Laserfiche WebLink
Minutes/Special Edina City Council/April 18, 2006 <br /> Mr. Mayo reported that lower- and moderate-income workers in Edina were often priced out <br /> of its housing market. As housing values outpaced the incomes of those who have helped <br /> create higher property values (such as teachers, police officers, firefighters, retail/service <br /> workers, hospital staff, office workers, nurses, etc.), it has become difficult for Edina to be <br /> their home. He said the Housing Succession Plan aims were to protect and enhance Edina as <br /> a community of character, openness, and foresight by creating and maintaining a diversity of <br /> housing options. Mr. Mayo said the Task Force believed that deliberate attention to Edina's <br /> housing was necessary to: <br /> • Preserve and enhance the strength of our schools; <br /> • Maintain community character; <br /> • Foster diversity; <br /> • Support Edina businesses' ability to remain competitive in regional and global <br /> markets and attract quality employees; <br /> and <br /> • Provide lifecycle opportunities for community renewal (provide opportunities for <br /> people to live and work in Edina throughout their lives, continually renewing Edina's <br /> residential base). <br /> Mr. Mayo stated the Task Force also recommended a three step action plan in this report. The <br /> first step would be to obtain feedback from the community. Second, the Task Force will <br /> convene teams to design and implement housing strategies. Third, a management structure <br /> must be created, responsible for implementing the Housing Succession Plan. <br /> The Council thanked the Task Force for their work. They discussed various aspects of the <br /> report including: Edina's senior population, Edina School System, Edina's strong residential <br /> neighborhoods, inclusionary zoning, potential sources of funds to finance affordable <br /> housing, possibility of legal challenges, maintenance of neighborhoods' character, life cycle <br /> housing serving young families through frail elderly families, affect of regulation on the <br /> housing market, who and where are the seniors, Edina children can no longer afford to live <br /> in Edina, will young families in single-family residences be able to be promoted, would there <br /> need to be a different "affordability" definition in Edina because of the high land costs, where <br /> were the people who cannot afford housing living, and seniors could possibly move into <br /> more dense housing freeing up their single family homes for young families who would need <br /> assistance (possibly some type of land trust). <br /> Mr. Mayo noted the Task Force would be gathering community input April 27th and will <br /> report findings to the Council. <br /> Mayor Hovland adjourned the meeting at 6:35 p.m. <br /> Respectfully submitted, <br /> Debra Mang n, Ck Clerk <br /> Page 2 <br />