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Rochester MN Housing Statistics

 Data Courtesy of Jim Miner  (Click LINK for Area Major Initiatives)

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Rolling Monthly Closings

Average Sold Price

Medium Sold Price

 Please take this LINK to learn about Housing Disparities

 

Major Housing Initiatives
Key Housing Project

Coalition for Rochester Area Housing

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%.

 

Status Reports
February 15, 2025 : Housing Stats 5 Year Summary 2020 - 2025
Associated Project: Coalition for Rochester Area Housing
Impact Lvl1: Housing ; Metrics
Impact Lvl2:
5 Year Housing Demand vs Supply (Production)

Rochester, Olmsted County, and Township Production 

Avg Demand vs Avg Production Shortfall

February 06, 2025 : Any Path Home push against homelessness
Associated Project: Coalition for Rochester Area Housing
Impact Lvl1: Housing
Impact Lvl2: Financial Stress/Homelessness

Post Bulletin Reporting Abstract

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:

2023 Olmsted County Housing Profile

State of MN Profile and Findings

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:

Get paid while helping others achieve their homeownership goals!

Referencing BIPOC Homeownership Co-design Report

 

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

2. Future Starts at Home: Constitution Amendment For Housing

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

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

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:
(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

 

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

 

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

March 06, 2021 : Housing Alliance Coalition
Associated Project: Coalition for Rochester Area Housing
Impact Lvl1: Aging ; Housing
Impact Lvl2:
 Work Products: 2021 Housing Profile and Coalition Report 2020

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:

Maxfield Study Updates. 

Video Recording and Presentation Slides

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

2020-02-04 PB Reporting: Process improvement needed. 

 

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:

The two local projects selected are Century Heights, a 76-unit project from Rochester-based Joseph Development, and Mayowood Apartments, a 30-unit development from Center City Housing Corporation.

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

2019 Presentations : September DMCC, meeting, May DMCC meeting and Feb DMCC meeting.

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:

Here are 6 comments / Suggestions that that Councilman Wojcik sent do the DMC EDA and Board pertaining to how DMC can have a positive impact on the affordability of housing in the district and beyond.

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

11/13/2018 Housing Coalition meeting starting a series of conversations regarding the future and role of the housing alliance in our community.  To start these conversations, Elaine Case will be presenting on the Community Impact model.

 

 

August 21, 2018 : 2016-2020 Housing Framework
Associated Project: Coalition for Rochester Area Housing
Impact Lvl1: Aging ; Housing
Impact Lvl2:
Notes and presentation from  the July Housing Conversation hosted by Kim Norton.

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

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

Rochester Area Foundation announced the creation of the Coalition

July 31, 2017 : CNG housing message reframing workgroup
Associated Project: Coalition for Rochester Area Housing
Impact Lvl1: Best Practice ; Business Process ; Civic Engagement ; Housing ; Networking ; Vision/Identity
Impact Lvl2:
Per the June 22, 2017 CNG meeting, Dee Sabol and Sheila Kiscadan will be leading a workgroup to develop a housing advocay message in a format that follows The FrameWorks Institute guidance. Please contact them if you wish to participate in the workgroup.

May 04, 2017 : Mixed Income Housing Policy Study
Associated Project: Coalition for Rochester Area Housing
Impact Lvl1: Aging ; Housing
Impact Lvl2:

Grounded Solutions Network Report from Michael Wojcik's blog site. 

March 30, 2017 : 2016-2020 Housing Framework
Associated Project: Coalition for Rochester Area Housing
Impact Lvl1: Aging ; Housing
Impact Lvl2:
"The 2016-2020 Housing Framework presents the tools and information needed so that community leaders and stakeholders throughout Olmsted County can make informed choices about how to meet the housing needs of Olmsted County’s residents."

June 23, 2016 : June 2016 CNG Meeting Presentation by Steve Borchardt
Associated Project: Coalition for Rochester Area Housing
Impact Lvl1: Aging ; Housing
Impact Lvl2:

RAF's Steve Borchart presented this to CNG in June, 2016

March 23, 2016 : City shells out $1.5M for affordable housing
Associated Project: Coalition for Rochester Area Housing
Impact Lvl1: Diversity and Inclusion ; Housing
Impact Lvl2:

The city of Rochester on Monday backed two affordable housing projects — more than 200 total units — by providing $1.5 million in tax increment financing assistance to the developer.

 

City of Rochester

City of Rochester Home Ownership Creation Program

Available Description

It is the policy of the City of Rochester to promote and provide diverse and affordable housing options for residents. The City of Rochester Home Ownership Creation Program specifically addresses these goals by supporting the development of affordable housing.

Status Reports
December 14, 2024 : City Housing Support
Associated Project: City of Rochester Home Ownership Creation Program
Impact Lvl1: Diversity and Inclusion ; Governance/Public Policy ; Housing
Impact Lvl2:

Home Ownership Creation Program - Prairie Ridge: "NOW, THEREFORE, BE IT RESOLVED, by the Common Council of the City of Rochester, MN hereby approves the contribution of $4,000,000 to the Prairie Ridge development to support the creation of 201 for-sale homes via the Home Ownership Creation Program.

 PB Reporting regarding TIF $14M Requests (Sherman and Prairie Ridge) 2024-12-14 

July 11, 2024 : Norsq Cos Townhomes & Two state-supported Mayowood housing projects
Associated Project: City of Rochester Home Ownership Creation Program
Impact Lvl1: Aging ; Commitment ; CMRC ; Diversity and Inclusion ; Housing ; Neighborhood ; OpenBeam
Impact Lvl2:

PB Reporting Housing Projects

Proposed $68M 187-unit rental townhome project.

Olmsted County Trailside Apartments $13 million project 36-Unit Senior Apartments, Bear Creek Development and Three Rivers Community Action $22.7 million Restoration Glen, 48-Unit Apartment Complex,

 

April 22, 2024 : Mayowood Phase II for fee waivers
Associated Project: City of Rochester Home Ownership Creation Program
Impact Lvl1: Diversity and Inclusion ; Governance/Public Policy
Impact Lvl2:

Allocate $272,959.00 to Mayowood Phase II for fee waivers (frees funding for Home Ownership creation program)

2. Allocate $ 272,967 to revolving Abatement program for homeowners

March 07, 2024 : City of Rochester Housing Actions
Associated Project: City of Rochester Home Ownership Creation Program
Impact Lvl1: Aging ; Business Process ; Housing
Impact Lvl2:
Feb 26 City Council Study Session Housing Portion: Economic Development Incentives for Housing

Video Clip

Presentation Slides

January 17, 2019 : Affordable Housing Proposal (Obsolete)
Associated Project: City of Rochester Home Ownership Creation Program
Impact Lvl1: Housing
Impact Lvl2:
The City of Rochester is looking to have up to 10 floors of housing constructed on top of a brand new 650 unit parking ramp.

September 21, 2017 : City Council Discussing Affordable Housing
Associated Project: City of Rochester Home Ownership Creation Program
Impact Lvl1: Diversity and Inclusion ; Housing
Impact Lvl2: Governance/Public Policy
City Council's Committee at Large discussed Affordable Housing and Councilman Michael Wojcik's counter proposal. 

Olmsted County

Rochester-Olmsted County 4(d) Affordable Housing Incentive Program

Available Description

The Rochester-Olmsted County 4(d) Affordable Housing Incentive program is a voluntary program that helps rental property owners obtain property tax reductions while preserving affordable housing for income-qualified renters in our community. The current Rochester-Olmsted County 4(d) Affordable Housing Incentive Program application is for the Tax Assessment Year 2025 - Tax Payable Year 2026, the tax savings for this application will not be realized until the Tax Payable Year 2026.

Status Reports
December 11, 2024 : Rochester-Olmsted County 4(d) Affordable Housing Incentive Program
Associated Project: Rochester-Olmsted County 4(d) Affordable Housing Incentive Program
Impact Lvl1: Housing
Impact Lvl2:
The current Rochester-Olmsted County 4(d) Affordable Housing Incentive Program application is for the Tax Assessment Year 2025 - Tax Payable Year 2026, the tax savings for this application will not be realized until the Tax Payable Year 2026.