SE MN Housing Market Data

A continuing project to realize this purpose: “We are a cross-sector Alliance of organizations and individuals who seek to preserve and increase the supply of affordable housing that meets community needs and priorities in the Rochester area, through shared information, coordination, and collaboration.”

Confirmed: AARP Rochester, MN ; Center City Housing (Silver Creek Corners) ; City of Rochester, MN ; Coalition for Rochester Area Housing ; Community Development Department (Formerly Rochester-Olmsted Planning Department) ; County of Olmsted, MN ; DMC EDA ; Greater Minnesota Housing Fund (GMH) ; Homes for All ; Olmsted County Community Services ; Olmsted County HRA ; OpenBeam ; Rochester Area Foundation ; Three Rivers Community Action

Potential:

Strategies:

Greater Minnesota Housing Funds (GMHF) Facilitating "Housing Action Plan"

Coordinated with all local planning efforts

Establish housing production goals

Identify financing tools, policy tools, best practices

Consult with State, Federal & Local Government & Foundations

Plan for increased local development capacity

Innovative policies, strategies & Public/Private Partnerships

2021 Report

 

Indicators:

Homeless rates reduction and demographics profile improvement

Reduced area Annual Rental Production Trend (2006-2012) and Annual Needs Projections (2014 - 2020) Gaps

Market Rate Rental		Affordable Workforce Rental (General)		Market Rate Senior		Affordable Senior
Production	Demand	Production	Demand	Production	Demand	Production	Demand
117	167	20	246	16	251	8	126

 

1. Rental affordability improvements from current statistics of 58.2% of area renters cannot

afford the average market rent of $957 / Month. Majority of renters are rent burdened.

2. Improved affordable workforce rental general occupancy from 1.2% to xx% and affordable

senior rental housing from 0.8% to yy%.

 

501 on First Development ; Affordable or Mixed Income Housing Units Above Parking Ramp #6 ; Age-Friendly Olmsted County (AFOC) Plan ; Bryk Apartments ; Century Heights (CH) ; City of Rochester Home Ownership Creation Program ; Empowerment Center/Gage East Apartments ; Homes for our Neighbors ; Jeremiah Program (Campus for Single Mothers and their Children) ; Mayowood Apartments (MA) ; Planning To Succeed: Rochester 2040 Comprehensive Plan (P2S) ; SE Mn Together: A regional community growth initiative ; South-of-Downtown Waterfront Small Area Plan

February 15, 2025 : Housing Stats 5 Year Summary 2020 - 2025
Associated Project: Coalition for Rochester Area Housing
Impact Lvl1: Housing ; Metrics
Impact Lvl2:

---

May 17, 2024 : Minnesota Housing Profile Housing Statistics and Findings
Associated Project: Coalition for Rochester Area Housing
Impact Lvl1: Diversity and Inclusion ; Governance/Public Policy ; Housing ; Metrics
Impact Lvl2:

---

February 01, 2024 : Contract Opportunity for Homeownership Mentor Program
Associated Project: Coalition for Rochester Area Housing
Impact Lvl1: Diversity and Inclusion ; Housing ; Income
Impact Lvl2:

---

August 14, 2023 : Housing Alliance Coalition
Associated Project: Coalition for Rochester Area Housing
Impact Lvl1: Aging ; Commitment ; CMRC ; Diversity and Inclusion ; Funding ; Governance/Public Policy ; Housing ; OpenBeam
Impact Lvl2:

---

March 29, 2023 : Accessory Dwelling Unit Pilot Program Open for Applications
Associated Project: Coalition for Rochester Area Housing
Impact Lvl1: Aging ; Business Process ; Diversity and Inclusion ; Housing ; Neighborhood
Impact Lvl2:

---

January 19, 2023 : Housing Alliance Coalition BIPOC Co-designing
Associated Project: Coalition for Rochester Area Housing
Impact Lvl1: Aging ; Business Process ; Commitment ; Diversity and Inclusion ; Housing ; Neighborhood ; OpenBeam
Impact Lvl2:

---

August 10, 2022 : Housing Alliance Coalition Senior Housing Report
Associated Project: Coalition for Rochester Area Housing
Impact Lvl1: Aging ; Business Process ; Housing ; Neighborhood ; OpenBeam
Impact Lvl2:

---

May 02, 2022 : Olmsted County & Rochesster Joining House America
Associated Project: Coalition for Rochester Area Housing
Impact Lvl1: Aging ; Business Process ; Diversity and Inclusion ; Housing ; Neighborhood ; OpenBeam
Impact Lvl2:

---

December 02, 2021 : Multi-Year Plan and $15M Commitment
Associated Project: Coalition for Rochester Area Housing
Impact Lvl1: Aging ; Diversity and Inclusion ; Housing ; Neighborhood
Impact Lvl2:

---

March 06, 2021 : Housing Alliance Coalition
Associated Project: Coalition for Rochester Area Housing
Impact Lvl1: Aging ; Housing
Impact Lvl2:

---

December 03, 2020 : Maxfield Olmsted County Housing Study Findings
Associated Project: Coalition for Rochester Area Housing
Impact Lvl1: Aging ; Business Process ; Commitment ; Housing ; Neighborhood
Impact Lvl2:

---

February 04, 2020 : 2016-2020 Housing Framework Status
Associated Project: Coalition for Rochester Area Housing
Impact Lvl1: Aging ; Business Process ; Housing
Impact Lvl2:

---

November 23, 2019 : Minnesota Housing awards funding for two affordable housing projects in Rochester
Associated Project: Coalition for Rochester Area Housing
Impact Lvl1: Aging ; Business Process ; Housing
Impact Lvl2:

---

September 27, 2019 : 2019 DMCC Affordable Housing Work Plan Status
Associated Project: Coalition for Rochester Area Housing
Impact Lvl1: Aging ; Housing
Impact Lvl2:

---

February 15, 2019 : Councilman Michael Wojcik Comments to DMC pertaining to Affordable Housing
Associated Project: Coalition for Rochester Area Housing
Impact Lvl1: Aging ; Business Process ; Housing
Impact Lvl2:

---

December 09, 2018 : Collective Impact Model to enable Housing Coalition
Associated Project: Coalition for Rochester Area Housing
Impact Lvl1: Business Process ; Housing
Impact Lvl2:

---

August 21, 2018 : 2016-2020 Housing Framework
Associated Project: Coalition for Rochester Area Housing
Impact Lvl1: Aging ; Housing
Impact Lvl2:

---

January 31, 2018 : Olmsted County Housing Environmental Scan Phase I Reports
Associated Project: Coalition for Rochester Area Housing
Impact Lvl1: Aging ; Housing
Impact Lvl2:

---

December 24, 2017 : Coalition to advance housing framework
Associated Project: Coalition for Rochester Area Housing
Impact Lvl1: Aging ; Housing
Impact Lvl2: