2040 Comprehensive Plan: Envision Shakopee

PROJECTEDHOUSINGNEEDS TOOLMATRIXCONTINUED

AFFORDABLE HOUSINGNEEDS 51%-80%AMI

AFFORDABLE SENIORHOUSINGNEEDS

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282UNITS AVAILABLE TOOLS Running Header Place Holder 2 1 3 4 6 7 8 5 Housing Running Header Place Holder Running Header Place Holder Running Header Place Holder Running Header Place Holder Running Header Place Holder

AVAILABLE TOOLS » » Land use guiding: The city will guide sufficient amounts of land for needed density to support affordable housing. See Land Use section for more information. » » The city would consider TIF proposals of this housing type in areas of the city appropriately guided for density and land use. » » The city would consider supporting or sponsoring an applicant to the Livable Communities Account programs for affordable senior housing » » The city has in the past issued Housing Bonds for senior housing and would consider it in the future. » » The city will review and update its refferal process for residents looking for afforrdable senior housing options. » » The city would support an application to the Minnesota Housing Finance Agency’s Considated RFP for affordable housing projects intended for affordable senior housing. » » The city would consider granting a Tax Abatement for affordable senior housing needs in areas appropriatly guided for density and land use.

» » Land use guiding: The city will guide sufficient amounts of land for needed density to support affordable housing. See Land Use section for more information. » » The city would consider TIF proposals of this housing type in areas of the city appropriately guided for density and land use. » » The city currently works with Scott County CDA in pursuing all affordable housing projects and will continue to do so in the future. » » The city would consider supporting or sponsoring an applicant to the Livable Communities Account programs for affordable housing 51% to 80% AMI. » » The city will actively look to assemble any underutilized or foreclosed property for potential utilization for affordable housing purposes. » » The city would support an application to the Minnesota Housing Finance Agency’s Considated RFP for affordable housing projects intended for affordable housing 51% to 80% AMI. » » The city would not consider issuing Housing Bonds for affordable housing projects intended for affordable housing below 30% AMI. » » The city would not consider granting a Tax Abatement for affordable housing projects intended for affordable housing 51% to 80% AMI.

93 ENVISION SHAKOPEE | SECTION III: COMMUNITY ENVIRONMENT