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STRATEGIES TO STRATEGIES TO REDUCE COSTS . <br /> REDUCE COSTS : A CLOSER LOOK <br /> �' ASSESS HOUSING NEEDS �.�� <br /> (p EVALUATE SITE CONDITIONS <br /> 446Select a site that is the appropriate size to accommodate anticipated housing 4!) Select a site that is reasonably priced and suitable for residential development <br /> needs and housing types. <br /> A quality site at a reasonable price is the foundation for building a neighborhood with affordable starter homes. Start <br /> checking recent land sales to get an idea of the average land price in your area. In determining a reasonable price,it is critic <br /> The first step in developing a new neighborhood is to obtain a recent market study that documents the economic conditions and <br /> ; consider existing site conditions for each of the potential sites. "Final" land costs will be affected by site conditions such as F <br /> housing demand in your community and surrounding area. A recent market study will provide detailed and accurate information <br /> about the number and type of housing units that are needed. If a recent market study is not available and preparing one is not soils or the presence of hazardous materials. If site conditions are poor, savings from a low purchase price will quickly <br /> eclipsed by the costs associated with site preparation. Be sure to review all site conditions before deciding that the land pric <br /> feasible, another option is to conduct a housing needs assessment. This is a more informal way to assess housing needs with <br /> indeed "reasonable." <br /> information gathered through interviews with local employers, city officials, housing advocates, and landlords. Whatever the =), <br /> method used, be sure to include newly-approved projects both in the town and county. ! i, '` <br /> —_- <br /> ---4)---/ //,/II it' <br /> Having an accurate picture of the town's housing needs will assist you when reviewing site options to determine if a particular site ,+%c z'+"- °`ter ,/ <br /> is the appropriate size to accommodate the anticipated housing needs, or if a larger site or multiple sites will be required. For "" / /' <br /> some towns, infill housingmaybe theappropriate course of - 4.; --- ' ' I °'s4WAGE <br /> development, not only to increase the affordable housing supply, �, ---f.:',","! <br /> but also as a strategyfor redevelopment. The strategies outlined ',��__ `a <br /> in thisguide also apply to infill development. T=1*-,'. ,: .f'' / <br /> PP Y P ..���� <br /> I �_ ►fr,��:Tj 4� If the housing market study indicates a need for both single and �r <br /> C•:� r� . HAZARDOUS MATERIALS <br /> f es► \�� ,r '. multi-family housing, consider opportunities to incorporate both <br /> types in the new neighborhood. In addition to reducing costs, A previous use of the site may have left behind potentially hazardous materials, such as buried storage tanks,which can affect <br /> single-family <br /> safety of residents and dramatically increase the cost of site preparation. Conducting a title search to determine previous use <br /> multi-family housing housing combining multiple housing types in a neighborhood can help <br /> - create a stable neighborhood by allowing residents to continue to the site and following industry standards for environmental site assessment can help to uncover any hidden issues. Refer to <br /> live in the same neighborhood as their needs change. Careful ,-: Annual Book of ASTM Standards published by the American Society for Testing and Materials for more information. <br /> attention to the buildings'scale and placement can allow several <br /> different housing types to exist comfortably side by side,just as TOPOGRAPHY <br /> -`: - Verify the site's topographical conditions to determine that the site is not within a floodplain and does not have extrl <br /> they do in many older neighborhoods. =n, <br /> ;Y flip.,... topographical conditions, such as very steep slopes or very flat topography with poor drainage. Substantial re-grading of the <br /> As an example, this approach is being used in a new neighborhood in Isle, Minnesota that includes a mix of sixteen single- to prepare it for building and to provide appropriate drainage may significantly increase costs. <br /> family homes, four quad homes, eight apartments, and a senior apartment building. Refer to page 73 for a project profile on this ,, <br /> -- SOIL AND WATER CONDITIONS <br /> new neighborhood in Isle. u '4•4` ^' — — -- - - <br /> Avoid areas with features that will require excessive site preparation costs, such as high water tables and poor soils. These c <br /> ,n- " can turn an otherwise affordable project into one that is not cost effective. A site that has soil containing silts and clays that <br /> ' L- unsuitable for building construction, for example, may require extensive excavation and soil remediation to ready the area <br /> ' streets and homes. <br /> ., ;'_ <br /> _- * � �; �=' `-;`- —`• Some problematic site conditions can be addressed witF <br /> .w _ = _:: = rejecting the site for development. For example, on sites <br /> -. *-4--„ V,----4, higher water tables it may be possible to build slab-on-grad <br /> _` ;,- jh1K .•a, ; 'a even split-level houses without encountering additional cc <br /> ; q`:4,, t• tisk .i However, such site conditions can limit options and incrf <br /> • , : s: �x, ; ,', costs, so it is best to be aware of any limitations as earls <br /> f, _ %' �' '• " possible to determine if they are acceptable. Discuss poter <br /> y f f6 •P d y` <br /> ` site problems with a city engineer or builder. <br /> -,- j: -. is ;� <br /> J Y.: �;lE fir.... �, 1 .\ - 1,• �t VIP / 1 1.,, ' <br /> .' +J ,\r-- ��1 Ct '- ,I f.f,i,' , SITE VISIT <br /> -• ',',At" r r x-i4.)`' ,>.. ', •--• • ' r 1 1 GMHF staff and community representatives visit a potential sit <br /> c :- . i : , ! �;, 'r: ,� '' .'i r for a new neighborhood to review site conditions. <br />