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Valleyhigh Villas

139-unit senior affordable housing

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Project Impact(s): Aging, Housing

This project is in Plan Phase

  • Explore this page to view Beam's assessment of the basic description of the project, its impacts and collaboration atrributes. Also shown are status reports related to the project.
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Collaborators, Project Type, Impacts, Related Projects

Collaborators 

Lead Organization: TBD

Contact: TBD ; Email: TBD ; Phone: TBD

Known/Likely Collaborators:

Potential Collaborators:


Related Projects


Impacts 

Major Impact: 

PlanScape Impacts :

Level 1: Aging, Housing

Level 2: Housing: Affordable Rate

DMC Impacts:

Community Health Impacts:

Financial Stress/Homelessness


Type of Project

Building  

 

 

Detailed Description

Valleyhigh Senior Living has targeted property north of Valleyhigh Road Northwest and east of Kenosha Drive Northwest. The project would require financial assistance, and the developers have applied for tax-increment financing and a federal low-income housing tax credit, said Chris Stokka, project consultant.

Weis said a recent housing study published by Maxfield Research showed great need for affordable senior housing, but there have been few financing options for developers to make projects viable.

"We're not sure this is going to work but we're willing to take a run at the financing if you're of a mind to approve (the project plans)," Weis said.

 


Other Community News and Reports having impacts on:

Aging, Housing
August 30, 2024: CMRC Legacy and Future

CMRC pausing public activities and investment potential white paper availability announcement.

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August 16, 2024: Tax Breaks to Landlords

PB reporting: A local program providing tax breaks to landlords in exchange for maintaining lower rents is being tweaked to encourage future development of affordable housing.

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August 07, 2024: Age-Friendly Olmsted County (AFOC) Plan

August 2024 Report : Age-Friendly Olmsted County (AFOC) activities implementing the Age

Friendly Olmsted County 2022-2025 Action Plan since our annual report in February 2024.

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July 17, 2024: Bryk Apartments Rental Eligibility Amendment

July 17, 2024 City of Rochester: Adopting a Resolution authorizing an amendment to the Development Assistance Agreement and the Declaration of Restrictive Covenants to revise the affordability covenants related to the 80% Units.

March and May 2023 reports to DMCC including video, documents and presentations. 

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July 17, 2024: City Housing Support

Home Ownership Creation Program - Prairie Ridge: "NOW, THEREFORE, BE IT RESOLVED, by the Common Council of the City of Rochester, MN hereby approves the contribution of $4,000,000 to the Prairie Ridge development to support the creation of 201 for-sale homes via the Home Ownership Creation Program.

 

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July 01, 2024: First Half 2024 Targeted Business Enterprise Utilization Plan Reports

2Q 2024: June 2024May 2024 - Admin Message, TBE Report; April 2024 - Admin Message, TBE Report

1Q 2024: Feb 2024 - Admin Message, TBE Report; Jan 2024: Admin Message, TBE Report

Special callouts: Women in Construction; City of Rochester Equity in Development 

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June 15, 2024: Homes for our Neighbors Community Gathering
Calling for Community Support at Community Meeting:  The most recent Olmsted County Maxfield Study found that from 2020-2030, housing demand required 18,000 new housing units. 71% would need to be general-occupancy and 29% age-restricted senior housing.

 

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June 09, 2024: ISAIAH Rochester Agenda

Focus Area: Housing; Our Next Generation; Healthcare; Community-Building; Climate

Activities: Rochester Faith in MN & ISAIAH Calendar and Strategic Missions

Reference: CMRC June 24, 2024 Meeting Presentation Video

 

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May 24, 2024: 1H 2024 Destination Medical Center
Proceedings

May 2024 DMCC Board Meeting and City, County, DMC Joint Meeting

Feb 2024 DMCC Board Meeting

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May 21, 2024: M.O.V.E: A Collaboration of SHIP, Joint Study, One Olmsted

Mobilizing Olmsted Voices for Equity (M.O.V.E.) community council application

M.O.V.E. Promotional Flyer and Application to join M.O.V.E.

5/10/2024 Conversation Olmsted County Rep and CMRC Rep.: Regarding Olmsted County Community Council's DEI initiative called Mobilizing Olmsted Voices for Equity (M.O.V.E) 

Rochester Area Foundation Support Message

 

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May 17, 2024: Minnesota Housing Profile Housing Statistics and Findings

2023 Olmsted County Housing Profile

State of MN Profile and Findings

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May 01, 2024: Community Outreach Public Relations
Austin KSMQ R-Town Program Interview Segment about CMRC

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April 22, 2024: Credible Mind and Collective Impact
Introducing Credible Mind to support CHNA collaboration. 

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March 10, 2024: West Transit Village
September DMCC Board Status: NTH to run a developer selection process with Mayo

2024-03-10 Added Video Clip Loop of Sep 2022 DMCC board meeting

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Last modified by support on 2021/09/05
Created by allnode on 2016/11/02

 

 

 

Site Information
Project Phase Definitions
The following defines the various project phases:
  1. Available - a product, program or service is in production
  2. Develop - program or application is being developed
  3. Plan - idea is solid, stakeholders are identified, and there is strong commitment to go forward from all parties.
  4. Concept Phase - idea scoped out with enough details to give an early sizing and/or to build a proof of concept
    demonstration
  5. Pre-concept Phase - an early idea or a requirement.
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