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02-27-2003 Housing Workshop
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02-27-2003 Housing Workshop
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AI'fordahlc I lousing Workshop I'opics <br />I'hc lolIt)vving is a preliminary listing of topics to be covered, and questions to be <br />answered, at the affordable housing workshop. <br />-Definitions <br />-alTordable housing <br />-life-cycle housing <br />-workforce housing <br />Who would be served by the provision of affordable housing units in Orono? <br />-Owner occupied units meeting the Met Council's affordability guidelines <br />-Rental units affordable ti> households at .*'0% to 80% of median inct^me <br />Is it feasible for alTordable housing to be developed in Orono. given the high cost of <br />land? <br />What are the various rc.sources available to make an alTordable housing project feasible <br />i.e. technical assistance, funding sources, program administration assistance, etc. <br />W'hat role can I lennepin C’ounty play in the development of affordable housing, and what <br />re.sources are available through I lennepin County? <br />C'an an alTordable httusing program specifically target alTordable units and alTordability <br />assistance tt> Ort>no residents and those who work in Orono? <br />What types i>f programs can be set up to prevent the first owner of an affordable unit <br />from receiving a windfall at the time of sale, and to en.sure the units remain at an <br />affordable cost level over the long term? <br />I'Aplanation of a land trust as a tcH>l to enable altordabic housing —how dws it work, <br />what are its benefits, what are its weaknes.ses. lutw is land placed into a land trust. <br />Is it pt»ssible to develop alTordable housing in Orono as part of a development with an <br />twerall density of .'^-4 units per acre? If so. what »ire the elements Uiat would need to Ik* <br />brought ti*gethcr to make this succeed? <br />Ron Clark provide the develo|vcr’s ivrspcctiv e on the deveK>pmcnt of affordable i>wner- <br />»>ecupieil units. What tv pe. si/e. and quality of units could the City expect to be <br />developed as alTordable owner-occupied unit.s? <br />Joe lirrigo prov ide the developer's perspective on the development ol affordable lenlal <br />units. What iy|V. si/e. densilv and quality of units ct>uld the City expect to be developed <br />as alTordable rental units? <br />i
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