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Key Metrics and Related Projects

Affordable Housing Metrics

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

       

Affordable Housing Framework 2016 - 2020

Housing Alliance Coalition

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

December 02, 2021: Multi-Year Plan and $15M Commitment

Mayo Clinic announced an additional $5 Million contribution to affordable housing bridge. 

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March 06, 2021: Housing Alliance Coalition

   Work Products: 2021 Housing Profile and Coalition Report 2020

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February 04, 2020: 2016-2020 Housing Framework Status

2020-02-04 PB Reporting: Process improvement needed. 

 

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November 23, 2019: Minnesota Housing awards funding for two affordable housing projects in Rochester

The two local projects selected are Century Heights, a 76-unit project from Rochester-based Joseph Development, and Mayowood Apartments, a 30-unit development from Center City Housing Corporation.

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September 27, 2019: 2019 DMCC Affordable Housing Work Plan Status

2019 Presentations : September DMCC, meeting, May DMCC meeting and Feb DMCC meeting.

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August 18, 2019: 2019 Housing Status

Housing coalition has invested $3 million in 16 months.

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February 15, 2019: Councilman Michael Wojcik Comments to DMC pertaining to Affordable Housing

Here are 6 comments / Suggestions that that Councilman Wojcik sent do the DMC EDA and Board pertaining to how DMC can have a positive impact on the affordability of housing in the district and beyond.

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January 17, 2019: Affordable Housing Proposal

The City of Rochester is looking to have up to 10 floors of housing constructed on top of a brand new 650 unit parking ramp.

This is in both a targeted census tract, an opportunity zone and a couple blocks from the Mayo Clinic. The city spent an addition $500k to ensure footings could serve up to 10 addition levels of housing.

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Purpose of the site
A sub-site of Community Beam, the City4Good website is being prototyped by openBEAM.net  to help the "In the City For Good initiative" to better collaborate.
Community Status/News

Why Get Vaccinated? (December 05, 2021)

(1) November 2021 e-Magazine (2) Info about booster and (3) Education Slides in English and Chinese.  

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Multi-Year Plan and $15M Commitment (December 02, 2021)

Mayo Clinic announced an additional $5 Million contribution to affordable housing bridge. 

Read more ...

Use of "America City for Health" as moniker to attract DMC investment (November 20, 2021)

Presentation to DMCC Board in November 2021 Board Meeting. Focus on attracting more companies coming in.  America City for Health as lead generation asset. 

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2021 Targeted Business Enterprise Utilization Plan Reports (October 29, 2021)

Key info includes: 4Q 2021 News;  3Q 2021 News, 2021 Global Mayors Challenge, DMC Discovery Walk Pre-bid 

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MPR Regional Development Advisory Council Rochester Announcements (October 23, 2021)

Media outreach grant opportunities for BIPOC communities from Star Tribune supported by MPR.

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Facing Race 2021 Awards Ceremony (October 23, 2021)

2021 Facing Race Awards Event on TPT 7PM October 24 and other broadcasts schedule. 

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Tackling Racism as a Public Health Issue (October 23, 2021)

1. 10/22/2021 Presentation to CMRC;  2. August update posted on Olmsted County website

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APM Research Group MN Diversity Communities Survey (October 20, 2021)

  1. Survey results 2. MINNESOTA’S DIVERSE COMMUNITIES SURVEY: WHAT? WHY? AND HOW?

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Adminstration of Rochester's 3.12M award from Minnesota Main Street Economic Revitalization Program (October 16, 2021)

Press Release DMC EDA to administer 3.12M distribution of MN Main Street Economic Revitalization Program.

"Formal grant criteria will be established, including the prioritization of Black, Indigenous, and People of Color (BIPOC) participation. DMC will serve as the administrator of the grant."

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