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11-14-1995 Council Packet Special Meeting
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11-14-1995 Council Packet Special Meeting
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4. Proposed redevelopment of the iincrscction of County Road 6 and U.S. <br />12, to include grade separation and elimination of the current semaphore <br />by creating merge lanes. <br />5. Reconstruction of all or segments of a number of City roads completed! <br />recently and planned for future. <br />(ADDITIONAL DISCUSSION IS NEEDED HERE RE: TRANSPORTATION) <br />D. Housing <br />Metropolitan Council's September 1991 Regional Blueprint states that the MC "will <br />work with local communities in a partnership to meet the range of life-cycle housing <br />needs of people and broaden locational choice and access for people of all income <br />levels." Affordable housing is defmed as: <br />- 'owned' housing affordable to a family with income of 80% of the Metro area <br />median, i.e. a valuation of $115,000 or less. <br />- 'rental' housing affordable to a family with income of 50% of the Metro area <br />median, i.e. a monthly rent of $500 or less <br />A review of statistical data provided by Met Council sheds light on Orono's current <br />situation : <br />Number of Owner-Occupied Housing Units (1990 Census): 2.372 <br />Number of Occupied Rental Housing Units (1990 Census): 241 <br />Affordability Options <br />% of Owner-Occupied Units that are Affordable: <br />% of Rental Units that are Affordable: <br />T ife-cvcle Options <br />7c of all Housing that is not Single Family Detached <br />% of all Housing that is owner-occupied <br />7c of all Housing that is renter-occupied <br />Orono <br />Benchmark for <br />Similar Suburbs <br />in Metto .Area <br />30%60-69% <br />18%35-37% <br />2%35-37% <br />91%67-*75% <br />9%25-33%
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