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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

Available Description

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 fincancing tools, policy tools, best practices

Consult with State, Federal & Local Government & Foundations

Plan for increased local development capacity

Innovative policies, strategies & Public/Private Partnershiops

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/NewsRelated Status
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.

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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. 

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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."

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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.

 

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December 11, 2015 TBD: 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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June 25, 2015 PB: 2016-2020 Housing Framework (HRA Reorg)

Olmsted County entered a new era Tuesday in its efforts to curb an affordable housing crisis in the community.

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September 10, 2017: Rochester-Southeast Minnesota Campus for Single Mothers and their Children

Remick Family donates land for future Jeremiah Program campus in Rochester

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September 10, 2017: Planning 2 Succeed: Rochester 2040 Comprehensive Plan

P2S updates to be presented to CNG in September CNG meeting. 

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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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July 24, 2017: Wilder Research

In collaboration with the Southern Minnesota Initiative Foundation, Minnesota Compass invites you to participate in a listening session in the southern region.

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April 28, 2017: Diversity Council extending Compass Points Data to direct Rapid Concensus conversations

On April 26, 2017 Diversity Council utilizing data from Rochester/Olmsted County Compass Points data combining with other community data analyses successfully developed and convened a Rapid Consensus conversation program as part of the 2017 Mayo Community Luncheon celebrating and inspiring an inclusive community. 

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January 28, 2017: Community Networking Group (CNG) January 24, 2017 Meeting - Compass Points Deeper Dive

Diversity Council Dee Sabol used the following to trigger conversations on "what does Compass Points" point to next.

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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

Cradle to Career 2018 Launch Feb 22, 2018 Meeting (January 17, 2018)

Cradle to Career Planning Team looks forward to sharing this work with you on February 22. They invite you to join us to see the research and recommendations that have been developed during 2017. Coffee will be served.

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Winona State Rochester: Business, Leadership, and Education (January 12, 2018)

Winona State University – Rochester (WSU-R) and the Rochester Area Chamber of Commerce is hosting a Business, Leadership, and Education Open House Jan. 18, 2018

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Greater Rochester Non-Profit Partners (GRNPP) Formal Alliance Proposal (January 10, 2018)

A number of members of the Greater Rochester Non-Profit Partners (GRNPP) are proposing a formal alliance framework.

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Rochester A City of Compassion Steering Committee 2017 Status Report (December 24, 2017)

Year end report on status and what to look forward to ...  "as Mary Alessio of the Locks of Compassion Project declares “Compassion is rippling throughout our community”

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Coalition to advance housing framework (December 24, 2017)

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 ...

November 2017 DMC Dashboard (December 12, 2017)

YE 2017 DMC Metrics per Nov. 2, 2017 DMCC Board Meeting.

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World's Best Workforce Plan goals not met (November 27, 2017)

Slow progress. 5 Goals not met:  All children are ready for kindergarten, Third-grade literacy, Close all academic achievement gaps, Have all high school graduates career and college ready, Graduate all students from HS

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Groundbreaking Building 1 Discovery Square (November 06, 2017)

The building will be the first of several science and research complexes that could total up to 2 million square feet in the 16-block Discovery Square area.

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DMCC approves $22M in capitral improvement projects for 2018 (November 04, 2017)

While the DMC EDA budget will rise from $3.5 million this year to more than $3.7 million next year, the city will contribute $122,000 less and Mayo Clinic's contribution will increase by $337,000.

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