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A Metropolitan Council <br />AI <br />Regional Benchmarks <br />Measuring Our Progress <br />2011 Update <br />3. Housin • Choices <br />• Single Family Housing Units <br />2030 Growth Target: <br />2000-10 Actual: <br />242,500 units added <br />57,430 units added <br />Single -Family Housing Production The target for single-family detached <br />(Units added) housing production acknowledges <br />that roughly half of the overall <br />housing unit target of 16,000 to <br />0, 18,000 units per year is likely to be <br />co N co <br />cp <br />N� Target: single-family detached housing. For <br />�� �M 8,000 to context, 58 percent of the existing <br />• co co °ON- 0 10,000 / year housing stock is single-family <br />`� N� CVdetached, so the goal recognizes <br />co-o M that demand for attached housing is <br />o,r N M CAM N N increasingrelative to historic norms. <br />1 co c) N� -N �rn <br />NM N� NN <br />2010 marked a new high in the share <br />2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 of net growth in single-family <br />Target Range Units permitted Net growth housing, with 56 percent of the total <br />growth. Since 2001, 41 percent of <br />the net growth in housing has been single-family detached, varying from a high of 56 percent in <br />2010 to a low of 34 percent in 2005—a peak of attached housing construction. <br />Source: Metropolitan Council Research. <br />• Townhouse/Multifamily units <br />2030 Growth Target: <br />2000-10 Actual: <br />The target of 8,000-10,000 <br />new townhouse/multifamily <br />housing permits per year, on <br />average, reflects the objective <br />of providing the region's <br />residents with a range of life - <br />cycle and affordable housing <br />options. An evolving <br />demographic mix and <br />emerging generational <br />preferences have led to <br />significant construction of <br />attached units, peaking at over <br />14,000 added in 2005 and <br />representing two-thirds of net <br />growth in housing units. While <br />242,500 units added <br />83,255 units added <br />Townhouse / Multifamily Housing Production <br />(Units added) <br />0.) 0.) <br />.4.0„ <br />(A�N� <br />CCl <br />C <br />00 r <br />0) <br />Target: <br />8,000to 10,000 <br />per year <br />C <br />r 0) <br />N. N. 0)00 0)00 <br />00 )a) )) coo <br />00 `r 00 CO CA M <br />N �N NN <br />2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 <br />Target Range <br />Units permitted Net growth <br />11 <br />