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HousingDRAFT 4-46 CUrreNt hOUSING NeeDS Based on existing housing conditions, as well as feedback from community members through public engagement activities, the City has identified the following needs related to housing: »Maintain and enhance existing housing stock »provide a wide variety of housing types to meet the needs of a diverse community at all stages of life »promote neighborhoods that are walkable, safe, and connected to amenities »ensure an adequate supply of quality affordable housing These issues are the primary concerns facing New Brighton today and will be the primary focus of goals and policies for the future of housing in New Brighton. eXpeCteD FUtUre hOUSING DeMaND aND NeeDS Future housing needs reflect those of a maturing community. New Brighton’s housing stock is reaching an age at which maintenance becomes more important to the vitality of housing and neighborhood stabilization. The primary housing need in New Brighton is making sure homes and neighborhoods are maintained as they age. In addition to simply maintaining the housing stock, the City needs to adapt to changing housing needs generated by a maturing population and the housing needs of an evolving demographic profile. The 1994 Housing Study indicates the need to provide more housing for empty-nesters specifically seniors as the baby boom generation grows into a new life style and more senior housing is needed. This continues to be the trend with the completion of a 125-unit senior cooperative building in 2007, known as Applewood Pointe. Currently, New Brighton has several senior housing projects offering both market rate and subsidized housing. Also identified in the housing study is the need for new “general occupancy rental housing” or housing not reserved for a particular demographic profile such as seniors. Current multi-family housing offers little in terms of variety or choice primarily because most of the multi-family housing was built in the 60s and 70s. Recently, there has been a trend to convert multi-family rental housing into condominiums, which has reduced the number of units that are available. The City’s multi-family housing built in the 60s and 70s lacks in the amenities that new apartment housing can provide such as private entrances, underground parking, in-unit laundry and access to meeting space or business equipment. One market that is not necessarily served in New Brighton is the moderate to upper level apartment, falling short of what many refer to as the “luxury” apartment. In order to continue to compete in the housing market it is important to offer new housing developments with modern amenities. Affordable Housing Need Allocation Through its regional planning efforts, the Metropolitan Council has prioritized housing affordability in the Thrive MSP 2040 Regional Policy. The Metropolitan Council determined the allocation of affordable housing needed to meet the rising need of