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HomeMy WebLinkAbout06-24-1999 ECONOMIC DEVELOPMENT COMMISSION AGENDA SJune 24, 1999 7:30 A.M. MOUNDS VIEW CITY HALL - CITY COUNCIL CHAMBERS I. CALL TO ORDER A.M. 2. ROLL CALL (Present = P, Absent = A) v.' ✓Carlson ", �� a /Goff omason (EDA Liaison) v Field organ (Staff) Kahnke (Staff) Carroll (Staff) althe 3. APPROVE EDC MINUTES May 27, 1999 (4(� Action: Motion 1� Second ii\V AAII Vote 4. SPECIAL BUSINESS : None anticipated. 5. EDC BUSINESS: A. Comprehensive Guide Plan — Economic Development section Continuation of prior discussions; review/modification/approval of latest draft B. Discussion of TIF options (per City Council/EDA direction) 6. Report of Commissioners, Staff and EDA Liaison 7. ADJOURN A.M. Next Regularly Scheduled Meeting: July 22, 1999 1 N:\DATA\GROUPS\ECONDMEDA-EDC\EDC\AGENDA99\AGEN0624.WPG Minutes of the Economic Development Commission City of Mounds View Ramsey County, Minnesota Regular Meeting May 27, 1999 City of Mounds View, City Council Chambers 2401 Highway 10, Mounds View, MN 55112 I. CALL TO ORDER: The meeting was called to order at approximately 7:45 a.m. by Vice-Chairperson Rosemary Goff 2. ROLL CALL: Members present: Rosemary Goff, Tom Field, Sean Walther,Julie Olsen, Wendy Marty,Jerry Kahn, EDA Liaison Lynn Thomason. Members absent: Cindy Carlson Staff present: Economic Development Coordinator Kevin Carroll. 3. APPROVAL OF MINUTES: • Motion/Second:Walther/Field to approve the minutes from April 22, 1999. Motion Carried 6 Ayes 0 Nays 4. SPECIAL BUSINESS None. 5. EDC BUSINESS A. "Economic Development Potpourri" Economic Development Coordinator Kevin Carroll provided the EDC members with a verbal update regarding: 1. the finalization of negotiations with Everest Development, the execution of the Development Assistance Agreement, and the commencement of construction of Building"N"; 2. the grand opening of the new Wynnsong 15 movie theater on May 19, 1999; 3. recent legislation affecting, or potentially affecting, economic development (EDC members were given copies of a summary prepared by the Association of Metropolitan Municipalities); and 4. the Business of the Year Awards Luncheon that was held at the Mounds View Community Center on June 3, 1999 -- at which the Mounds View Animal ■ To: Economic Development Commission Members MEMORANDUM From: Kevin Carroll, Economic Development Coordinator Subject Comprehensive Guide Plan update (Economic Development Section) Date: June 22, 1999 Attached hereto you will find the latest draft of the Economic Development section of the Comprehensive Guide Plan. In accordance with last month's discussion, the new draft reflects the following changes: I . In Section One [Community Economic Goals], I have deleted the highlighting. 2. I have renumbered Section Five [Priorities] as Section Two and placed it after Section One. 3. I have renumbered Section Four [Resources] as Section Three, converted it to a "bullet format" as in (the new) Section Two, included a reference to the • airport's proximity as an additional resource, deleted (in #2)the references to Highway I 0 and County roads, reworded #4 to expand its scope, and reworded #5 to eliminate the reference to a "unifying visual theme." 4. I have renumbered Section Three [Challenges] as Section Four and converted the table into a narrative summary of"circumstances"that the City intends to address in a positive fashion. 5. I have renumbered Section Two [Financial Incentives] as Section Five, eliminated the attachments, and (per the EDC's request) sought guidance from the City Council/EDA concerning the extent(if any)to which EDC analysis of the City's TIF policies is desired in connection with the ED section of the Comprehensive Guide Plan. With regard to the latter, I have attached a copy of my 6-21-99 Staff Report to the City Council. At its meeting on that date, the City Council adopted the specific direction that is outlined in the second paragraph of that Report. During last month's discussion of this topic, it was suggested that our working draft of the ED Section should include more references to (and information about) housing as 1111 a component of economic development. The EDC members were then advised that other City staff members and the Planning Commission have been working for months on a "Housing Element"for the City's Comprehensive Guide Plan. It was agreed that ■ the EDC should be provided with a copy of that document so that a more informed • decision could be made about whether the ED Section should be modified to include more housing information. A copy of the latest draft of the Housing Element has therefore been enclosed for your review. I look forward to hearing about, and discussing, any other additions, deletions, or modifications that you believe to be appropriate. r r - {(I//'+ /r`i11 , / . ' A4 Key Carroll (6I -717-4029) Economic Development Coordinator N:\DATA\GROUPS\ECONDEV\EDA-EDC\EDC\STAFF99\062499.MEM • • ■ s • 1999 ands View Mo Comprehensive Guide Plan Update ECONOMIC DEVELOPMENT 1. COMMUNITY ECONOMIC GOALS • Mounds View's future economic development will be governed and directed by a set of basic goals, principles and assumptions. The most important of these are set forth below. The redevelopment or expansion of an existing business, new commercial or industrial development, or residential housing will be considered even if it involves the possible acquisition, demolition or relocation of an existing business or residential-home: The redevelopment or expansion of an existing business, or new commercial or industrial development, or residential housing will be considered if a reasonable opportunity for public input has been provided, particularly by those business owners and homeowners who could potentially be affected. Whether or not such parties support (or, at a minimum, do not oppose) any proposed redevelopment, expansion, new development or new project will be one of the more important factors in determining the City's position with respect to any such proposal. In the final analysis, the City's goal will be to determine whether the actual or potential • benefits to the City (from any such proposal) outweigh the actual or potential • negative impacts on individuals, businesses or the community as a whole. The City will actively market itself to selected "target audiences" as a prime location for specific types of businesses and industries. In order to continuously refine and review its objectives as economic conditions and realities change, the City (through the EDC and/or the EDA) will annually update its list of"targeted" businesses and industries. Although the City will respond in a timely and businesslike manner to all requests for information about the City's suitability as a business location, City staff members will focus their attention on those requests that come from businesses of the type that appear on the City's "target list." In light of the increasing "mobility" of businesses in general, the City's future economic development efforts will focus on retaining existing businesses and industries in the community, in some cases by helping to create circumstances under which they can expand to meet their customers' needs and/or their own desire to grow and prosper financially. Given the fact that the City is almost fully developed, and in order to improve the City's tax base and improve the City's visual aesthetics, the City also intends to devote significant attention to redeveloping aging, obsolete, • blighted or otherwise underdeveloped structures. Additionally, the City will explore the opportunities that are presented by the few remaining parcels of undeveloped property. In some cases this may involve assisting the owners of such parcels with the marketing of their properties to prospective developers. The City recognizes that the maintenance of an adequate workforce will be one of the most serious challenges that will face business and industry for much of the foreseeable future, and that the private sector and/or educational institutions will be primarily--responsible for addressing and resolving workforce issues. However, the City is prepared to assist with such efforts by working collaboratively with others who are concerned about such issues. The nature of the City's assistance may include having City representatives serve on local and regional committees, commissions and agencies devoted to this important topic. • 2 f--e l"c Sje P/�- . / 5 -/l ',/ i l •✓ G ) � - l '/id" F • ; 62. PRIORITIES FOR EC 0� IC DEVELOPMENT DECIS, ONS 4),ti-\ / z_ Apt_ 0,A-1,760--8 ",.� . all 'Y , general, the City of Mound View's economic develop ent priorities e 7-2- -i•:kliews: ,;' ---__A--/tA,,i4 746A /ee-e--,/' , -(--1- - i,e.t-t ('• .. ,d-e-e, ,r, le PreA -\\Lti4,,,,, . AftiuJA • Retain existing businesses that make positive contributions to the local economy. • Vie-a reasonable and prudent level of assistance to enable existing businesses to expand their operations and/or facilities in ; Mounds View. A .���(`^~ )4''* •1J • Attract new commercial and industrial develo.mei 0 • der to expand the I ,, S '49" tax base, thereby providing property tax relief for homeowners fP. ; f • Encourage the development of new office space, warehouse space and retail / ' operations that will enable Mounds View to offer services, facilities and Ili goods that are not presently available in the community, or that are unavailable in sufficient quantity or quality. 'Jim) • Pursue the redevelopment of parcels and sites that are aesthetically ' displeasing, contaminated, blighted, abandoned, or otherwise underdeveloped. 0 `5 • Facilitate communications between and among the City, Ramsey County, local businesses, the Chamber of Commerce, local educational institutions, and-any-other parties or entities-having-a-director_indirect interest in the .e _- - continued economic prosperity of Mounds View. Beyond the preceding general priorities and objectives, the City will continually develop and review more specific priorities in order to provide guidance to City staff, business owners, developers, and residents with respect to intended areas of concentration (geographic and otherwise). III ' �� , 4 0 rittip 3. RESOURCES TO SUPPORT ECONOMIC DEVELOPMENT "Resources to support economic development" can be defined as any facts, programs or circumstances that enhance Mounds View's ability to attract new businesses, retain and expand existing businesses, or assist in the preservation of a vibrant, diverse local economy. Such resources currently include the following: • Close proximity to Interstate 35-W, allowing relatively quick and easy access to the downtown areas of Minneapolis and St. Paul, and to other portions of the Twin Cities metropolitan area. • Good internal traffic circulation. • Successful, attractive business parks. 4 6 • Visible evidence of new commercial activity, storefront improvements, "' remodeling, and other indications of local economic health,-athe . • t . ., - .- . ' - i .. . -_•• - •_ 8■ -, • • Ongoing efforts to enhance the appearance of, and to better coordinate planning for the further development of • Local business owners who are interested in expanding their operations and improving the appearance of their properties. • The potential availability of tax increment financing for appropriate development or redevelopment projects. • The potential availability of city-assisted funding for cosmetic and operational improvements, through the Business Improvement Partnership Loan program. • Parcels of land • . . '= ; - . _ ► ►, that are suitable for development or redevelopment. • An active local Chamber of Commerce. • Str• • : oval 'I - -st (amo - ': - • 'usine - m p ans or loca • 4 on. 'c ►ev- pm- It, es. -c ly al. • : High y 10. • • A coordinated approach to local planning and development issues, as evidenced by the ongoing work of the 1-35W Corridor Coalition. • Histo - ily low interest r. A continuin. "legisl. ve inclina''in" to educe commercia and industri. property tax ra - . • A plentiful supply of"life-cyc e'fio sing to accommodate a wide range of (/ incomes.*j lu�,' g .1 'er. r- • :. . . -t'- o a'or. e s' - . - .. s . -rs. • Easy access to mass transit for workers who need or prefer to use such methods of transportation. • The proximity of the Anoka County Airport in Blaine. Th: willingness ability of the ouncil, Econ: 1 evelopmen Authority, Ec,,nomic 9 evelopme 't Co 'ssion, c. staff -mbers, d comm, esidents to arke ounds Vi: . good locatio new businesses and/or for busi -ss expansion. 4. ECONOMIC DEVELOPMENT CHALLENGES The effectiveness of local economic development can be enhanced by continuously assessing, and attempting to address, any circumstances that might negatively impact the local business climate. Such circumstances include those that might: a. make a developer or business owner less inclined to establish a new business in Mounds View; or 1\1, '1;1, b. make a developer or business owner less inclined to relocate an existing business to Mounds View; or c. make an existing Mounds View business less inclined to 5 I, pte. expand its operation in Mounds View; or , I d. make an existing Mounds View business consider movi g its operation to another community; or e. adversely affect, in some other way, the ability of : existing Mounds View business to achieve economic s/ccess. The preceding circumstances are, to varying degrees, • 'tigated by the presence of financial and other incentives that encourage or all, economic development. Successful economic development will continue o require the careful monitoring of these existing and developing challenges so • .t realistic and timely efforts can be made to emphasize Mounds View's many •ositive attributes in order to effectively minimize or c -ract negative percep 'ens or circumstances. Examples of such ✓ future effort• mas'elude the follow'• .: • In order to address the rel. ive scarcity of raw land suitable for new $ i f , construction, . `ltii►A•:•k prepare and periodically update an inventory of r, 1(I' undeveloped land, list undeveloped parcels on the City web site with the ` knowledge and consent of their owners/agent, and possibly acquire and/or "p clear underdeveloped sites suitable for new construction. • In light of the small size of the few remaining parcels of undeveloped land, Wick141414 focus development efforts on businesses suitable for smaller • , lots, and investigate the possibility of combining adjoining lots to accommodate larger businesses. • In situations involving unrealistic price expectations on the part of those who own undeveloped parcels of land (i.e., asking prices well in excess of actual market value), tAle,MAMAI-wait for the market to "catch up"with currently excessive asking prices and investigate options that might reduce those prices (offering relocation assistance, etc.). In cases involving actual or perceived neighborhood opposition to commercial development of certain types in certain areas, ri t a \ survey nearby residents to determine their preferences and/or arrange neighborhood meetings or public hearings in connection with proposed commercial development(s). 6 • • Owners of"underdeveloped" parcels (especially residential homeowners and 4110 owners of old or obsolete commercial structures) are sometimes unwilling to Op? sell, thereby delaying or preventing the development of those properties erties to 0their highest and best uses. In such situations the City may choose to arrange el)" meetings with the owners, provide current information to them regarding the potential market value of their properties, develop or refine City relocation ,ii policies, or4consider the use of eminent domain in appropriate circumstances. • In order to counter the possible perception that Mounds View lacks a { -f, commonly known or readily ascertainable "identity" that would attract new yT PY- busifr ses, t 4 continue work on the development of XHighway 10 _ ., `-klesigirtheinef maintain a high profile within the local and regional business v\ - communities and handle "business climate" inquiries promptly and professionally. • Given the scarcity of attractive office space and rental warehouse/office space, t144,44.41 encourage new construction to meet these needs. • • Due to the potentially high cost of some of the available methods of aggressively recruiting the most attractive "new business" prospects and/or "marketing" Mounds View as a business location,likade,4444 investigate ` j. , , and use the more cost-effective and/or more carefully "targeted" recruitment/marketing techniques 0 , • • • s• - :• - n; •s,r • i. , i ion:, . • Inasmuch as limited funds are available for the funding of business incubator programs, "enterprise facilitation" projects or other initiatives designed to help new businesses get started locally, AteiXtifiyvoyali aggressively pursue grants to fund such programsstablish collaborations with other governmental entities and no eprofit organizations, and serve as a clearinghouse for information about assistance (financial and otherwise) that may be available from sources other than the City. • A competitive economic development climate currently exists, in which municipalities will sometimes try to entice businesses to move from one community to another. Mounds View will avoid "raiding" nearby communities for relocation prospects, and will work together cooperatively • 7 . • with them whenever possible. • The Twin Cities area is currently experiencing one of the lowest levels of unemployment in modern times, resulting in concerns about the community's (and the region's) ability to provide an adequate workforce. Mounds View staff members will, wherever practicable, participate in groups and/or activities designed to seek solutions to ongoing workforce issues. • In light of a continuing"legislative inclination" to restrict future use(s) of tax increment financing, monitor proposed legislation and lobby for or against legislation, where appropriate. • Due to the high cost of redeveloping property vs. developing property v 2 . \ il'1 eek creative solutions to the financing challenges inh-rent • ` 4 potential edevelo sment project . _(A N., Ai\lywo1J\6, ;�� e\ tIr,.! \44 t 4 { ,0 5. FINANCIAL INCENTIVES • Tax increment financing and other available forms of assistance will continue to be used by the City, where and when it is appropriate to do so. City financial assistance will generally be limited to situations in which its use will enable the City to attract a new business, retain or expand an existing business, provide new employment i opportunities, enhance the City's tax base, or otherwise improve the appearance or vitality of the local business economy. Tax increment financing will be used in a , , manner consistent with the City's written TIF Policy, which may be amended from time to time--to-reflect-changes in-the-local economy-and/or the publicassistance philosophies of the members of the City Council and/or the Economic Development Authority. C:\OFFICE\WP WIN\WPDOC S\COMPPLAN.ED6 III 8 • HOUSING ELEMENT • • Introduction • The City of Mounds View is a fully developed suburban community in the northern twin cities metropolitan area.The intent and content of Mounds View's housing element therefore is directed towards maintaining and improving the quality of the existing housing stock and providing infill housing where possible. The housing element looks at four areas as required by Metropolitan Council guidelines. These include existing housing supply, future housing needs, housing goals and policies, and methods which will be used to achieve the goals. S • Population • POPULATION PROJECTIONS TABLE_Population and Household Projections �� �,� 1960 1970 1980 1990 1996 Estimated 2010 Estimated 2020 Estimated ° E#+ 7`tet. Population 6,413 10,599 12,593 12,541 12,789 12,200 12,200 Households 2,777 4,248 4,885 4,904 5,200 5,500 AGE OF POPULATION TABLE_ Households by current age of householder(number and percent) Age Owner Occupied Renter Occupied Total Percent 15 - 24 63 260 323 6.9 • 11111 25 - 34 724 585 1309 27.9 35 -44 947 271 1218 26.0 45 - 54 679 97 776 16.5 55 - 64 508 38 546 11.6 • 65 - 74 325 22 347 7.4 75 and over 114 59 173 3.7 TOTAL 3360 1332 4692 100 Source: 1990 Census The first census taken of Mounds View was in 1960 after its incorporation in 1958. At this time, the population was 6413. The population of Mounds View increased by 65% over the next decade to 10,599. By 1996 the estimated population had risen to 12,789. The Metropolitan Council estimates that the population will decline to 12,200 by the year 2010 and remain stable after that. As can be seen by Tables_and_over 40% of the City's population is over 35 years old according to the 1990 Census TABLE_ Population by Age Group • Age Population Percent 0 - 19 3,467 28.7 20-24 1,097 9.0 25 -34 2,560 21.2 35 -49 2,739 22.7 50- 64 1,474 12.2 65 -74 561 4.6 75 and over 194 1.6 TOTAL 12092 100 Source: 1990 Census HOUSEHOLD INCOME City Median Income City Median Income North Oaks $114,470 Roseville $37,862 Gem Lake $52,091 Maplewood $37,856 Arden Hills $50,600 . North St. Paul $37,617 Shoreview $48,828 Mounds View $37,117 White Bear Township $46,798 Little Canada $34,015 Vadnais Heights $43,929 Falcon Heights $31,661 New Brighton $40,324 Lauderdale $30,000 White Bear Lake $39,062St, Paul $26,498 Source: 1990 Census;Ramsey County Policy Analysis Division According to the 1990 Census, the median household income in Mounds View was$37,117.As can be seen by Table Mounds View has the fifth lowest median household income when compared to the 15 cities in Ramsey County. Housing Supply • HOUSING TYPE TABLE_ Total number and percent of dwelling units by type. i'N''yy '.+✓,. + .. tfifS-' , €°:'�,+Ny1i**,K`wa`,s £s„. `sSs 1 s'..�,,5, fy, rtmzFan'.� ,rr`.'3>-°w..+a Xt3 }y'°'". a 1y9,et : Single Family 2,731 41 2,772 55% Duplexes 43 79 122 2% Fourplexes 8 108 116 2% Apartments 0 1,244 1,244 25% Condos 185 0 185 4% Manufactured 585 0 585 12% TOTAL 3,552 (71%) 1,472 (29%) 5,024 100% SHOUSING VALUE Owner Occupied Single Family/Duplex Maximum- $238,100 Minimum- $31,800 Average- $96,463.78 RENTAL RATES RentalRates Average 1 Bedroom- $493 Average 2 Bedroom- $591 Average 3 Bedroom- $768 Average Rent(1 and 2 Bedroom)-$542 Average Rent(1990 Census)- $459 • H AGE OF HOUSING STOCK • Figure_illustrates the location and age of single and two family residential properties in Mounds View. TABLE Age of current housing stock ,.-ss Ys�`+�t{,r E*t^*,. �i� 5",.a�.he� . ) 9•r , Itl € b ll 18 r .Qta C&II : s a r� Before 1940 84 0 84 3% 1940-1949 305 4 309 10% 1950-1959 . '970 4 974 34% 1960-1969 360 70 430 15% 1970-1979 776 12 788 27% 1980-1989 194 32 226 8% 1990-Present 83 0 83 3% TOTAL 2,772 122 2,894 100% Sixty two per cent of Mounds View's housing stock is at least 30 years old. HOUSING CONDITION TABLE_Housing Condition x6ffal.('.�aT ditt ma`# A .. x:_ -{ UriiDII ;�— �N �he^` ':, :] ais'+3 r.:ar,c.U,s> 3z•^z .. - .�, e+MF9lucfld�:i Mret - a '11M- 1s Mierc+rtenr -AWk✓` ro Excellent 100 2.0% Good 2,813 56.0% Average 1,508 30.0% Below Average 392 7.8% Poor 201 4.0% Condemned/Uninhabitable 10 0.2% TOTAL 5,024 100% Sources: Ramsey County Assessors Data(1998). Mounds View Housing Study(1995) Approximately 600 housing units in Mounds View are in below average, poor or uninhabitable condition. This constitutes 12 % of the total number of housing units in Mounds View. These units are in need of rehabilitation or replacement. 5 SUBSIDIZED HOUSING There are currently228 subsidized rental units in Mounds View. Subsidized units comprise 15 per cent of IIII P the total rental units in Mounds View. The following is a listing of the subsidized units in Mounds View: 1. 40Apartment/Townhouse-Low Income Housing Tax Credit (Silver Lake Commons) 2. 10 Apartment/Townhouse- Hollman Units(Silver Lake Commons) 3. 75 Apartment/Single Family- Metro HRA Section 8 Units(city wide) 4. 40 Apartment- Senior Section 8 Units(Wildwood Manor) 5. 71 Apartment- Senior Tax Credit Units(Silver Lake Point) Total Subsidized Units-228 PERMITTED DENSITIES TABLE Minimum Lot Sizes ZoningDistrict/Type of Lot Minimum Lot Size Minimum Lot Area Maximum Density (In Square Feet) Per Dwelling Unit (Dwelling Units/Acre)1 (In Square Feet) l� 2 -K, z�E f `4,----1 4 -, t ,'''t 1 "',i; ''''', ,,,-f!,-f!,- tt'''",,--P tF w.f .-, i , S.yan ;X '1�E "';2;t11,174'4*, + 6. *D,. / K W Y414 44 4' ,yp l 2 R } a2A i _.1 .�^.3� b.�t�� �H A+':Y §_ .�4 .. �sE;'�x '..' �� `P^".: .Y:'� �� '1 SAY. ��'i • R-1 Interior Lot Single Family Detached 11,000 ., 11,000 3.96 N x7t i- 54 ..i�y c rasa' '' zb -a.y2 ., ° A i.}bwwx £ t i 'ft.=R-1 Corner Lot 12,500 12,500 3.48 Single Family Detached ,,v,,,,,,.;„,,,,,,,,:„.4,: ,,,,,, ,—r-777,7,7:,xa� �(, ti':'x .,te t ',7,,, i-3:1 a' se„t ';:�s° r_`i W;)-ci4f, k 'k1'rS .�s ,,Yt� ._•4-'..1,-41.i.�1+, zs7X .h / t 1 R-2 6,250 For Each Half of a 6,250 6.97 Two Family Attached Divided Lot. 12,500 For Undivided Lot °tP +l ';',1:1,* tt ,3. .�+ r 3iY l4s°is4;q.#sx .'^k ' s ,±ab �..�e . . ` r'.''^ .s,` t��„... L : w - .. cr+ ;. ., . , w „,.. .'tur,.-'i ,,,,e, ..ia xi*7C z'Y,$ Yfi Yd;..£A ,„ :.'4 .,.r„. .: Nelart, to, ttgif S o-' 4'.a`4,j R-3 and R-4 Dependent on the Total Townhouse: 6,500 Townhouse: 6.7 Townhouses, Condos, Number of Units All Other: 2,500 All Other: 17.42 1 Multifamily � Mounds View's current zoning ordinance permits single family residential development up to 3.96 dwelling units per acre and multifamily densities up to 17.42 units per acre. Higher densities could occur under the City's planned unit development ordinance. III 1 LAND AVAILABLE FOR DEVELOPMENT/REDEVELOPMENT • Figure_shows land potentially available for residential development and/or redevelopment. There is a limited supply of land that can be developed for additional housing in Mounds View. Potential sources include vacant single family residentially zoned lots, subdivision of large existing single family lots, and redevelopment. Soil and water table constraints limit the development of a number of existing single family lots. Redevelopment possibilities include manufactured home parks and single family lots adjacent to commercial and high density residential properties. HOUSING SALES TABLE_Housing Sales. ,AtTn.� anw, am' ediant a asera al 1997 124 $109,900 $111,067 1996 99 $95,000 $100,998 1995 108 $94,000 $99,700 • 1994 120 $91,900 $96,700 1993 107 $87,300 $90,400 VACANCY RATES Single Family Homes - 9 listings active -No vacant units Multiple Family -4 condemned units -Approximately 1.5% vacancy rate AFFORDABLE HOUSING As can be seen from Table_31 %of the housing units in Mounds View are affordable according to the 1990 Census. Mounds View has the fifth highest ranking of all the communities in Ramsey County. Mounds View's percentage of affordable units is higher than the region as a whole but less than Ramsey County as a whole. Table_shows statistics provided by the Metropolitan Council relating to several housing indicators. The table compares Mounds View to the fully developed area as well as the suburban communities in the _ sector north of St. Paul. These statistics show that Mounds View exceeds the fully developed area and the sector for percentage of housing affordable to low income families, percetage of homestead valuations • under$115,000, and for percentage of rental units with gross rents under$500 a month. TABLE_Affordable Housing • 0 Community Rank Percent Total Total Units With Owner Units Affordable Gross Rent Occupied Affordable Units <$500 Units With Values <$60,000 Arden Hills 102 18 % 514 165 349 Falcon 35 37% 719 686 33 Heights Gem Lake 152 , • 6% 7 0 7 Lauderdale 24 44% 506 396 110 Little Canada 47 32 % 1220 582 638 Maplewood 76 23 % 2551 1270 1281 Mounds View 48 31 % 1437 720 717 New Brighton 61 26% 2180 1638 542 North Oaks 180 2 % 17 12 5 IIINorth St. Paul 76 23 % 999 723 276 Roseville 95 19 % 2463 2004 459 St. Paul 16 47% 48509 34497 14012 Shoreview 123 12 % 1134 514 620 Vadnais 95 19 % 800 188 612 Heights White Bear 134 9 % 297 38 259 Township White Bear 117 15 % 1336 978 358 Lake Ramsey NA 36 % 65187 44840 20347 County Total Region 27% 225040 149540 75500 Source: 1990 Census • to TABLE_Housing Indicators • • Housing Indicators Mounds View Region Fully Suburbs North Developed Area Of St.Paul Affordable to Low Income Families %Rented 30.3 26.5 13.8 %Owned 24.8 4.1 3.6 Homestead Valuations %Under$72,000 28.2 26.3 20.1 %$72,000 to$115,000 61.7 53.2 50.5 %Above$115,000 10.1 20.5 29.5 Gross Rents %Under$300 3.7 6.9 5.6 %$300 to$499 50.4 37.7 42.5 %Above$500 45.9 55.4 51.9 Publically Assisted Housing %Fed.Assisted Rental 1.7 3.6 1.6 %Fed.Assisted Non-elderly Rental 0.7 1.8 0.8 %All Public Assisted 2.4 4.1 2 Housing Diversity %Not Single Family Detached 43.3 41.1 35.8 Rented 33.4 35.6 25.9 • Age of Owned Housing %Built Before 1950 12.6 20.5 10.3 %Built 1950-1959 25.9 36.5 21.6 %Built 1960-1969 12.8 21.4 14.2 Age or Rental Housing %Built Before 1960 8.6 18.6 14.9 %Built 1960-1969 22.3 31.6 28.8 %Built 1970-1979 47.4 29.9 39.2 Age of Head of Household %Age 15 to 24 7.3 5.1 4.4 %Age55to64 10.9 14.8 12.6 %Age 65 and over 10.4 22.5 15.8 Multifamily Density 11.8 15.3 12.4 Land Availability %Undeveloped Within City 13.7 9.4 34 %Of Total Undeveloped in MUSA 0.2 5.4 6.8 Employment Jobs Ratio 0.49 1.17 0.84 Jobs Growth 1408 50382 15688 %Of Regional Job Growth 0.681 24.36 7.59 ill Source:Metropolitan Council Il Future Housing Needs • METROPOLITAN LIVABLE COMMUNITIES ACT PROGRAM The City of Mounds View participates in the Metropolitan Livable Communities Act Local Housing Incentives Account. To carry out the principles of this program,the City of Mounds View agrees to use the benchmark indicators for communities of similar location and stage of development as affordable and life-cycle housing goals for the period to 2010.The City will make its best efforts, given market conditions and resource availability,to maintain an index within benchmark ranges for affordability, life- cycle and density. Table_illustrates where Mounds View stands in relation to Metropolitan Council bechmarks. The City of Mounds View currently meets or exceeds all goals expected by the Metropolitan Council. • CITY INDEX BENCHMARK GOAL AFFORDABILITY Ownership 89% 69- 87% Rental 54 % 35 - 59% LIFE- CYCLE • Type(Non-single 43 % 33 - 35 family detached) Owner/Rental Mix 67/33 % 75 /25 % DENSITY Single-Family 2.3 /acre 1.9-2.3 /acre Detached Multifamily 12/acre 10- 13 /acre * Benchmarks met or exceeded It is a goal of Mounds View to continue to meet or exceed these benchmarks while attempting to improve the overall housing quality of the City. With an aging housing stock, lower valued homes, and lower income families the City will continue to have to address substandard housing. It is the goal of the City to address housing issues now before they become a bigger problem. 111 HOUSING PROGRAMS The followinghousingprograms have been, are being, or will be used to address housing P g g problems within the city. Housing Assistance The following programs are offered to Mounds View residents to provide renter assistance and below-market rate home mortgage. • Section 8 Vouchers: In 1998, 75 families receive Section 8 vouchers or certificates. ♦ Minnesota Cities Participation Program: The MHFA offers low-interest mortgage programs to assist low to moderate income families in securing a mortgage for their first home. The City of Mounds View participated in 1995-1997. Mounds View will be eligible to participate in the program again in the year 2000. Housing Developments Programs used in Mounds View which expand or preserve the community's stock of affordable housing through new construction or rehabilitation. • Holman Units/Low Income Housing Tax Credits: Silver Lake Commons, construction of 10 townhouse units and rehabilitation of 40 apartment units. There are also 10 Holman • units in the project. ♦ Low Income Housing Tax Credits: Silver Lake Pointe, an 83 unit senior housing complex. ♦ Section 202: Wildwood Manor, 40 unit senior housing complex. Housing Maintenance,Rehabilitation and Redevelopment This area is the one which Mounds View is promoting the most. The following programs are available to Mounds View. • Ramsey County Rental Rehabilitation Program: (CDBG) • Ramsey County Deferred Loan Program: (CDBG) ♦ Home Energy Loans: (Energy and Environmental Resource Center) • Tax Increment Financing(TIF): Housing Replacement Program _ ♦ Housing Maintenance Code/Licensing: City inspects 25% of rental units each year • ♦ Manufactured Housing: Three manufactured home parks with a total of 585 mobile homes. The manufactured home parks provide a substantial portion of the city's affordable housing. • Livable Communities Housing Initiatives Fund: Metropolitan Council • MHFA CommunityFix Up Fund: The Cityof Mounds View was approved ed to participate in the program in 1998. Program funds will be targeted to homeowners with homes built before 1965 Local Initiatives • Economic Development Authority(EDA): One of the objectives of the EDA is to provide housing opportunities for residents. . Goals and Policies The following will be the housing goals and policies for the City of Mounds View: Goal 1: Maintain a broad and full choice of housing opportunities. Policies: a. Provide sufficient housing and sufficient housing sizes, types and styles to meet the needs of all segments of the population, notably groups with specialized housing needs, such as low and moderate income and the elderly. b. The development and preservation of owner-occupied housing for low and moderate income households shall be encouraged. c. Housing for low and moderate income families and individuals should not be concentrated within a single project or area. d. When providing low and moderate income housing,priority should be given to Mounds • View residents to the extent possible. e. Consider the development of additional single family attached homes to supplement conventional single family detached homes,mobile homes,and apartments. f. Encourage"life cycle"housing to provide various housing options. g. Encourage the development of"move up"housing opportunities. h. Promotion of first-time home buyers and closing cost/down payment assistance programs. Goal 2: Maintain and upgrade the existing housing stock of the City. Policies: a. Promote rehabilitation and redevelopment of housing. b. Substandard housing shall be removed when it is judged to be not economically feasible to correct deficiencies. c. Uniformly enforce a Housing Code as a tool for maintenance of the city's housing stock. Schedule routine inspections of the city's housing to identify housing in need of rehabilitation. 110 d. Encourage and assist multi-family proert owners to apply for housing rehabilitation assistance. e. Continue to explore funding possibilities, both loan and grants,that the City could use for single-family or multi-family housing rehabilitation projects. f. Establish revolving loan fund for citizens of Mounds View to use for single- family housing rehabilitation. g. Sponsor remodeling fairs to encourage housing rehabilitation. h. Explore the benefits and drawbacks of a Point-of-Sale or Truth-in-Housing program. i. Participate in a Property Manager's Coalition. j. Consider ordinances which allow for easier expansion or upgrading of existing residences. Goal 3:,Administer housing programs in an efficient and cost effective manner. Policies: a.Utilize the City newsletter, local news media, and the city website to inform residents of housing program availability. 110 b.Minimize administrative costs of housing programs through utilization of non-City staff (i.e. state and regional agency staff,private institution staff, etc.)