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from developers to allow smaller lots and villas, and will likely receive future requests for comprehensive plan <br />amendments. The City has a goal of providing housing options for residents at all ages and stages of their lives - so <br />they can stay in Ramsey from birth to retirement. This housing study will provide the City information on what <br />types of housing are needed to complete this goal. <br />Economic Development Benefits <br />• Use as a marketing tool for retail -- quantify the number of households in given area to attract retail <br />• Clearly identify trade area for retail <br />• Determine availability of housing for employees <br />How the Study Will Be Used <br />City Staff anticipates that this study will be helpful and allow the City to make informed, data -driven decisions <br />about land use applications, potential developments, and get ahead of requests. Just because there is a demand does <br />not mean the City has to plan for a particular housing style; however, this study would help avoid planning for a <br />style without sufficient demand and potentially oversaturating the market. This allows the City to gather necessary <br />information in advance and prepare for requests that will likely come in. Additionally, City Staff does not want to <br />overguide areas for certain housing types of the demand is inflated currently. This housing study should provide <br />clarity on the long-term demand for certain housing types, and provide guidance to the City on land use changes, <br />especially as they relate to increasing density. The study will also provide information that could lead to the creation <br />of new housing policies to keep up with demand and follow best practices. With the aging housing stock in City, a <br />policy related to housing maintenance and upkeep could be helpful to homeowners. <br />Funding Source: <br />City of Ramsey's Anoka County HRA Funds. <br />Recommendation: <br />Staff recommends adoption of Resolution # 19-052 Authorizing the Request for a Comprehensive Housing Market <br />Study and Use of County HRA Funds . <br />Action: <br />Motion to Adopt Resolution # 19-052 Authorizing the Request for a Comprehensive Housing Market Study and Use <br />of HRA Funds . <br />Maxfield Proposal January 2019 <br />Resolution #19-052 <br />Attachments <br />Form Review <br />Inbox Reviewed By Date <br />Tim Gladhill Chloe McGuire Brigl 02/06/2019 10:11 AM <br />Tim Gladhill Tim Gladhill 02/06/2019 12:09 PM <br />Tim Gladhill Tim Gladhill 02/06/2019 12:12 PM <br />Kurt Ulrich Kurt Ulrich 02/06/2019 03:22 PM <br />Form Started By: Chloe McGuire Brigl Started On: 02/05/2019 12:48 PM <br />Final Approval Date: 02/06/2019 <br />