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Key Metrics and Related Projects

Affordable Housing Metrics

Data and Graphics from Minnesota Compass  Rochester Data Courtesy of Jim Miner

Olmsted Ownership by race (Housing Summit)

Click below to view source info.   <h2>  <a href = ' http://dmcbeam.org/community-events/housing-event#video' target='_blank' >Olmsted Ownership by race (Housing Summit)</a> </h2><p/><p/> (xx:yy) explanation <p/> When present, xx=acronym of source info; yy=page location. <p/> Go to  https://tinyl.io/6Spw for more info. For example: <p/> CP = Compass Points;

Market Rate Rent

Click below to view source info.   <h2>  <a href = ' http://dmcbeam.org/community-events/housing-event#video' target='_blank' >Market Rate Rent</a> </h2><p/><p/> (xx:yy) explanation <p/> When present, xx=acronym of source info; yy=page location. <p/> Go to  https://tinyl.io/6Spw for more info. For example: <p/> CP = Compass Points;

Senior Housing

Click below to view source info.   <h2>  <a href = ' http://dmcbeam.org/community-events/housing-event#video' target='_blank' >Senior Housing</a> </h2><p/><p/> (xx:yy) explanation <p/> When present, xx=acronym of source info; yy=page location. <p/> Go to  https://tinyl.io/6Spw for more info. For example: <p/> CP = Compass Points;

Affordable Rent

Click below to view source info.   <h2>  <a href = ' http://dmcbeam.org/community-events/housing-event#video' target='_blank' >Affordable Rent</a> </h2><p/><p/> (xx:yy) explanation <p/> When present, xx=acronym of source info; yy=page location. <p/> Go to  https://tinyl.io/6Spw for more info. For example: <p/> CP = Compass Points;

Single Family Home Permits (P5)

Click below to view source info.   <h2>  <a href = ' http://dashboard.dmcbeam.org/olmsted-county-community-health/f30350eff969429e95312ab4915cacc4#section-4' target='_blank' >Single Family Home Permits (P5)</a> </h2><p/><p/> (xx:yy) explanation <p/> When present, xx=acronym of source info; yy=page location. <p/> Go to  https://tinyl.io/6Spw for more info. For example: <p/> CP = Compass Points;

% of Household Housing Burden

Click below to view source info.   <h2>  <a href = ' https://www.mncompass.org/chart/k188/cost-burdened-households#5-5135-g' target='_blank' >% of Household Housing Burden </a> </h2><p/><p/> (xx:yy) explanation <p/> When present, xx=acronym of source info; yy=page location. <p/> Go to  https://tinyl.io/6Spw for more info. For example: <p/> CP = Compass Points;

% Paying 30% or More

Click below to view source info.   <h2>  <a href = ' https://www.mncompass.org/chart/k188/cost-burdened-households#5-5130-g' target='_blank' >% Paying 30% or More</a> </h2><p/><p/> (xx:yy) explanation <p/> When present, xx=acronym of source info; yy=page location. <p/> Go to  https://tinyl.io/6Spw for more info. For example: <p/> CP = Compass Points;

Homelessness

Click below to view source info.   <h2>  <a href = ' https://www.mncompass.org/chart/k179/homelessness#5-3511-g' target='_blank' >Homelessness</a> </h2><p/><p/> (xx:yy) explanation <p/> When present, xx=acronym of source info; yy=page location. <p/> Go to  https://tinyl.io/6Spw for more info. For example: <p/> CP = Compass Points;

BIPOC Homeownership Gap

Click below to view source info.   <h2>  <a href = ' https://www.mncompass.org/chart/k189/homeownership-gap#5-5172-g' target='_blank' >BIPOC Homeownership Gap </a> </h2><p/><p/> (xx:yy) explanation <p/> When present, xx=acronym of source info; yy=page location. <p/> Go to  https://tinyl.io/6Spw for more info. For example: <p/> CP = Compass Points;
       

Affordable Housing Framework 2016 - 2020

Coalition for Rochester Area Housing

Available Description

A continuing project to realize this purpose: “We are a cross-sector Alliance of organizations and individuals who seek to preserve and increase the supply of affordable housing that meets community needs and priorities in the Rochester area, through shared information, coordination, and collaboration.”

Strategies (How)

Strategies:

Greater Minnesota Housing Funds (GMHF) Facilitating "Housing Action Plan"

Coordinated with all local planning efforts

Establish housing production goals

Identify financing tools, policy tools, best practices

Consult with State, Federal & Local Government & Foundations

Plan for increased local development capacity

Innovative policies, strategies & Public/Private Partnerships

Results (Work Products)

2021 Report

 

Indicators (How do we know we are achieving the results?)

Indicators:

Homeless rates reduction and demographics profile improvement

Reduced area Annual Rental Production Trend (2006-2012) and Annual Needs Projections (2014 - 2020) Gaps

Market Rate Rental

Affordable Workforce Rental

(General)

Market Rate SeniorAffordable Senior
Production Demand Production Demand Production Demand Production Demand
117 167 20 246 16 251 8 126

 

1. Rental affordability improvements from current statistics of 58.2% of area renters cannot

afford the average market rent of $957 / Month. Majority of renters are rent burdened.

2. Improved affordable workforce rental general occupancy from 1.2% to xx% and affordable

senior rental housing from 0.8% to yy%.

 

Status/News

Minnesota Housing Profile Housing Statistics and Findings (May 17, 2024)

2023 Olmsted County Housing Profile

State of MN Profile and Findings

Read more ...
City of Rochester Housing Actions (March 07, 2024)
 

Feb 26 City Council Study Session Housing Portion: Economic Development Incentives for Housing

Video Clip

Presentation Slides

Read more ...
Contract Opportunity for Homeownership Mentor Program (February 01, 2024)

Get paid while helping others achieve their homeownership goals!

Referencing BIPOC Homeownership Co-design Report

 

Read more ...
Housing Alliance Coalition (August 14, 2023)
1. Housing Coalition Report: 2023 Legislative Housing Policy & Funding Update.

2. Future Starts at Home: Constitution Amendment For Housing

Read more ...
Accessory Dwelling Unit Pilot Program Open for Applications (March 29, 2023)
The Accessory Dwelling Unit (ADU) Pilot Program supports and encourages property owners in the city of Rochester to develop ADUs on their properties.

Read more ...
Housing Alliance Coalition BIPOC Co-designing (January 19, 2023)
Housing Alliance Coalition BIPOC Homeownership Co-designing Co-designing report

Read more ...
Housing Alliance Coalition Senior Housing Report (August 10, 2022)
(A) Aug 2022 status: Request for Proposals for Senior Housing Development;  (B) Dec, 2021 status: (1) Senior Housing Community Co-Design Project Report;  (2) Project Background: Describing Senior Housing Project and Recruiting Co-Designing Team Members

 

Read more ...
Olmsted County & Rochesster Joining House America (May 02, 2022)
 Olmsted County and the City of Rochester commit to federal housing solutions effort, House America

 

Read more ...
Multi-Year Plan and $15M Commitment (December 02, 2021)
Mayo Clinic announced an additional $5 Million contribution to affordable housing bridge. 

Read more ...
Housing Alliance Coalition (March 06, 2021)
 Work Products: 2021 Housing Profile and Coalition Report 2020

Read more ...

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Community Status/News

This panel displays the latest community news. For a standalone view please click this LINK.



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Tax Breaks to Landlords

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