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Agenda - Council - 06/28/2016
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Agenda - Council - 06/28/2016
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
06/28/2016
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ANOKA COUNTY HOUSING STUDY <br />CONCLUSIONS <br />TABLE E-1 (continued) <br />DEMAND FOR GENERAL OCCUPANCY HOUSING <br />ANOKA COUNTY SUBMARKETS <br />2010 to 2020 <br />Ham Lake <br />Household growth, 2010 to 2020 850 <br />(Minus) Senior housing demand (155) <br />(equals) Demand for general occupancy housing from growth 695 <br />Housing units built before 1960 <br />(Times) Estimated replacement rate annually <br />(Times) Number of years, 2010 to 2020 <br />(equals) Demand from replacement needs <br />Total demand for general occupancy housing <br />777 <br />0.5% <br />10 <br />39 <br />734 <br />Lino Lakes & <br />Centerville <br />1,835 <br />(100) <br />1,735 <br />757 <br />0.5% <br />10 <br />38 <br />1,773 <br />Linwood & <br />Columbus <br />Oak Grove & <br />Nowthen <br />465 785 <br />(80) (130) <br />385 655 <br />829 <br />0.5% <br />10 <br />41 <br />426 <br />654 <br />0.5% <br />10 <br />33 <br />688 <br />RENTAL HOUSING <br />Estimated renter rate <br />Demand for new general -occupancy rental housing <br />10% <br />73 <br />5% <br />34 <br />Percent demand by type: <br />Market rate <br />Shallow subsidy (50-80% AMI) <br />Deep Subsidy (<50% AMI) <br />Numerical demand by type: <br />Market rate <br />Shallow subsidy (50-80% AMI) <br />Deep Subsidy (<50% AMI) <br />55% <br />25% <br />20% <br />40 <br />18 <br />15 <br />50% <br />15% <br />35% <br />133 <br />40 <br />93 <br />50% <br />15% <br />35% <br />11 <br />3 <br />7 <br />50% <br />15% <br />35% <br />17 <br />5 <br />12 <br />FOR -SALE HOUSING <br />Estimated homeownership rate <br />Demand for new for -sale housing <br />90% 85% 95% <br />660 1,507 405 <br />95% <br />653 <br />Estimated percent demand for SF units <br />Demand for new SF units <br />Percent demand by type: <br />Modest (<$250K) <br />Move -up ($250K-$450K) <br />Executive (>$450K) <br />100% <br />528 1,056. 621 <br />10% 20% 20% 20% <br />40% 60% 65% 65% <br />50% 20% 15% 15% <br />Numerical demand by type: <br />Modest (<$250K) 53 211 81 124 <br />Move -up ($250K-$450K) 211 633 263 403 <br />Executive (>$450K) 264 211 61 93 <br />Estimated percent demand for MF units 20% 30% 0% <br />Demand for new MF unitsal 0 <br />Percent demand by type: <br />Modest (<$225K) <br />Move -up (>$225K) <br />5% <br />30% 65% 70% <br />70% 35% 30% <br />Numerical demand by type: <br />Modest (<$225K) 40 294 0 23 <br />Move -up (>$225K) 92 158 0 10 <br />CONTINUED - 2 of 3 <br />MAXFIELD RESEARCH INC. 141 <br />
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