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Table B-4. Calculation of Adjustments to Band Shares <br />Band(A)(B)(C) <br />Share of Share of Difference of <br />existing existing community from <br />average <br />affordable affordable <br />12 <br />housing in bandhousing in band <br />(B – A) <br />for average <br />community <br />-2.1% <br />At or below 30% AMI12.4%10.3% <br />Golden <br />Valley <br />+6.2% <br />31% to 50% of AMI21.9%28.1% <br />-4.1% <br />51% to 80% of AMI65.7%61.6% <br />+1.8% <br />At or below 30% AMI8.5%10.3% <br />West St. <br />Paul <br />-6.3% <br />31% to 50% of AMI34.4%28.1% <br />+4.4% <br />51% to 80% of AMI57.1%61.6% <br />Step 2: Calculate the share of the total allocation going to each band, adjusting for the <br />differences calculated in Step 1. <br />To determine the share of each community’s allocation that should go to each band, we start <br />with the “equal share” factor from the regional Need (Column A in Table B-5), then add the <br />adjustment developed in Step 1. For example, 49.9% of the region’s total Need lies in the 0- <br />30% band; this is the starting point for all communities. In Golden Valley, where the share of <br />existing affordable units in this band is higher than average, the adjustment is -2.1%, which <br />yields an adjusted share of 47.8%. In West St. Paul, where the share of existing affordable units <br />in this band is higher than average, the adjustment is +1.8%, which yields an adjusted share of <br />51.7%. The final shares, in Column D, reflect benchmarking to attain the regional Need in each <br />band. <br />12 <br />Entries may not equal the difference between Columns A and B due to rounding. <br />Page - 26|METROPOLITAN COUNCIL <br /> <br />