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<br />2019 Annual Report • Administration • St. Anthony Village, Minnesota <br /> <br /> <br /> <br />47 <br /> <br />HOUSING <br />St. Anthony has a strong housing stock, with 4,096 households, based on 2018 Met Council <br />estimates. Although it is aging, it is comparatively younger than the housing stock of other first <br />ring suburbs and is overall well maintained. The housing stock is stable, although with <br />increasing land values as a percentage of total value increasing, St. Anthony has expressed an <br />interest in accommodating major renovations or re-build on existing single-family property. <br />Slightly more than one half of all housing units are attached/multifamily in St. Anthony, which <br />is unique among surrounding communities. While multifamily housing takes up comparatively <br />little land, single-family housing occupies nearly half the total land area of the community. The <br />2040 Comprehensive Plan incorporates housing goals that encourage land use policies reflective <br />of the needs of the market, including single family, mid-density (such as townhouses), and <br />multi-family of various types, including market-rate, affordable, and senior focused projects. <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />In this chart from the 2040 Comprehensive Plan, housing affordability is measured as to the <br />numbers of units available to residents by income level. In the supplemental Housing Study, <br />the City found that St. Anthony’s affordable housing supply was greater than the metro area as <br />a whole, and similar or greater than other suburban communities in the area. That being said, <br />the City remains committed to affordability as an ongoing objective, and considers affordability <br />factors in new housing development on a case-by-case basis.