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09-11-1995 Council Packet
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09-11-1995 Council Packet
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« • <br />DR.\FT <br />HOUSING GOALS AGREEMENT <br />metropolitan Ln able communities act <br />PRINCIPLES <br />The cit\' of Orono supports: <br />1. A balanced housing supply, with housing available for people at all income levels. <br />The accommodation of all racial and ethnic groups in the purchase, sale, rental and <br />location of housing within the community. <br />3. <br />4. <br />A variety of housing tj^pes for people in ail stages of the life-cycle. <br />A community of well-maintained housing and neighborhoods, including ownership <br />and rental housing. <br />5.Housing development that respects the natural environment of the community while <br />striving to accommodate the need for a varictA’ of housing t>'pes and costs. <br />6.The availability of a full range of serv ices and facilities for its residents, and the <br />improvement of access to and linkage between housing and employment. <br />GOALS <br />To carry out the above housing principles, the City of Orono agrees to use benchmark <br />indicators for communities of similar location and stage of development as affordable and <br />life-cycle housing goals for the period 1996 to 2010, and to make its best efforts, given <br />market conditions and resource availability, to remain w ithin or make progress toward <br />these benchmarks. <br />CITY CSDE.X 1 BENCHMARK GOAL 1 <br />AfTordability <br />Qivnenhip 30%60-69% <br />Rental 18%35-37!'. <br />Ure-Cycie <br />ftnily 2% <br />• <br />3W7% <br />XJf <br />OwB«r/rcfltcr Mix >1/9%(C7.7S) / <br />(2«3)% <br />• . <br />Density <br />Sincic-FamiU Dctjchcii 0.9/acrc l.8-1.9/acrc <br />.Mullifamilv 6/acrc lO-N/acre <br />... <br />To achieve the above goals, the City of Orono elects to participate in the .Metropolitan <br />Livable Communities .^ct Local Housing Incentives Program, and will prepare and submit <br />a plan to the .Metropolitan Council by June 30, 1996, indicating the actions it will take to <br />'carrv out the above goals. <br />CERTIFICATION <br />vT^%*n r a
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