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� <br />Livability focuses on the quality of the lives and <br />experiences of our region's residents and how <br />places and infrastructure create and enhance <br />the quality oflife that makes our region a8reat <br />place t0live. With abundant and beautiful <br />open space, anactive arts community, a <br />range ofhousing options, and areasonable <br />cost of living, the Twin Cities region is widely <br />recognized for its high quality of life. The Council's focus on livability is on <br />creating and renewing vibrant places and underlying infrastructure, expanding <br />housing choices, and collaborating with partners to achieve the full range of <br />possibilities that help our region thrive. <br />KEY TAKEAWAY: <br />Our region's ongoing prosperity <br />depends onensuring the <br />continued livability ofour region <br />i for our changing demographics. <br />Livability adds value t0 our region by helping to attract and retain 8t8|ented <br />workforce, increasing living choices, building community identity, highlighting <br />the unique qualities oflocal places, and supporting individual lifestyle <br />preferences. The Council is committed to increasing livability for people of all <br />a8eo, raceo, ethnicitieo, incorneo, national origino, and abilities inthe region <br />through its authorities, its investments in infrastructure, and its collaboration <br />with others tosustain and increase high quality of life. <br />Provide hoWs i nQchoicesfor 8range of <br />de0ograph'c characft'St'cs <br />Communities throughout the region recognize the significance ofhousing <br />quality, choice, and affordability. The region ioexpecting 307,000new <br />households by 2040. In addition to population growth, other factors influence <br />housing need. These include the changing composition of families, disparities <br />inhousehold income and wealth generation, and anaging population that <br />on average will be living longer, spending more on health care, and that may <br />not be able to afford their current housing due to limited incomes. Recently <br />demand has increased for multifamily housing, among both seniors and <br />younger residents. This iSparticularly true inthe central cities, fueled by <br />demographic changes and market interest in areas well served bytransit and <br />amenities. <br />HOUSING POLICY PLAN <br />"TWo:omwcomq* <br />