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St. Anthony 2040 Comprehensive Plan Chapter 5: Housing 48 HOUSING: WHAT DID WE HEAR FROM THE COMMUNITY? During the public engagement phase of comprehensive plan development, the following housing themes emerged from public comment: • Overwhelming positivity for the “small town feel” of St. Anthony. • Balance the need for housing redevelopment and property improvements with the need to maintain an affordable housing stock. • There is an interest in increasing housing density in strategic locations (along transit routes or in underutilized areas). • Being inviting to new residents will keep the community vibrant. • The City has housing for all types of families, households and residents at all stages of their lives. • Prioritize mixed uses and allowing housing to co-occur within proximity to services, businesses, and critical infrastructure. EXISTING HOUSING AFFORDABILITY IN ST. ANTHONY The regional planning authority looks at housing affordability through lens of area median income, or AMI. For a family of four, regional AMI in the Twin Cities is $85,800. Households that have an income at or below 80% of the regional AMI are the targeted population for affordable housing. Median household income in St. Anthony is $54,943. According to the Metropolitan Council’s 2016 housing assessment, of the 4,325 total housing units in St. Anthony, around 65 percent are affordable to low or moderate-income households that are at or below 80% of AMI. As shown in FIGURE 5-1, most of St. Anthony’s affordable housing is affordable to households in the highest AMI band, or those making incomes of $43,758 to $65,700 annually.