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. � 11' <br /> Elk Elk River Comprehensive Plan <br /> River <br /> -a <br /> -- _ - - CD <br /> 4� <br /> Introduction <br /> Housing is an important component of all communities. Not only do <br /> the quality, availability, affordability, and diversity of housing enhance <br /> the quality of life in the City, it also supports economic development <br /> k� .. and contributes to a community's sense of place. Many business <br /> i <br /> r%' owners look at the t <br /> 16. ype and supply of housing in a community when <br /> s considering locations for opening or expanding their business. In <br /> return, the location and expansion of businesses within the City serves <br /> the population and attracts more businesses which keeps the cycle of <br /> growth and development vibrant. <br /> Housing is not a single, one size fits all, commodity. Personal housing <br /> needs change as life passes from young, single adult to family to <br /> elderly. This chapter provides an inventory and analysis of Elk River's <br /> existing housing and paints a broad picture of residential development. <br /> Chapter 7: Housing / 69 <br />