affordable housing in Mounds View by 2030.E The City will consider subsicizing development projects on a case by case basis (e.g. Tax Increment Financing, etc.), dependent upon location, project integratiion within the neighborhood, and the City's fiscal abilities. The most desirable location for affordable housing is within '/4 mile of both regular mass -transit stops (e.g. route 25/825) and grocery stores (Aldi). There is a one -block corridor that fits this criteria; Long Lake Rd, between Hillview Rd & Bronson Dr. This block consists of, and is guided for single-family residential; thus, transit -dependent affordable housing is not practical in Mounds View without cooperative change by Metro Transit. It is the City's desire for affordable housing to be mixed with market rate housing, although, in practice, this has not been feasible. The reasons why, need to be studied further. Mounds View includes a substantial amount of naturally occuring affordable housing, such as manufactured homes, and aging apartments built in the 1960's and 1970's. It is the City's desire that these communities be stabilized, physically (structures) and neighborly (community). The City does not have the capacity to stablize these communities alone, and is dependent upon cooperation with property owners, Ramsey County, ISD 621, community organizations, and private development. Since the relocation of US Highway 10 in 1999, Mounds View Boulevard (County Road 10) has experienced many vacant businesses and blight due to changing traffic patterns, a changing economy, and commercial landlords who have choosen not to reinvest in their properties. The 2018 Community Survey indicates that Mounds View Boulevard is the #1 priority that residents would change, and that there is a desire for additional restaurants, grocery stores, retail, and other businesses. In order to support such businesses, the community's income must increase, either through higher incomed families, or through increased density. In either case, redevelopment involves change, which is difficult for established neighborhoods to accept. But change is necessary to support the Mounds View Boulevard corridor. Similar to aging apartment buildings, the community includes aging single- family homes. The City utilizes the Center for Energy and Environment (CEE) to administer the City's housing assistance program! The program has been seldomly used, and is adequately funded based on demand. The program is e Metropolitan Council, 2021-2030 Allocation of Affordable Housing Need. Allocation of need includes 13 units for households at or below 30% of the Area Median Income (AMI), 5 units for households with income 31 % - 50% of AMI, and 9 units for households with income 51 % - 80% AM I. Emergency Repair Loan, Revolving Loan Program, Manufactured Home Loan, Home Energy Squad. MOUNDS VIEW Festival in the Park parade Chapter 7: Implementation 1 7-15