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Agenda - Council Work Session - 11/24/2009
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Agenda - Council Work Session - 11/24/2009
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Last modified
3/18/2025 4:23:53 PM
Creation date
11/19/2009 3:51:15 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council Work Session
Document Date
11/24/2009
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<br />DEMOGRAPHIC ANALYSIS <br /> <br />TABLED-2 <br />PROJECTED AGE DISTRIBUTION <br />RAMSEY MARKET AREA <br />2000-2014 <br /> <br /> <br />Sources: U.S. Census Bureau; Claritas, Inc; Maxfield Research Inc. <br /> <br />Household Income by Age of Householder <br /> <br />According to HUD guidelines, the segment of the population that would be income-qualified for <br />workforce housing includes those earning between 30% and 80% of the Twin Cities Metro Area <br />median family household income. Based on information supplied by Minnesota Housing Fi- <br />nance Agency, income-guidelines by household size are summarized below in Table D-3. As the <br />table shows, the core income-qualified range for affordable housing is from $17,600 for a single- <br />person household to $67,120 for a family of four. <br /> <br />MAXFIELD RESEARCH INC. <br /> <br />
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