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RECOMMENDATIONS AND CONCLUSIONS <br />Introduction/Overall Housing Recommendations <br />This section summarizes demand calculated for specific housing p <br />recommends development concepts to meet the housing needs foreca <br />recommendations are based on findings of the Comprehensive Housing Needs Assessment. The <br />following table and charts illustrate calculated demand by produ <br />recognize that housing demand is highly contingent on projected <br />growth could be higher should increased job growth ensue and the overall economy continues <br />to improve. <br /> <br />TABLE CR-1 <br />SUMMARY OF HOUSING DEMAND <br />CITY OF ELK RIVER <br />Novemeber 2015 <br />Type of Use2015-20252015 <br />General-Occupancy <br />Rental Units - Market Rate265 <br />Rental Units - Affordable133 <br />Rental Units - Subsidized44 <br />For-Sale Units - Single-family601 <br />For-Sale Units - Multifamily186 <br />Total General Occupancy Supportable1,229 <br />20152020 <br />Age-Restricted (Senior) <br />Market Rate <br />Adult Few Services (Active Adult)2377 <br /> Ownership00 <br /> Rental2377 <br />Congregate87102 <br />Assisted Living3547 <br />Memory Care1828 <br />Total Market Rate Senior Supportable163254 <br />Affordable/Subsidized <br />Active Adult - Subsidized00 <br />Active Adult - Affordable3942 <br />Total Affordable Senior Supportable3942 <br />Source: Maxfield Research & Consulting, LLC <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />97 <br />MAXFIELD RESEARCH & CONSULTING, LLC <br /> <br />