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

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198 We consider communities to be lacking sufficient affordable housing at or below a certain AM I level if there are at least 10% more households at or below the AM I category than housing units affordable at or below that level. Indicator #4: Share of Regi0D'8TrGD8it Station Areas Lacking Sufficient Affordable Housing for Households with IOCQDle At or DeloVV 30% AyNL Between 31% and 50% A[WLand Between 51%and 80% AKAI Transit station areas include all areas within one-half mile of light rail transit /LRT\ or bus rapid transit (BRT) station for existing routes and planned routes with a Locally Preferred Alternative as of December 2014. These routes are: the Blue Line, the Red Line, the Green Line, the Orange Line, the Green Line Extension, and the Blue Line Extension. For those lines not yet under construction, we use the most recent information on station area locations To describe these station areas, we first calculate estimates of low-income households and affordable housing units in each census tract, using the same data sources described above for Indicator #3. We then adjust the resulting numbers for consistency with the community - level estimates developed in Indicator #3 as well as housing unit and household counts from the 2010 Census. To convert tracts to station areao, we calculate the share of each tract'o housing units and households that reside in 8 given station area using block -level data from the 2010Census and weight the tract -level data accordingly. While point data are available for parcels, allowing more precise locations of affordable ownership housing units than census tracts, using the adjusted tract -level estimates described here makes the different data sources more comparable. As with Indicator #3, we consider station areas to be lacking sufficient affordable housing at or below a certain AW1| level ifthere were at least 10% more households at or below the AW1| category than housing units affordable at or below that level. Indicator #5: Share of All Permitted Housing Units Located Near GD [RT/5RT Station 0rGHigh-Frequency Bus Line Address -level data on permitted housing units come from the Metropolitan Counci|\u Residential Building Permit Survey. (For more information, see http:/Yrnetrocounci|.o'«/ W1ETC/fi|ea/44/448e1097-092a-4b58-b883-db5df33cedcd.htrn|).VVedetermine how many of these units were within one-half mile of an LRT/BRT station or within one -quarter mile ofa high -frequency bus line using G|Sbuffering tools. Metropolitan Council staff verify the building permit data on returned surveys through various means including: contact with community staff, comparison to data from the Residential Construction Branch of the Manufacturing and Construction Division of the U.S. Census Bureau, community websites, and comparison to data submitted by communities in the Metropolitan C0unci|'Sannual Affordable Housing Production survey. |f8community Appendices