Housing Taskforce

Continuous renewal is essential to vital communities. Edina is a community with a variety of people across age and economic spectrums – young families, seniors, teachers, professionals, life-long residents and newcomers. Because of housing costs, it is likely that this diversity will diminish.

With average home sale prices increasing by $185,000 from about $215,000 to over $400,000 between 1997 and 2004, living in Edina is becoming unaffordable for many.

Of the more than 21,000 households in Edina, more than 9,000 have incomes of less than $50,000 per year; nearly 5,000 have incomes of $25,000 or less. Of these 9,000 households, approximately 7,200 pay 30 percent or more of their income for housing, a standard measure of affordability. Lower and moderate income workers in Edina are often priced out of its housing market. As housing values outpace the incomes of those who have helped create higher property values, such as teachers, police officers, firefighters, retail and service workers, hospital staff, office workers and nurses, it becomes difficult for Edina to be their home.

The Edina Affordable Housing Taskforce, a committee of Edina’s Human Rights & Relations Commission, has developed some recommendations around affordable, lifecycle housing in Edina. Over the course of the past few months, the taskforce has shared the recommendations with the community, received feedback and modified the recommendations. Based on that feedback, the community’s plan for affordable housing will be presented this fall to the Edina City Council. Download the report.

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Report	Download the final report.

Contact the taskforce to set up an informal presentation to your workforce or organization! Call 952-826-0403 or send an e-mail to edinamail@ci.edina.mn.us.