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HousingDRAFT 4-48 <br />Any vacant or redevelopable land designated as High Density Residential, or the <br />designated residential portion of redevelopment areas within Mixed Use – Regional <br />Node, Mixed Use – City Center Node, and Mixed Use – Neighborhood Node may count <br />towards affordable housing allocation calculations. As seen in Table 15 below, the net <br />developable or redevelopable acres of each applicable land use have been multiplied <br />by the minimum units per acre to determine the minimum number of units that could <br />be developed on this available land. Mixed Use areas only require a proportion of their <br />developable land to be residential, so those percentages apply to the unit count for this <br />calculation. Note: we utilize net developable acreage which removes areas where units <br />cannot be built, such as right-of-way, open water, and wetlands. <br />With the available vacant and redevelopable land within areas designated as Medium <br />Density Residential, High Density Residential, and Mixed Use, New Brighton is able to <br />meet its allocation of affordable housing need for 2030. <br />Table 4-18. New Brighton Future Land Use Designations for Affordable Allocation <br />FLU Min. Units / Acre Qualify? <br />Low Density Residential 2.5 No <br />Medium Density <br />Residential 6.0 Only for 51% - 80% AMI <br />High Density Residential 12.0 Yes <br />Mixed Use – regional <br />Node 12.0 Yes <br />Mixed Use – City Center <br />Node 12.0 Yes <br />Mixed Use – <br />Neighborhood Node 8.0 Yes <br />Source: City of New Brighton <br />Table 4-19. Rental and Vacancy Rates in New Brighton <br />FLU Acres Vacant Acres <br />Redevelopment Min. units /acre % Res. For <br />Redevelp.Units <br />Medium Density 0.47 -6.0 100%3 <br />High Density Residential -3.87 12.0 100%46 <br />Mixed Use, by Redevelopment Area <br />Neighborhood Node: Old Highway <br />8 Interchange (North)-8.50 8.0 100%68 <br />Neighborhood Node: Old Highway <br />8 Interchange (Central)-12.01 8.0 10%10 <br />Regional Node: Silver Lake (694 <br />Junction)-6.98 12.0 80%67 <br />Neighborhood Node: Silver Lake <br />(North)-8.41 8.0 50%34 <br />Neighborhood Node: Silver Lake <br />(South)-2.96 8.0 90%21 <br />total 0.47 42.73 249 <br />Source: City of New Brighton