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
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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
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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