HRA Meeting Date: October 3, 2024
To: Members of the Housing and Redevelopment Authority
From: Melissa Hanson, Housing Coordinator
Title
2024 Housing Needs Assessment.
Body
Action Requested:
Maxfield Research and Consulting will be presenting an updated Housing Needs Assessment.
Summary Report:
The HRA’s mission is to be a partner in providing a sufficient supply of affordable, adequate, safe and sanitary dwellings in Northfield.
Our goal is to create a community with housing opportunities available along the entire housing spectrum: from renters to homeownership, first-time homeowners, to senior living, workforce housing and empty-nesters. We strive to create affordable housing opportunities and strengthen our neighborhoods utilizing:
• Sustainability
• Innovation
• Partnerships
• Community Input
In order to better understand Northfield’s housing needs, especially after a global pandemic that highlighted many inequities in existing support systems for low-income, and marginalized communities as well as supply chain issues, the HRA commissioned a Housing Needs Assessment with Maxfield Research and Consulting (Maxfield).
Maxfield is a real estate consulting company with over 32 years of experience. Their goal is to help developers and communities solve their real estate changes by providing detailed market information and studies to guide planning and development decisions.
Alternative Options:
N/A
Financial Impacts:
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Tentative Timelines:
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