Agenda - Council - 06/28/2016 - Laserfiche WebLink

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Local responsibilities • Prepare a local comprehensive plan that addresses the housing planning requirements of the Metropolitan Land Planning Act. This includes guiding sufficient land to support a community's share of the regional affordable housing need, and creating housing element and implementation program sections that identify the programs, fiscal devices, and official controls that will be used to address a community's share of the regional need for affordable housing (see more in Part III). • [For communities choosing to participate in the Livable Communities Act programs] Negotiate affordable and life -cycle housing goals that support regional and local housing needs, prepare a Housing Action Plan to address those goals, and become eligible to access grant funding to address local development and redevelopment objectives. Local opportunities • Assess the effectiveness of local regulatory, fiscal, and planning tools that can lower total development costs and make affordable housing more feasible while also meeting other fiscal and planning objectives. • Provide resources that expand housing options for new housing construction or rehabilitation either directly or through funding programs such as CDBG. • Review local ordinances, policies, and partnerships to ensure they encourage and facilitate the opportunity for the development or preservation of affordable and life -cycle housing. • Consider strategies to expand owner -occupied housing affordable to low- and moderate - income households by developing partnerships with community land trusts and nonprofit models such as Twin Cities Habitat for Humanity. • Acquire land where appropriate and feasible to support future mixed -income development. • Assess fiscal and regulatory tools and incentives available to attract housing developers. • Identify and analyze local markets, the existing and forecasted affordable housing need, and the location, condition, and availability of a variety of housing types, both publicly subsidized and unsubsidized, to inform the housing element of the local comprehensive plan. • Utilize the Urban Land Institute - Minnesota and Regional Council of Mayors' Opportunity City Program's Community Site Principles, Housing Policy Tool Box, and other tools that foster best practices for maximizing land use and connecting with job and transportation networks. • Work with developers to build connections among and enhance social capital of residents of newly - constructed affordable and mixed - income housing. HOUSING POLICY PLAN "TWO: OWCE,M9�;