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196 <br />�r��l��[l/�' �� About f���� Housing [�[l|'(� [�|��[l |[l/�'(��fr`��� <br />Appendix / ' r��� � the / / � Policy \/ Plan Indicators <br />c^��' <br />r~r^~'' ' ~^~ ~ ~^~~''�� ~ ~� ~^'' '' ~ '~ <br />Indicator #1: Housing Cost Burden <br />We use U.S. Census Bureau American Community Survey one-year data (Tables B25070 <br />and B25091) to calculate the percentage of the seven -county region's households that <br />experience housing cost burden. <br />Indicator #2: New Affordable Units Created <br />Data for this indicator come from the Metropolitan Council's annual Affordable Housing <br />Production survey. The survey asks local governments t0provide project inf0rnn81i0nf0r <br />the new housing units produced in their community annually; Council staff verify data <br />through various nne8nS including: parcel data, contact with community staff, community <br />websites, and comparison to data in the Council's Sewer Availability Charge (SAC) <br />reports. For more information, please see our report "W1etroStato: 2014Affordab|e <br />Housing Production in the Twin Cities Re8ion" (available online at: http://nnetrocounci|.org/ <br />reporta/2014affordab|ehouoing\. <br />Fnr2011 and afterwards, ownership units are classified as affordable if their assessed <br />value would produce nn0nthk/ mortgage payments (including principal, interest, property <br />taxes, and insurance) at or below 29% of the monthly household income of a four -person <br />household earning 60% 0fthe Area Median Income (8S defined by the U.S. Department of <br />Housing and Urban Development (HUD)). Rental units are classified as affordable if their <br />rent is less than the rent limits Minnesota Housing defines for their deferred loan programs <br />serving households at 60% ofthe Area Median Income. <br />For 2010 and earlier years, ownership units are classified as affordable if their assessed <br />value would produce monthly mortgage payments (including principal, interest, property <br />taxes, and insurance) 8t0rbelow 30Y60fthe monthly household income 0f8four-person <br />household with an income at or below 80% of the region\uArea Median Income (as defined <br />by HUD). Rental units are classified as affordable if their rent is |euu than the rent limits <br />Minnesota Housing defines for their deferred loan programs serving households at 50% of <br />the Area Median Income. <br />indicator #3: Share of the Regi0DisCommunities Lacking Sufficient Affordable <br />Housing for Households with Income At or Del0VV30% AyNI, Between 31% and <br />50% AMLand Between 51%and 80% AKAI <br />"Affordable housing" in this context includes both unsubsidized and publicly subsidized <br />units. We examine three components: <br />Affordable rental housing data come from Table 8ofthe U.S.Department ofHousing and <br />Urban Development's Comprehensive Housing Affordability Strategy (CHAS) data with <br />the terminal year closest to the indicator year (i.e., we use the 2007-2011 CHAS data <br />to determine affordable rental housing for 2011). These data cover both subsidized and <br />Appendices <br />