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`- - • • Affordable Housing in Elk River <br />Elk River has 298 affordable <br />housing units in six communities. <br />Only four units were vacant <br />when last surveyed. <br />Through 2025, the City will have a <br />demand for 177 new affordable <br />developments. <br />The top in -demand jobs (see <br />next slide) are in retail, services and <br />related industries, where wages <br />don't support the cost of housing. <br />Source: City of Elk River <br />Comprehensive Housing Needs Analysis <br />"Affordable housing is <br />important to a strong <br />economy and a healthy <br />community.." and '...the <br />lack of affordable <br />housing [for] people of <br />all ages and incomes <br />causes families stress, <br />dampens productivity <br />and stifles job growth:' <br />Source: Elk River City <br />Comprehensive Plan <br />