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<br /> <br />INFORMATION <br /> <br />MEMORANDUM <br /> <br />TO: Mayor and City Council <br />FROM: Scott Harlicker, Senior Planner1dY' <br /> <br />DATE: February 21, 2006 <br /> <br />SUBJECT: Housing Study Update <br /> <br />Background <br /> <br />In 2003 staff presented the results of a housing study to the Council. That study included <br />data on the number and mix of dwelling units in the city. Census data was also utilized to <br />compare Elk River's housing stock to those of neighboring communities. <br /> <br />In 2004, Council asked staff for an update to the 2003 study. Included in this update was <br />data on the number and types of building permits issued, an updated lot inventory and <br />information on future residential projects. <br /> <br />The following is an update including 2005 new housing starts. The timing of the updates has <br />been changed from the fall to January in order to take advantage of the end of the year <br />building permit information. <br /> <br />Update <br /> <br />A summary of the housing activity for 2003, 2004 and 2005 is shown in the following tables: <br />Total Number of Units, Percent of Total Number of Units and Percent of Total Number of <br />Single Family Units. The housing types included in the inventory were apartments, single <br />family detached and single family attached (twinhomes and townhouses). All of the new <br />dwelling units were either single family detached or single family attached. <br /> <br />The first table includes the total number of units for the last three years. In 2003, 550 units <br />were constructed; in 2004, 548 units were constructed, and in 2005, 344 units were <br />constructed. All of the new units were single family; no apartments have been constructed in <br />the city since 1995. From January 2003 to December 2005,608 townhouses, 781 single <br />family detached homes and 53 twinhomes were constructed. The year 2005 saw a significant <br />