Agenda - Council - 02/12/2019 - Laserfiche WebLink

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Our !Almon: To work together to respcaibty grow Our community, and to provide quality, COM4ffeciive, and efficient government ser ices. CC Regular Session 7. 4. Meeting Date: 02/12/2019 By: Chloe McGuire Brigl, Community Development Information Title: Adopt Resolution # 19-052 Authorizing the Request for a Comprehensive Housing Market Study and Use of Anoka County HRA Funds Purpose/Background: The purpose of this case is to review a potential Comprehensive Housing Market Study proposal from Maxfield Research & Consulting. City Staff has received feedback from the City Council previously that data on the demand and need for housing in the City is necessary in order to make informed decisions about proposed developments and land use decisions. The purpose of this case is to authorize the City to request funds from Anoka County HRA in an amount not to exceed $20,000. Notification: N/A Observations/Alternatives: Purpose of Study The Housing Study (proposal attached) will provide the City a comprehensive look at its housing stock, and provide data to better allow the City to respond to requests and questions from residents and developers. The last housing study was completed more than five (5) years ago and is need of update with the recent additions to the housing market. This study will provide quantitative data on the housing types available in the City, if there is a demand or need for additional housing types, and if the market is strong or slowing. For example, the housing study will provide information on the senior housing market, workforce housing market, and detached villas. The City continues to see requests come in for residential subdivisions, and the City wants to make sure that the way we guide our land uses is based on data and demand. The Housing Study would act as a supplement to the comprehensive plan, and focus on a more niche area. This is a common study completed after a comprehensive plan by cities in the area. A list of similar studies is included in the proposal (attached). The City has heard from residents througout the comprehensive planning process that they want more retail, especially near the COR. The City has heard that Ramsey is building too much multifamily and there is not a demand for that type of housing. This study would provide answers to those types of questions with market analysis and demographic analysis. Additionally, the housing study will provide an up-to-date, comprehensive look at our housing market, and will be used after as a marketing tool for future retail developments. The City has heard from retailers that a strong residential base is needed before they will come to the City of Ramsey; this study will provide that necessary data to retailers. Finally, the study will allow the City to make data -driven decisions. For example, the City has received requests