CC RES 95-062 RESOLUTION APPROVING THE HOUSING GOALS AGREEMENT OF THE METROPOLITAN LIVABLE COMMUNITIES ACT

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f � HOUSING GOALS AGREEMENT METROPOLITAN LIVABLE CONDI NITIES ACT PRIIiCIPLES The city of St. Anthony supports: 1. A balanced housing supply, with housing available for people at all income levels. 2. The accommodation of all racial and ethnic groups in the purchase, sale, rental and location of housing within the community. 3. A variety of housing types for people in all stages of the life-cycle. 4. A community of well-maintained housing and neighborhoods, including ownership and rental housing. S. Housing development that respects the natural environment of the community while striving to accommodate the need for a variety of housing types and costs. 6. The availability of a full range of services and facilities for its residents, and the improvement of access to and linkage between housing and employment. GOALS To carry out the above housing principles, theCity of St. Anthony agrees to use benchmark indicators for communities of similar location and stage of development as affordable and life-cycle housing goals for the period 1996 to 2010, and to make its best efforts, given market conditions and resource availability, to maintain an index within the benchmark ranges for affordability, life-cycle and density. CM INTDEX BENCHMARK GOAL Atl'oMability Ownership 77% 77-87% 77-87% Rental 45°X, 45-50% 45-50% Life-Cycle'_ Type(Non-single family 49% 3341% 33-41% detached) Owner/renter Mix 61/39% (64-75) / 64-75/ (25-36)% 25-36% Density Single-Family Detached 3.2/acre 2.3-2.9/acre 2.3-3.2/acre Multifamily 16/acre 13-15/acre 13-16/acre To achieve the above goals, the City of St. Anthony elects to participate in the Metropolitan Livable Communities Act Local Housing Incentives Program, and will prepare and submit a plan to the Metropolitan Council by June 30, 1996, indicating the actions it will take to carry out the above goals. CERTIFICATIOI, !/. z7- f T Hato