Laserfiche WebLink
30% of units between 60 and 80% AMI = 5 points <br />30% of units at 60% and below AMI- 8 points <br />30% of units at 30% or less AMI= 10 points <br />Proposed affordable lots shall be deed restricted and scattered <br />throughout the development. <br />Long -Term Affordability- Rental Housing <br />Projects that demonstrate the ability to serve tenants for longest period <br />of time. (i.e. keeping rents affordable for extended period of time) <br />30 years or more= 10 points <br />15 -29 years = 8 points <br />10- 15 years = 3 points <br />Long -Term Affordability- Owner- occupied Housing <br />Projects that demonstrate the ability to serve tenants for longest period <br />of time. (i.e. keeping prices affordable for extended period of time) <br />5 years or more= 5 points <br />10 years or more= 10 points <br />Deed restriction will be required for homes constructed with <br />affordability limits in order to earn points. <br />Development of Senior Housing <br />Senior independent (owner or rental) = 5 points <br />Additional Points for Specialized Senior Housing <br />Assisted living units= 5 points <br />Memory care units on site= additional 5 points <br />Senior skilled nursing on site= additional 5 points <br />Mixed Income Development <br />Inclusion of market rate and affordable within a single project (single or <br />multiple buildings). All projects must have at least 50% of units at 80% <br />AMI or above (market rate). <br />30% of total units (SF or attached) at 60 -80% of AMI = 5 points <br />30% of total units (SF or attached) at 50% (or below) of AMI= 10 points <br />Redevelopment: <br />Rehabilitation of existing housing unit(s) for occupants below 80% of <br />AMI= 5 points. <br />Rehabilitation of existing housing unit(s) 30% of AMI = 7 points. <br />Infill redevelopment that results in removal of blighted residential <br />and /or commercial buildings /sites that result in new housing units: <br />Occupants must be at or below 80% AMI. Additional points will be given <br />for greater affordability levels: <br />50% of units at 60% AMI = 5 points <br />50% of the units at 50% AMI= 7 points <br />50% of the units at 30% AMI= 10 points <br />Proximity to Transit <br />Within quarter mile (.25) of Northstar Commuter Rail- Ramsey Station <br />Housin. Assistance Polic DRAF <br />is <br />Housing Assistance Policy Draft — Affordable (9/27/13) <br />5 <br />