June 26, 2025 Bloomington Planning Commission Meeting
Thursday, June 26, 2025
Annual Housing Report and HOA Study
Review of Bloomington demographics and housing affordability
Analysis of 2024 housing accomplishments
Impact of interest rates and construction costs on development
Discussion of housing disparities and cost burdens
Notable Quotes (2)
A two-bed that's affordable to a household earning 100% AMI for the 13 county metro that unit is no longer affordable to the Bloomington median income household.
If you don't have a home or any asset you're going to lack due to inflation. So I guess my question is long term, how does a city plan to address that issue?
People (4)
Presented the 2024 Housing Report and demographic data.
Explained Area Median Income (AMI) calculations and development costs.
Inquired about housing disparities and the macro-economic impact on affordability.
Requested clarification on fee-in-lieu policies for market-rate housing developments.
Places Mentioned
Events & Meetings (1)
- 2024 City Council/Planning Commission Study Session
Ordinances & Resolutions (1)
State legislation establishing an ombudsman within the Department of Commerce to resolve disputes between unit owners and HOAs.