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Housing Stats

Housing Statistics

 Data Courtesy of Jim Miner 

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Rolling Monthly Closings

Average Sold Price

Medium Sold Price

Key Housing Project

Housing Alliance Coalition

Available Description

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.”

Strategies (How)

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

Results (Work Products)

2021 Report

 

Indicators (How do we know we are achieving the results?)

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 SeniorAffordable 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%.

 

March 07, 2024 Coalition for Rochester Area Housing: City of Rochester Housing Actions

 

Feb 26 City Council Study Session Housing Portion: Economic Development Incentives for Housing

Video Clip

Presentation Slides

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February 01, 2024 Coalition for Rochester Area Housing: Contract Opportunity for Homeownership Mentor Program

Get paid while helping others achieve their homeownership goals!

Referencing BIPOC Homeownership Co-design Report

 

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August 14, 2023 Coalition for Rochester Area Housing: Housing Alliance Coalition

1. Housing Coalition Report: 2023 Legislative Housing Policy & Funding Update.

2. Future Starts at Home: Constitution Amendment For Housing

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March 29, 2023 Coalition for Rochester Area Housing: Accessory Dwelling Unit Pilot Program Open for Applications

The Accessory Dwelling Unit (ADU) Pilot Program supports and encourages property owners in the city of Rochester to develop ADUs on their properties.

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January 19, 2023 Coalition for Rochester Area Housing: Housing Alliance Coalition BIPOC Co-designing

Housing Alliance Coalition BIPOC Homeownership Co-designing Co-designing report

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August 10, 2022 Coalition for Rochester Area Housing: Housing Alliance Coalition Senior Housing Report

(A) Aug 2022 status: Request for Proposals for Senior Housing Development;  (B) Dec, 2021 status: (1) Senior Housing Community Co-Design Project Report;  (2) Project Background: Describing Senior Housing Project and Recruiting Co-Designing Team Members

 

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May 02, 2022 Coalition for Rochester Area Housing: Olmsted County & Rochesster Joining House America

 Olmsted County and the City of Rochester commit to federal housing solutions effort, House America

 

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December 02, 2021 Coalition for Rochester Area Housing: Multi-Year Plan and $15M Commitment

Mayo Clinic announced an additional $5 Million contribution to affordable housing bridge. 

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March 06, 2021 Coalition for Rochester Area Housing: Housing Alliance Coalition

   Work Products: 2021 Housing Profile and Coalition Report 2020

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Misc Housing

Housing Related Projects
33 Housing Related Project(s) registered shown in alphabetical order

Housing Related Organizations
47 Organizations(s) registered, shown in alphabetical order

Housing Related Status