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2016-2020 Housing Framework

Beam Project Type: Planning     Project in Available Phase

Published in February 2014, the Maxfield study found that the vacancy rate for affordable senior rentals was 0.8 percent in December, compared to a 4.6 percent vacancy in senior market rate housing. To meet the anticipated demand, the report suggests that an average of 126 affordable senior housing units need to be built annually through 2020, compared to the average of 8 units a year that were added from 2006 to 2012. The demand for market rate senior housing is expected to go from adding 16 units a year to an average of 251 a year. Many such projects are already under construction or in the pipeline for coming years.

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Detailed Description

Olmsted County Market Area

2016-2020 Housing Framework


 

Maxwell Study

2/7/2014


Strategy

Strategies:

Greater Minnesota Housing Funds (GMHF) Facilitating "Housing Action Plan"

Coordinated with all local planning efforts

Establish housing production goals

Identify financing tools, policy tools, best practices

Consult with State, Federal & Local Government & Foundations

Plan for increased local development capacity

Innovative policies, strategies & Public/Private Partnerships

Impacts

PlanScape

Level 1: Aging ; Housing

Level 2: Heritage Preservation ; Civic Engagement ; Diversity and Inclusion ; Financial Stress/Homelessness ; Housing: Affordable Rate ; Housing: Market Rate ; Governance/Public Policy ; Health & Wellness

DMC: Livable City

Community Health: Financial Stress/Homelessness

Results

Results:

Affordable housing for all income levels:

 

 

Indicators (What are some of the signs that progress is being made?)

Indicators:

Homeless rates reduction and demographics profile improvement

Reduced area Annual Rental Production Trend (2006-2012) and Annual Needs Projections (2014 - 2020) Gaps

Market Rate Rental

Affordable Workforce Rental

(General)

Market Rate SeniorAffordable Senior
Production Demand Production Demand Production Demand Production Demand
117 167 20 246 16 251 8 126

 

1. Rental affordability improvements from current statistics of 58.2% of area renters cannot

afford the average market rent of $957 / Month. Majority of renters are rent burdened.

2. Improved affordable workforce rental general occupancy from 1.2% to xx% and affordable

senior rental housing from 0.8% to yy%.

 

Status Reports Related PlanScape Status on: Aging, Housing

August 21, 2018: 2016-2020 Housing Framework

Notes and presentation from  the July Housing Conversation hosted by Kim Norton.

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January 31, 2018: Olmsted County Housing Environmental Scan Phase I Reports

Olmsted County Housing Environmental Scan Phase I Reports

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December 24, 2017: Coalition to advance housing framework

Rochester Area Foundation announced the creation of the Coalition
for Rochester Area Housing, a group of public and private sector organizations dedicated to affordable housing in the Rochester area.

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September 21, 2017: City Council Discussing Affordable Housing

City Council's Committee at Large discussed Affordable Housing andCouncilman Michael Wojcik's counter proposal. 

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July 31, 2017: CNG housing message reframing workgroup

Per the June 22, 2017 CNG meeting, Dee Sabol and Sheila Kiscadan will be leading a workgroup to develop a housing advocay message in a format that follows The FrameWorks Institute guidance. Please contact them if you wish to participate in the workgroup.

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March 30, 2017: 2016-2020 Housing Framework

"The 2016-2020 Housing Framework presents the tools and information needed so that community leaders and stakeholders throughout Olmsted County can make informed choices about how to meet the housing needs of Olmsted County’s residents."

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June 23, 2016: June 2016 CNG Meeting Presentation by Steve Borchardt

RAF's Steve Borchart presented this to CNG in June, 2016

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March 23, 2016: City shells out $1.5M for affordable housing

The city of Rochester on Monday backed two affordable housing projects — more than 200 total units — by providing $1.5 million in tax increment financing assistance to the developer.

 

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December 11, 2015: Major housing project coming?

Javon Bea's Oronoco Investments LLC has proposed a mixed-use development called Hunter Valley Estates at 55th Street and 18th Avenue Northwest. The project was discussed Wednesday at the city's Planning and Zoning Commission meeting.

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August 08, 2018: Riverfront project gets first nod per Post Bulletin Report

"Early plans for a $180 million construction project along the Zumbro River received some enthusiastic support from Rochester's Planning and Zoning Commission Wednesday night." 

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June 01, 2018: Rochester Area Family Y 2018 Summer Program

The YMCA has 250 free summer memberships to give to teens in need this year. 

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May 08, 2018: CNG Steering Committee working on 2018 Compass Points

 CNG Steering Committee is working on the next version of Rochester/Olmsted County Compass report.

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April 01, 2018: CNG Steering Committee Members Letter to Rochester City Council and Mayor

CNG Steering Committee members have sent to each member of the council, the mayor, and the city administrator the following letter that supports the inclusion of the core principles of health and wellness, as well as social equity and environmental justice. 

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January 30, 2018: 2018 County Board Goals

At the Jan. CNG Meeting, Heidi Welsh presented the following 2018 Goals

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Last modified by support on 2018/08/02
Created by on 2014/07/23

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Definitions
The following defines the various project phases:
  1. Available - a product, program or service is in production
  2. Develop - program or application is being developed
  3. Plan - idea is solid, stakeholders are identified, and there is strong commitment to go forward from all parties.
  4. Concept Phase - idea scoped out with enough details to give an early sizing and/or to build a proof of concept
    demonstration
  5. Pre-concept Phase - an early idea or a requirement.
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