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2022-11-02 PC Packet
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2022-11-02 PC Packet
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8/27/2024 11:31:02 AM
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Item 05C <br />Page 6 of 17 <br />Affordable Housing <br />(i) <br />Drainage Management and Development Controls], 156 <br />[Construction Site and Land Disturbance Runoff Control], 158 <br />[Subdivision] and 159 [Wetland Zoning] of this code of <br />ordinances; and, <br />The Resolution includes conditions to comply with the City <br />Code. Additional compliance will be achieved via the building <br />permit process. <br />Dwelling unit and accessory use requirements are in <br />compliance with the district provisions in which the <br />development is planned. <br />Dwelling unit requirements is sufficient, as determined by this <br />Resolution (PUD and Development Review). There are no <br />accessory uses proposed. <br />The project relates to the City's 2023-2025 Strategic Plan, and <br />2040 Comprehensive Plan. Among the Strategic Plan strategies, <br />includes; "Support the development of a variety of house stocks <br />that includes affordable and market rate and the maintenance of <br />properties", and; "Continuing supporting tax increment financing <br />(TIF) as an economic development tool." The Metropolitan <br />Council forecasts affordable housing needs throughout the region, <br />allocating each community its share of that need, and requires <br />Comprehensive Plans to guide sufficient land at residential <br />densities to accommodate this need. <br />NEED for units <br />affordable to <br />households with <br />income at or <br />below 30%AMI <br />NEED for units <br />affordable to <br />households with <br />income 31% to <br />50% AMI <br />NEED for units <br />affordable to <br />households with <br />incomes 51% to <br />80% of AMI <br />TOTAL <br />Mounds View Allocation of Need, 2021-2030 <br />27 <br />11 <br />21 <br />59 <br />Woodale Apartments <br />14 <br />126 <br />0 <br />140 <br />TOTAL Need (after Woodale) <br />13 <br />0 <br />21 <br />34 <br />Population <br />Based on Staff's analysis of population per household data <br />analysis provided by the Metropolitan Council, Staff estimates the <br />140-unit apartment building will be home to 343 residents, <br />including 72 residents that are school -age. <br /># of units <br />Age 0-4 <br />Age 5-17 <br />Age 18+ <br />Total <br />1-bedroom <br />35 <br />1.19 <br />1.54 <br />43.51 <br />2-bedroom <br />70 <br />16.31 <br />25.62 <br />120.05 <br />3-bedroom <br />35 <br />15.23 <br />44.38 <br />74.73 <br />TOTAL <br />140 <br />33 <br />72 <br />238 <br />343 <br />Source: Metropolitan Council summarization of American Community Survey (ACS) <br />Public Use Microdata Sample (PUMS), 2015-2019 <br />The Mounds View Vision <br />A Thriving Desirable Community <br />
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