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HomeMy WebLinkAbout2020-02-26_07_00_AM-Advisory_GroupsAgenda Housing Strategy Task Force City of Edina, Minnesota City Hall Community Room Wednesday, February 26, 2020 7:00 AM I.Call To Order II.Attendance III.Approval Of Meeting Agenda IV.Approval Of Meeting Minutes a.Minutes: February 4, 2020 V.Discussion Items a.Workplan: Subcommittee Update b.Consultant Update VI.Adjournment The City of Edina wants all residents to be comfortable being part of the public process. If you need assistance in the way of hearing ampli,cation, an interpreter, large-print documents or something else, please call 952-927-8861 72 hours in advance of the meeting. Date: February 26, 2020 Agenda Item #: IV.a. To:Members Item Type: Minutes From:Danielle Boschee, Communications Specialist Item Activity: Subject:Minutes: February 4, 2020 Action CITY OF EDINA 4801 West 50th Street Edina, MN 55424 www.edinamn.gov ACTION REQUESTED: INTRODUCTION: ATTACHMENTS: Description Minutes: February 4, 2020 Draft Minutes☐ Approved Minutes☐ Approved Date: Click here to enter a date. Minutes City Of Edina, Minnesota Community Room February 04, 2020 3:00 PM I. Call To Order The meeting commenced at 3:05 PM II. Roll Call Present: Co-Chairs Hornig and Hunt, Members Brown, Koon; Staff Liaison Hawkinson; Staff Boschee Absent: Burke, Kitui, Siekman III. Approval Of Meeting Agenda Hunt moved, seconded by Brown to approve the agenda; motion carried IV. Approval Of Meeting Minutes 1.14.20: Hornig moved, seconded by Hunt to approve the minutes; motion carried 1.29.20: Brown moved, seconded by Hornig to approve the minutes; motion carried V. Discussion Draft Work Plan and assignments VI. Adjournment The meeting adjourned at 4:20 PM. Updated 2020.01.09 City of Edina Housing Strategy Task Force DRAFT Work Plan 011420 Key Issue 1 Sub-Issues Objective Action Item (From Original Document) Strategy (how are you going to do this? Do you need a budget?) Supporting Docs Intersections / Partners (who do you work with or need help from?) Member Comments Priority L=Low M=Medium H=High Ci t y R e s o u r c e s Le a d : N o r m ( 2 nd : J o e , S t e v e , T o m ) A City financing alternatives to support housing - Identify all financing alternatives: - TIF Pooled Funds - Parameters of Affordable Housing Trust Fund (Buy in funds- Yes? No? Increase? Decrease?) - Support developers’ efforts to seek outside funds. - TE Bond financing - Fee waivers - Maximize HUD allocations Analyze examples of Tax Increment Financing awarded to subsidize affordable housing. Analyze the life cycle impact of TIF on these projects including impact on infrastructure costs and expenses and impact on property tax revenue to the city of Edina -Use Southdale 2 TIF pooled funds that has been collected. (Use it or lose it) -Develop policy for using excess increment for housing. Present case studies of successful project in Edina Comp plan and Chapter Four in particular 2-C Financing is a key constraint to implementation of the Comp Plan. We should identify what other options are available (Bloomington just set up an Aff. Housing Fund) TIF is one legitimate financing option, but it has drawbacks and limitations. We do not need to analyze TIF.as listed (SB) H Too much time wasted on this topic, we all pay taxes for things we do not want or appreciate. List projects that have received and not received TIF. Look at the long term stimulus to the community (TK) M B Private Development - Identify ways to partner with developers - Identify additional affordable housing developers with whom we could partner. Expand list of potential developers to whom we send RFPs. Identify projects in the last ten years that have been approved as non-conforming, have been given different zoning classification, or have been given subsidies. Invite developers who can provide the type of housing desired (e.g. through RFP process) Be transparent on priorities Comp plan and Chapter Four in particular The “Action item” lists three known ways to partner with developers. We do not need to document past usage. We can look at past usage to identify other ways of partnering. We can also research for more alternatives As Edina is a desirable place to develop, may not need to spend time on this other than to provide guidance to developers. H C City resource additions - Identify what additional infrastructure the City could add to support Affordable Housing - Review City Regulations: zoning, construction regulations Research what tools other Cities have used to support affordable housing We have four major tools – An Affordable Housing Manager, The Edina Housing Foundation, TIF, and the Rental Licensing program. Other cities have an Affordable Housing Fund as one example of a tool we might want to add. H D. Subsidies -Each of the methods used to provide affordable housing requires subsidization. - How can we leverage subsidies Analyze the examples of affordable housing that have been provided so far. Identify the total amount of the subsidies provided. Estimate the total cost of providing affordable housing. - Identify the costs of these subsidies -Analyze Work with local private funders, county, state and federal funders H Updated 2020.01.09 Key Issue 2 Sub-Issues Objective Action Item (From Original Document) Strategy (how are you going to do this? Do you need a budget?) Supporting Docs Intersections / Partners (who do you work with or need help from?) Member Comments Priority L=Low M=Medium H=High Af f o r d a b l e H o u s i n g Le a d : S t e v e . B e r n a d e t t e , J a n e t , T o m ( 2 nd : N o r m ) A Goals -Define a path to get us to our overall goal of 1220 units Review each of the alternative methods to achieve the allocated affordable housing goals. Propose a plan using a mixture of methods that would achieve the goals in the ten-year horizon, with annual goals. Provide plans with time-bound goals and milestones. Id all funding source (see Key Issue 1) -buy land with TIF pooled funds –site control -but eligible NOAH) -Recommend time line for developing plan for PW site -TF develop recommendation for PW site Comp plan and Chapter Four in particular Funders, planners, and housing providers; Key Issue 1 Denial of need Lack of funding, burden of imposed costs by government agencies, lack of sympathy by public H B Targets - Senior - Family (this needs more definition) - Special Needs - Workforce - Open enrollment families - People who work in Edina - People impacted by forced displacement The Comprehensive Plan identifies needs for affordable housing for seniors. Should there be a preference for affordable housing for any target populations? Should there be affordable housing for target populations for other than Seniors? Comp plan and Chapter Four in particular -We need to give voices to identified target audiences, to bring them to life through personal stories to help everyone understand the need. We should also consider surveys within these groups to determine the level of interest -We need to try to estimate the size of each target population (and compare known available units) -Based on my limited research we can set community preference regulations, specifically for live/work and forced displacement. These regulations may have significant staffing/cost implications to administer Include subgroups by income and special needs H E Naturally Occurring Affordable Housing (NOAH) How can NOAH Properties be preserved or increased? Identify the current inventory of NOAH – both single family and multifamily. Identify possible means of subsidizing the maintenance of current NOAH. What is the impact on the value to the current owners? What are the current best practices demonstrated by other cities? TIF Single Family Tear Downs Subsidies Use subsidies and other incentives to preserve housing Consider major expansion of “Come Home to Edina” program to address this sub issue – both to address maintenance and preserve affordability. I need clarification of the point about impact on value to current owners. M Updated 2020.01.09 Key Issue 3 Sub-Issues Objective Action Item (From Original Document) Strategy (how are you going to do this?) Supporting Docs Intersections / Partners (who do you work with or need help from?) Member Comments Priority Co m m u n i t y D r i v e r s Le a d : Ja n e t , J o e , No r m , D a n A Education Edina has been traditionally viewed as a city providing excellent public school education and close access to excellent private school alternatives. Because of this, Edina has enjoyed premium housing values compared to other nearby cities because of the access to high- quality education systems. Have there been any changes? Need to focus on all educational systems in Edina Has there been a change regarding how the Edina Public School system is viewed compared to other nearby competitive school systems? Is there now or is there likely to be a future impact on housing values in Edina? What is the impact of the trend of an increasing per cent of resident students enrolling out to other nearby public and private school systems? Hazel Reinhart’s report Keep all three districts and schools informed This is not a Comp Plan implementation issue. Perception the schools cannot handle growth and multifamily development will bring significant more students (TK) L/M B Suburban to Urban What is the impact of viewing the future of the city of Edina as Urban or Suburban? Reiterate what’s in comp plan; define goal/vision as stated in other vision documents What are the preferences of existing residents? Do residents prefer greater density and high rise buildings? What is the impact on the desirability of Edina as a location to live and do business? What is the Economic impact of either scenario? Is there a competitive advantage for businesses to have more density? What is the impact on the tax base and services? This has been settled by the Comp Plan. We should not reopen this debate. (SB) More of a philosophical issue. What is a suburb? Edina is a geographically split between the two. Suburbs that are growing and evolving. (TK) Divisive issue – clarify what’s in comp plan; describe differently. Define “urban” and “Suburban.” Spend time/space clarifying definitions and how it is described in comp plan. These words are triggers with loaded perspectives. Fear of change and growth L/M C Quality of Life What do our current quality of life survey results tell us? Is there likely to be an impact on housing values from changes in the Quality of Life Survey results? This is not a Comp Plan implementation issue (SB) Some people see the glass as half full and others half empty. (TK) L/M D Population Growth According to projections in the Comprehensive Plan as well as Metropolitan Council data, both Population and Housing Units began an accelerated rate of growth starting in 2010, different from previous trends and are projected to continue through 2040. - Compare the current high growth scenario to a growth indicated by the previous trends, and perhaps a growth level between the two alternatives. - Review why this higher rate of growth is a preferred result, as opposed to a growth rate incurred in previous years. - Review what caused this higher rate of growth. - What is the impact of the three alternatives on the following: Assessed valuation, property tax revenue, cost of infrastructure, cost of services provided, current residents' preferences, and other measures. What is the impact on the desirability of Edina as a location to live and to do business? - Articulate difference between Maxfield Study and Comprehensive Plan Population government studies and Maxfield This has been settled by the Comp Plan. We should not reopen this debate. (SB) Too much concern about this issue, we can project for three years at best. We do need to be prepared for a variety of growth and changes in the housing market. Due to our location, we need to accept density as a tool to combat climate change, cut the reliance on oil in the world and increase energy efficiency. (TK) Another trigger issue that needs to be acknowledged. L/M Updated 2020.01.09 Key Issue 4 Sub-Issues Objective Action Item (From Original Document) Strategy (how are you going to do this?) Supporting Docs Intersections / Partners (who do you work with or need help from?) Member Comments Priority Ho u s i n g S t o c k Da n (2 nd : J o e , J a n e t , T o m ) A Single Family Tear Downs - Will there be a continuing demand for updated large homes? - Should they be limited - Review Maxfield Research data and analyze long-term market trends - What is the impact of possible limitations on the value of homes to existing homeowners, to persons who wish to purchase properties and to possible developers? What are the preferences of current residents? - What is legally possible with regards to restrictions? $$ For more in depth analysis NOAH Preservation I do not believe we should attempt to intervene in the market when an owner wants to sell. If it is a NOAH property that the owner is struggling to maintain/afford, then this is covered in the NOAH sub-issue above. The demographer’s presentation to the School Board identified tear downs as a desirable contributor to the revitalization of the City and a significant source of new students to support our highly valued schools Look for best practices, demand size and scale again be consider, impact on the environment, shadow studies Compatibility with neighborhoods, destruction of affordable single family housing, possible exploitation of unsophisticated sellers. M/H B Home Ownership Changing zoning requirements to allow additional smaller housing units in existing single-family home areas. What are the potential changes to zoning that would allow additional housing units in existing single-family home areas? What would be the impact on the values of properties owned by existing homeowners? Affordable Housing Goals This is definitely an important option we should explore. Should include “tiny homes” and “cooperative housing.” See Maxfield study Changes in desired designs Will homeownership continue to be as desirable as in the past due to market conditions, life style and diminishing tax incentives? (TK) H C Multifamily Housing Issues - Identify growth of multifamily housing units by type of housing units: rentals, condominiums, NOAH, Luxury and other categories. . Expand list of potential developers to whom we send RFPs. Comp plan, maxfield study and Chapter Four in particular The Maxfield study should provide data on this Issue. This is the supply side of the target or demand side discussed above. As such it might be folded into the Targets sub-issue eventually (SB) This is one way to accommodate the growth of small households, provide modest cost housing and aid in combating climate change by allowing density (TK) H Updated 2020.01.09 D Residential Composition - With the increased number of housing units and population resulting in a greater number of multifamily units and renter occupied units, what are the likely implications for the future? Analyze the changes that have been witnessed in other similar cities that have undergone similar transitions. Identify the potential changes and impacts of those changes on Edina. Demographer’s presentation to the School Board is a good source of data and implications (SB) Comp plan and Chapter Four in particular (TK) The Maxfield Study may provide useful data as well. (SB) Look at market trend and solutions found around the country. Look to the future not the past. What are future needs and tastes in housing? (TK) Fear of change M E Housing Gaps - Identify gaps where there are underserved market or population segments. Review the Maxfield Research report data to identify market segments where the market has not provided sufficient housing alternatives, such as Senior housing, group homes for people with disabilities, or other groups. Comp plan and Chapter Four in particular This also could be incorporated into the “Targets” sub-issue listed above Lack of understanding H Timeline & Key Dates Updated 2020.01.09