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Last revised July 24, 2014 <br />Affordable Housing Need, Goals and Scores: The triumvirate of measures <br />The Council uses three quantitative measures to inform the regional understanding of affordable <br />housing needs: <br />• Allocation of Affordable Housing Need ("Need") <br />• Livable Communities Act Affordable and Life -cycle Housing Goals ("Goals") <br />• Housing Perf�� I I IaI Ice Scores ("Scores") <br />As the following table outlines, these three indicators serve different functional roles that are often <br />confused. <br />Council Allocation of Affordable <br />Role Housing Need ("Need") <br />Livable Communities Act <br />Affordable and Life -cycle <br />Housing Goals ("Goals") <br />Housing Performance Scores <br />("Scores") <br />Why <br />Who <br />Required <br />How <br />What <br />When <br />Policy <br />Issues <br />Metropolitan Land Planning <br />Act <br />All sewered municipalities with <br />projected growth <br />Livable Communities Act <br />Livable Communities Act <br />participating communities <br />Council Policy <br />All Communities <br />Yes <br />No <br />N/A <br />Calculated by the Council <br />using forecasted household <br />growth and applying <br />methodology specific to the <br />need for affordable housing <br />Negotiation between Council <br />and communities choosing to <br />participate in the Livable <br />Communities Act programs <br />Determined by public data on <br />housing construction and <br />preservation, plus voluntary <br />local surveys <br />City must address the Need in <br />the housing element of their <br />comprehensive plan, including <br />the guiding of sufficient land <br />for multifamily housing and <br />other programs, and fiscal <br />devices to address need, <br />including an Implementation <br />Plan <br />Strengthen and elevate <br />participating communities' <br />commitment and focus on <br />creating affordable and life - <br />cycle housing <br />Scores are factored into <br />various funding criteria <br />(currently only in Livable <br />Communities Act programs) <br />Every 10-year planning cycle <br />15 years (1996-2010) <br />10 years (2011-2020) <br />10 years (2021-2030) <br />Annually <br />Regional Need methodology <br />Individual community Need <br />methodology <br />Quantitative and qualitative <br />review by Council of strategies <br />identified in local <br />comprehensive plan housing <br />elements and implementation <br />plans <br />Factors considered when <br />negotiating LCA goals while <br />acknowledging the region's <br />affordable housing need: <br />availability of resources, <br />existing concentrations of <br />poverty, market conditions, <br />cost and availability of land <br />What indicators to use to <br />measure community efforts to <br />encourage and promote <br />broader opportunities for <br />affordable housing and to <br />advance the strategies <br />identified in local <br />comprehensive plan housing <br />elements and implementation <br />plans <br />2040 HOUSING POLICY PLAN I METROPOLITAN COUNCIL <br />DRAFT RELEASED FOR PUBLIC COMMENT Part III: Council Policies and Roles I Page 49 <br />