11-26-2018 Council Work Session Packet

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Jeremy Barnhart. Orono November 13, 2018 Page 6 of 9 c To be complete. the narrative analysis of existing housing needs in Housing Needs Identification on page 11 (Part 3C) must connect these identified needs to the data presented in the previous section of the Housing Plan, like the number of housing cost - burdened households with income at or below 30% AMI (148) or the lack of any subsidized affordable housing to the tools available to address them Council staff recommends including these in Table 36-4 along with the changes listed below. Tools to Address Housing Need • The City's share of projected need for additional affordable housing in the 2021-2030 decade is inaccurately described. To be complete. the Plan will need to acknowledge the City's share of projected housing needs in the region. which is 154 units. With regard to adopting affordable housing goals for eligibility in Livable Communities Act programs. 2021-2030 affordable housing goals will be negotiated in the next few years. Language on page 3C. page 12 confuses the two measures and Council staff recommend editing it for clarity. o As noted in the Land Use section above. changes are need in Table 3113-4 to provide additional clarity for land use and housing purposes c The 4(d) tax program description on is inaccurate To be complete the Plan must state that the 4(d) program provides a 40% tax break to property owners of affordable housing that is available when the local government provides some financial assistance to the project. Complete plans will link too3s to stated housing needs and describe the circumstances in which they would be considered. o Some widely used tools to address affordab:e housing needs are not included in the Plan. To be complete. the Plan needs to state if. and if so when and why. it would consider using each tool to address housing needs. The tools that require more context including the use of an Housing and Redevelopment Authority, housing bonds. tax abatement. tax increment financing. and community land trusts. Resources for these opportunities include c, Housing and Redevelopment Authority: (https llmetrocoerr7Cil.org/Har7dbook/Files/ResourceslFact-S)7eetJHOUSINGICittr- Developmer7t-Powers-to-Create-Legal-Er7tities. aspx) o Housing Bonds: 17tf,os.-Ilmetrocouncil orqlHar7dbooklFiles/Resource_sl_Facf- Sheet/HOUSINGf_Mi7r7ici,oal-Bot?d-Isst7ance. asp? Community Land Trusts are described in the Plan. and it is stated that Orono may evaluate joining the West Hennepin Affordable Housing Land Trust. To be consistent. the Plan must identify how a ;and trust could be used to meet needs. and Council staff recommend that the City commit to evaluating participation in or creation of a community land trust. • A full list of housing tools and resources can be found in the Local Planning Handbook ( https./Imetrocouncil.org Handbook/FileslResourceslFact- S17eeVH0USING/Recogr7ized-Tools-arid-Resources. aspx) Advisory Comments c Table 3C-7 Housing Cost Burden Households has numbers that are inconsistent with Table 5 Housing Cost-Burndened Households in 2016 from the Existing Housing Assessment in the Local Planning Handbook.