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5.0. HRSR 10-27-2003 ITEM # 5. • � City of Elk -�-� River MEMORANDUM TO: Housing & Redevelopment Authority FROM: Heidi Steinmetz, Assistant Director of Economic Development DATE: October 27, 2003 SUBJECT: Housing Work Plan: Follow Up to Housing Stock Inventory/Analysis Attachment • Housing availability and affordability survey Background At its March 2003 meeting, the HRA accepted a Housing Work Plan,which included presentations each month from the following cities/organizations in order to gather information and examples of housing programs and partnership possibilities: • MN Housing Finance Agency • City of Fridley • St. Cloud HRA • Central MN Housing Partnership • Tri-CAP • Habitat for Humanity In September, a housing stock inventory/analysis of Elk River was presented by the Planning Department as the final Housing Work Plan session. The analysis corresponds with the completion of the Comprehensive Plan. Both documents should be used by the HRA to determine if the current housing balance in Elk River is satisfactory. Follow Up Following the presentation and discussion, the HRA directed staff to survey Elk River manufacturers regarding housing availability and affordability issues. The results of the attached survey will be presented at the November HRA meeting. • In addition, staff is researching the following items for response to the HRA's request for a regional housing analysis: • • Amount of vacant land available for multi-family housing • Vacancy rates in the communities with apartments • Identify possible rezoning sites for R4 housing • Density bonus information • Market rate analysis with median value III • ilk River 13065 Orono Parkway Elk River,MN 55330 At its September 22, 2003 meeting, the Elk River Housing&Redevelopment Authority (HRA) asked city staff to contact Elk River manufacturing employers,regarding Elk River's housing availability and affordability. 1. What percentage of your employees live outside of Elk River? 0-25% ❑ 25-50% ❑ 50-75%0 75-100% ❑ 2. Other than Elk River,in which communities do your employees live? ❑ Elsewhere in Sherburne County • Minneapolis/St. Paul Metro area& Its Suburbs El Other 3. Is Elk River meeting the housing needs of your employees? Yes ❑ No ❑ If not,which items do you believe are the reasons? Check all that apply. ❑ Availability of rental housing ❑ Availability of single-family non-rental housing ❑ Availability of affordable housing (rent/house payment should be 30% of gross income) ❑ Condition of multi-family housing ❑ Condition of single-family housing Please fax your completed survey by November 7, 2003 to Heidi Steinmetz at (763) 635-1090. and/or contact Heidi at (763) 635-1042 with any questions. Thank you for taking the time to complete this survey! Phone:763.635.1000 Fax:763.635.1090 www.ci.elk-river.mn.us