Laserfiche WebLink
VA Metropolitan Council <br />AA <br />Regional Benchmarks <br />Measuring Our Progress <br />2011 Update <br />3. Housin • Choices <br />• Single Family Housing Units <br />2030 Growth Target: <br />2000-10 Actual: <br />242,500 units added <br />57,430 units added <br />Single -Family Housing Production <br />(Units added) <br />The target for single-family detached <br />housing production acknowledges <br />that roughly half of the overall <br />housing unit target of 16,000 to <br />o) 18,000 units per year is likely to be <br />�� co �0' Target: single-family detached housing. For <br />°° N �o �0) �� 8,000 to context, 58 percent of the existing <br />'� ° - 0 10,000 / year housing stock is single-family <br />`o LO N detached, so the goal recognizes <br />Nu)0L° that demand for attached housing is <br />__to N �M 0) co N N increasingrelative to historic norms. <br />N- �� I0 <br />NM Nr NN <br />2001 2002 2003 2004 2005 <br />2010 marked a new high in the share <br />of net growth in single-family <br />• Target Range Units permitted Net growth housing, with 56 percent of the total <br />growth. Since 2001, 41 percent of <br />the net growth in housing has been single-family detached, varying from a high of 56 percent in <br />2010 to a low of 34 percent in 2005—a peak of attached housing construction. <br />2006 2007 2008 2009 2010 <br />Source: Metropolitan Council Research. <br />• Townhouse/Multifamily units <br />2030 Growth Target: <br />2000-10 Actual: <br />The target of 8,000-10,000 <br />new townhouse/multifamily <br />housing permits per year, on <br />average, reflects the objective <br />of providing the region's <br />residents with a range of life - <br />cycle and affordable housing <br />options. An evolving <br />demographic mix and <br />emerging generational <br />preferences have led to <br />significant construction of <br />attached units, peaking at over <br />14,000 added in 2005 and <br />representing two-thirds of net <br />growth in housing units. While <br />242,500 units added <br />83,255 units added <br />Townhouse / Multifamily Housing Production <br />(Units added) <br />M <br />CO r- <br />0) D co <br />�a) rl� <br />Nr. vjM N <br />njCD- N'� <br />rr • <br />Target: <br />8,000 to 10,000 <br />per year <br />co <br />0) <br />N. -crN 0)co 0)co <br />Oo a) Lr) co 0 <br />00 4' 00 0 0) M <br />N rN NN <br />2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 <br />Target Range <br />Units permitted Net growth <br />11 <br />