Elk River will do a housing study

A housing study will be done in Elk River.

The Elk River Housing and Redevelopment Authority (HRA) agreed Monday to hire Maxfield Research to do the study. The cost will be $15,000. Two other firms submitted quotes of $18,900 and $25,000.

The last housing study was done in 2003.

“The anticipated outcome of the study is to determine availability of different segments of housing in Elk River and to plan for the future of the housing market in Elk River,” according to Clay Wilfahrt, Elk River’s assistant director of economic development.