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N O R T H W E S T A S S O C I A T E D C O N S U L T A N T S , I N C . __________________________________________________________________ 4 1 5 0 O l s o n M e m o r i a l H i g h w a y , S t e . 3 2 0 , G o l d e n V a l l e y , M N 5 5 4 2 2 T e l e p h o n e : 7 6 3 . 9 5 7 . 1 1 0 0 W e b s i t e : w w w . n a c p l a n n i n g . c o m MEMORANDUM TO:Mayor Stille and St. Anthony City Council Charlie Yunker, City Manager FROM:Stephen Grittman DATE:October 5, 2022 MEETING DATE:October 11, 2022 RE:St. Anthony Village – Single Family Rental FILE NO:323.02 Study Purpose. This memorandum is intended to provide background and a framework for discussion of rental housing – particularly single family rental – at the upcoming October 11th work session. The purpose of the work session is to discuss aspects of single family rental housing, the types of market for this housing, and whether the Council has any interest in considering additional regulation. Interest in this topic arose from the City’s Goal-setting sessions held earlier in 2022. The issue was incorporated as an Action Step under the category of “Thriving Neighborhoods” for additional study and direction. Existing Rental Housing. Currently, rental housing in St. Anthony is licensed. The purpose of the current licensing program is to ensure that residences held out for rent meet standard life-safety requirements. Licenses are required for any rental property, and include an annual inspection. The license fee is $150 for single family properties. For the present year, just over 90 owners hold licenses to 113 individual units (not including multi-family buildings of 4 or more units, or mobile home rentals. More than 60 of those own and rent just one unit in the City. Only a couple dozen individuals/entities own more than one unit, most of which own two, with the largest rental land holder currently renting 4 individual