Agenda - Planning Commission - 09/04/2014

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Last revised July 24, 2014 Part II: Outcomes: Using our housing resources wisely to create a prosperous, equitable, and livable region for today and generations to come With the adoption of Thrive MSP 2040, the Council identified five desired outcomes that define our shared regional vision: Stewardship Prosperity Equity cQ Livability cQ Sustainability These five outcomes reinforce and support one another to produce greater benefits than any single outcome alone. Stewardship leads to decisions that advance prosperity, equity, livability, and sustainability. Prosperity provides more resources to support stewardship, equity, livability, and sustainability. Equity is crucial to creating greater prosperity and livability in the region. And so on. Plans, policies, and projects that balance all five of these outcomes will create positive change, while efforts that advance only one or two at the expense of the others may fall short over the long term. Policymakers make tough decisions by weighing the benefits and costs of their options against these five outcomes. Focusing on outcomes allows for flexibility when implementing a shared strategic vision. Housing plays a key role in advancing all five of the Thrive outcomes. This section of the Housing Policy Plan outlines shared housing strategies that advance the Thrive outcomes and identify the roles of the Metropolitan Council roles and local jurisdictions. In many cases, the strategies defined in this section will require collaborations beyond the Council and its local government partners. The Council hopes that identifying these broad regional priorities in the Housing Policy Plan will catalyze the conversations and broad regional partnerships necessary to advance housing policy in the Twin Cities region. 2040 HOUSING POLICY PLAN I METROPOLITAN COUNCIL DRAFT RELEASED FOR PUBLIC COMMENT Part II: Outcomes and Principles 1 Page 16