Housing Policy & Development Committee Comprehensive ve - - PowerPoint PPT Presentation

Housing Policy & Development Committee

In 2040, all Minneapolis residents will be able to afford and access quality housing throughout the city.

Affordable and accessible housing Reduced Disparities

In 2040, Minneapolis will have significantly reduced economic, housing, safety, and health disparities among people of color and indigenous peoples compared with white people.

Comprehensive ve Pl Plan Goals

Minnea eapolis Ho Househ ehol

• ld Incom
• mes

es

In 2018, HH make $94,300

• r more for

family of four In 2018, HHmake $28,300 or more for family

• f four

$28,300 /year for a family of 4 $94,300 /year for a family of 4

• Action Step E “Expand tools and

resources to produce new housing affordable to those at or below 30, 50 and 80 percent of area median income.”

• Action Step F “Prioritize the

needs of those who have the greatest need for housing stability – households with incomes at or below 30 percent

• f area median income.”

Afforda dabl ble Hous using ng Production & Preservation

• Action Step A “Create and

strengthen strategies to retain naturally occurring affordable housing.”

• Action Step A “Ensure an equitable focus of City policy and resources
• n promoting the ability of tenants to secure and maintain stable

housing.”

Hous using Stability

• Action Step D “Expand programs that support existing homeowners

in affording and maintaining their home, with a focus on people of color, indigenous people and vulnerable populations, such as low- income households, the elderly and people with disabilities.”

• Action Step A “Prioritize programs to support long-term housing

stability, including but not limited to wealth-building housing models and the elimination of criminal and credit report barriers, with a particular focus on communities of color, indigenous communities, and low-income renters.”

• Action Step E “Ensure that housing investments in areas with

concentrated poverty are part of a comprehensive community investment strategy to benefit existing residents and improve

• pportunity.”

Compreh ehen ensive I e Inves estmen ents

Pilot Program Steps

Innovati tive Housing Str trategies

1 2 3 5

4

• 1. Issue and

Opportunity Identification

• 2. Research

and Concept Development

• 3. Release

Pilot Program

• 5. Scale Up to

Full Program

• 4. Evaluate

and Revise Pilot Program

Hu Human Develop

• pmen

ent

Land Use

• Allow multifamily housing on public transit routes, with

higher densities along high-frequency routes and near METRO stations.

• In neighborhood interiors that contain a mix of housing

types from single family homes to apartments, allow new housing within that existing range.

• In neighborhood interiors farthest from downtown that

today contain primarily single-family homes, achieve greater housing supply and diversity by allowing small- scale residential structures on traditional size city lots with up to four dwelling units, including single family, duplex, 3-unit, 4-unit, and accessory dwelling unit building types.

• July 22nd – End of comment period
• Late September – Updated draft released
• Late October – Public hearing at City Planning Commission
• December: City Council Adoption

Next S Steps