Agenda - Council - 08/27/2019 - Laserfiche WebLink

Home

HOUSING CHARACTERISTICS Introduction The variety and condition of the housing stock in a community provides the basis for an attrac- tive living environment. Housing functions as a building block for neighborhoods and goods and services. We initially examined the characteristics of the housing supply in Ramsey by re- viewing data on the age of the existing housing stock; examining residential building trends since 2000; and reviewing housing data from the American Community Survey that relates to the City of Ramsey. Residential Construction Trends 2008 to Present Maxfield Research obtained data from the Metropolitan Council on the number of building per- mits issued for new housing units in Ramsey from 2000 through 2017 and compared this with the number of units permitted as identified by the City of Ramsey. Table HC-1 displays units permitted issued for different housing types as reported by the City of Ramsey, while Table HC- 2 displays total units permitted for different housing types as reported by the Metropolitan Council. The following are key points about housing development since 2000. • Per the City of Ramsey, there have been 1,698 permits issued between 2008 and 2018. That equates to about 150 residential units permitted annually since 2008. • The City of Ramsey experienced a spike in multifamily units permitted in 2012 and has aver- aged 208 units permitted since. • The City of Ramsey averages roughly 58 multifamily units permitted since 2008. Ramsey is- sued a high of 230 multifamily units in 2012. There were a total of seven years between 2008 and 2018 were no multifamily permits were issued. • Through May 2019, City of Ramsey has issued roughly 51 single-family (detached) permits, which is only 19 single-family units below the average for the past 10 years. MAXFIELD RESEARCH AND CONSULTING 48