1j. Approval of Affordable Housing Goals Agreement1
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CITY OF
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CHANHASSEN
690 COULTER DRIVE • P.O. BOX 147 • CHANHASSEN, MINNESOTA 55317
(612) 937 -1900 • FAX (612) 937 -5739
MEMORANDUM
TO: Don Ashworth, City Manager
FROM: Kate Aanenson, Planning Director
DATE: December 6, 1995
SUBJ: Housing Goals Agreement,
Attached is the Housing Goals Agreement that
20, 1995, as part of the Metropolitan Livable C
submitted to the Metropolitan Council by Dec(
recommended.
Action by City Administrator
Endorsed.
M or i'
Date Submitted to C(m nission
Date SW.' :1.�d :e Council
Livable Communities Act
cussed at the work session on November
ities Act. This agrement must be
, 1995. Approval of the agreement is
HOUSING GOALS AGREEMENT
METROPOLITAN LIVABLE COMMUNITIES ACT
PRINCIPLES
The City of Chanhassen supports:
A balanced housing supply, with housing available for people of all income levels.
2. The accommodation of all racial and ethnic groups in the purchase, sale, rental and
location of housing within the community.
3. A variety of housing types for people in all stages of the life - cycle.
4. A community of well maintained housing and neighborhoods, including ownership and
rental housing.
5. Housing development that respects the natural environment of the community while
striving to accommodate the need for a variety of housing types and costs.
6. The availability of a full range of services and facilities for its residents, and the
improvement of access to an linkage between housing and employment.
To carry out the above housing principles, the City of Chanhassen agrees to use the benchmark
indicators for communities of similar location and stage of development as affordable and life -
cycle housing goals for the period of 1996 to 2010, and to make its best efforts, given market
conditions and source availability, to remain within or make progress toward these benchmarks.
* The City of Chanhassen reserves the right to renegotiate the goals after 2 years.
** Chanhassen agrees that the Metropolitan Council will use other market indicators in
evaluating goals. These indicators may include land prices, interest rates, cost of
construction, and environmental factors including trees and wetlands.
City Index
Benchmark
Goal
Affordabili
Ownership
37%
60 -69%
50%
Rental
44%
35 -37%
35%
Life-Cycle
Type (Non - single family detached)
19%
35 -37%
34%
1991 Comp Plan
Owner/Renter Mix
85/15%
67- 75/25 -33%
80/20
Densi
Single-Family Detached
1.5 /acre
1.8 -1.9 /acre
1.8
Multifamily
11 /acre
10 -14 /acre _d
9 -10
To achieve the above goals, the City of Chanhassen elects to participate in the Metropolitan
Livable Communities Act Local Housing Incentives Program, and will prepare and submit a plan
to the Metropolitan Council by June 30, 1996, indicating the actions it will take to carry out the
above goals.
CERTIFICATION
I Donald J. Chmiel, Mayor Date
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