You are here: Home / Groups / Affordable Housing / Key Metrics and Related Projects

Key Metrics and Related Projects

Affordable Housing Metrics

Data and Graphics from Minnesota Compass  

Cost Burden Profile

Cost Burden Profile

Renter

Renter

Owner

Owner
       

Affordable Housing Framework 2016 - 2020

2016-2020 Housing Framework

Available Description

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.

Strategies (How)

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

Results (Work Products)

Results:

Affordable housing for all income levels:

 

 

Indicators (How do we know we are achieving the results?)

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/News

December 09, 2018 openBeam.net: Collective Impact Model to enable Housing Coalition

11/13/2018 Housing Coalition meeting starting a series of conversations regarding the future and role of the housing alliance in our community.  To start these conversations, Elaine Case will be presenting on the Community Impact model.

Read more
August 21, 2018 openBeam.net: 2016-2020 Housing Framework

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

Read more
December 24, 2017 PB: 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.

Read more
September 21, 2017 openBEAM.net: City Council Discussing Affordable Housing

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

Read more
July 31, 2017 CNG: 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.

Read more
March 30, 2017 openBEAM.net: 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."

Read more
March 23, 2016 TBD: 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.

 

Read more

Help
Purpose of the site
A sub-site of Community Beam, the City4Good website is being prototyped by openBEAM.net  to help the "In the City For Good initiative" to better collaborate.
Community Status/News

History Center to present Traveling While Black (December 12, 2018)

The “Traveling While Black” exhibit being developed by the History Center of Olmsted County will chronicle the challenges faced by black motorists prior to the passage of the Civil Rights Act in 1964.

Read more ...

Community for Health Workgroup Log (December 11, 2018)

DMC EDA initiated Community For Health group effort notes.

Read more ...

Collective Impact Model to enable Housing Coalition (December 09, 2018)

11/13/2018 Housing Coalition meeting starting a series of conversations regarding the future and role of the housing alliance in our community.  To start these conversations, Elaine Case will be presenting on the Community Impact model.

Read more ...

County prepares pitch for crisis center (November 22, 2018)

"The answer for Lawson, Clements and variety of other collaborators is the proposed crisis center, which would tap into a portion of the $28.1 million state lawmakers earmarked for creating such facilities."

Read more ...

Olmsted County Complete Count 2020 Planning Kickoff (November 21, 2018)

Invitation from Sheila Kiscaden, Olmsted County Commissioner & Chair of Olmsted County Complete Count Committee

Read more ...

Action Groups being formed (November 20, 2018)

Action Groups being formed to make progress on: Health Insurance; IT: Tech Support; Joint Purchasing of Goods and Services

Read more ...

Age Friendly Community Survey (November 18, 2018)

How well is Rochester meeting your needs as you age? A survey.

Read more ...

Race Exhibit 2018 (November 17, 2018)

Reviving 2009 Race Exhibit in a condensed version.

Read more ...

Kiwanis Club of Rochester 4Q 2018 Community Services (November 17, 2018)

These are some of the volunteering activities that we participated in.

Read more ...

Diversity Council newsmaker (November 12, 2018)

A sample of Diversity Council community engagement activities.

Read more ...

Search more Beam status ...