June 26, 2025 Bloomington Planning Commission Meeting
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
Full Document Analysis
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)
Natalie NavarroPlannerPresented the 2024 Housing Report and demographic data.
Presented the 2024 Housing Report and demographic data.
Kenny NiemeyerHousing Development SpecialistExplained Area Median Income (AMI) calculations and development costs.
1 quote
Explained Area Median Income (AMI) calculations and development costs.
“Bloomington's median rent is now lower than a 60% AMI two-bed for the metropolitan area.”
Discussing the inversion point where market rate rent is near affordable housing thresholds.
Commissioner IssaCommissionerInquired about housing disparities and the macro-economic impact on affordability.
1 quote
Inquired about housing disparities and the macro-economic impact on affordability.
“Will we just continue to have these programs where we fund like down payment things... basically putting a band-aid on the broader issue?”
Questioning if current housing programs address the root causes of rising costs.
Commissioner CunninghamCommissionerRequested clarification on fee-in-lieu policies for market-rate housing developments.
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.