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IAA Metropolitan Council <br />AA <br />Regional Benchmarks <br />Measuring Our Progress <br />2011 Update <br />townhouse and attached housing growth remains at 59 percent of overall housing growth since <br />2001, it was only 44 percent in 2010, indicating a continued reversal of this decade's trend of <br />significant attached housing construction. <br />Source: Metropolitan Council Research, <br />• Affordable Housing — 2010 Needs <br />Affordable Owner Target: <br />Affordable Renter Target: <br />Affordable Owner Actual: <br />Affordable Renter Actual: <br />2,421 <br />2000 <br />4,665 <br />2001 <br />84,981 units added 1996-2010 <br />15,840 units added 1996-2010 <br />40,168 units added 1996-2010 <br />11,873 units added 1996-2010 <br />Affordable Owner -Occupied Housing <br />Units Added Per Year <br />3,323 <br />2002 <br />3,731 3,525 <br />1 <br />Target: <br />5,665 units <br />per year <br />2,471 <br />2003 2004 2005 <br />1,830 <br />1,367 <br />2006 2007 <br />From 1996-2010, the region fell short <br />of its goal of nearly 85,000 owner - <br />occupied affordable units by almost <br />45,000 units, adding only 40,168 <br />units. <br />Similarly, the production of affordable <br />rental housing has fallen short of the <br />goals set for the fifteen -year period of <br />1996 to 2010 though far less than for <br />owner -occupied housing. Looking <br />just at the units built in the last <br />decade, an era of overall intense <br />housing production, average annual <br />823 1,169 758 <br />The production of affordable <br />owner -occupied housing has fallen <br />far short of the goals set for the <br />fifteen -year period of 1996 to 2010. <br />Looking just at the units built in the <br />last decade, an era of overall <br />intense housing production, <br />average annual production of <br />affordable owner -occupied <br />housing, 2,371 units, has been less <br />than half (42 percent) of the target <br />of 5,665 units per year. <br />Housing costs are considered <br />affordable if they consume no more <br />than 30 percent of household <br />income. For the 1996 to 2010 period, the Council defined annual affordability thresholds based <br />on the housing budget of households earning 80 percent of the area median family income for <br />owner -occupied housing and 50 percent of median for rental housing. <br />Affordable Rental Housing <br />Units Added Per Year <br />2008 <br />1,465 <br />2009 2010 <br />800 <br />1,287 1,351 <br />911 <br />Target: <br />1,056 units <br />per year <br />770 783 <br />541 647 1111 593 <br />358 <br />2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 <br />12 <br />