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Housing and Economic Development <br />Metro Cities supports continued city representation and participation in further <br />developments or updates to the housing policy plan. <br />3-E Allocation of Affordable Housing Need <br />The allocation of need for affordable housing methodology determines how many <br />affordable housing units are needed in the region, and distributes the need by assigning <br />each city its fair share, with an affordable housing need number. State law requires cities <br />to guide sufficient land to accommodate local shares of the region's affordable housing <br />need. <br />Metro Cities supports the creation of a variety of housing opportunities. However, <br />the provision of affordable and lifecycle housing is a shared responsibility between the <br />private sector and government at all levels, including the federal government, state <br />government and Metropolitan Council. Land economics, construction costs and <br />infrastructure needs create barriers to the creation of affordable housing that cities cannot <br />overcome without assistance. <br />Therefore, Metro Cities supports a Metropolitan Council affordable housing policy <br />and allocation of need methodology that recognizes the following tenets: <br />The Council's housing policies characterize individual city and sub -regional <br />housing numbers as a range of needs in the community; <br />Cities need significant financial assistance from the federal and state <br />government, as well as the Metropolitan Council, in order to make progress <br />toward creating additional affordable housing and preserving existing <br />affordable housing; <br />• Metropolitan Council planning and policies must be more closely aligned to help <br />ensure that resources for transportation and transit are available to assist <br />communities in addressing their local share of the regional affordable housing <br />need and to ensure that all populations have adequate mobility to reach jobs, <br />education and other destinations regardless of where they live; <br />Absent significant resources to assist cities, the Met Council will not hold cities <br />responsible if a city cannot meet its affordable housing need number and the <br />Met Council will reassess biennially the range of needs to recognize the <br />deficiency; <br />The Metropolitan Council, with input by local government representatives, <br />should examine the allocation of need methodology with respect to the <br />relationship between the regional allocation and the local share of the need. The <br />formula should also be routinely evaluated to determine if market conditions <br />have changed or if underlying conditions should prompt readjustment of the <br />formula; <br />22 2016 Legislative Policies <br />