2012.02.08 Parks Packet - Laserfiche WebLink

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• Create and maintain a level of affordability options through the community's housing stock. 7. Implement policies that will allow the opportunity for the development of 877 new affordable housing units between 2011 and 2020. An affordable housing unit is a unit priced at or below 30% of the gross income of a household earning 60% of the Twin Cities median family income (or $46,200 in 2005). B. Promote the development and preservation of a supply of quality housing that is affordable at all income levels and at all stages of the life cycle. Strategies: • Provide opportunities for the development of high quality housing that is diverse in terms of ownership, price, type, and style. This diversity shall include large lot residential parcels, as well as life cycle and affordable housing. • Encourage residential developers to include housing affordable to low- and moderate -income residents and local employees as part of their developments in order to provide a range of mixed -income housing throughout the community. Subsidized housing shall not be concentrated in any one neighborhood. • Provide financial or technical assistance, as may be appropriate, to developers of affordable housing for low- and moderate -income residents. • Encourage the development of housing for residents with special needs, including accessible housing for persons with disabilities. • Support efforts to assure equal access to housing opportunities within the City. • Support projects and programs that meet Hugo's needs for low- and moderate -income life cycle housing opportunities. • Provide an adequate supply of land guided for Medium Density Residential, High Density Residential, and Mixed Use. • Allow higher density elderly housing in areas guided for lower density residential land uses. 9. Promote development patterns and densities that link housing with services and facilities, employment areas and all forms of transportation, particularly future public transit and non -motorized forms of transportation. Strategies: • Support residential development that makes efficient use of available land with adequate public infrastructure. • Provide opportunities for housing affordable to low- and moderate -income residents in areas that are conveniently located and accessible to places of employment, commercial areas, public uses, and future transportation facilities. • Locate higher density residential uses near the Highway 61 corridor where future mass transit is possible. Chapter 3 3-4 Policy Plan taio'