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Agenda - Economic Development Authority - 06/04/2015
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Agenda - Economic Development Authority - 06/04/2015
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3/18/2025 12:55:52 PM
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8/19/2015 8:21:20 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Economic Development Authority
Document Date
06/04/2015
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Project Brief <br />Please briefly describe your project. This section will be used as general background on the project, and <br />is not intended to be a full analysis of the project. This project description will be used for short <br />marketing pieces if assistance is approved. <br />Project Details <br />Number of Units <br />Market Rate <br />80% AMI <br />60% AMI <br />50% AMI <br />30% AMI <br />Total # of <br />Units <br /># of Units <br />Minimum Threshold: <br />All applicants must meet one of the following minimum thresholds listed below. These are goals and <br />implementation strategies from the City's Master Housing Plan, adopted as part of the City's 2009 <br />Comprehensive Plan update. Check which threshold best matches your project and describe how your <br />project will meet the implementation strategies. <br />Housing Assistance Policy Final Draft—Affordable (03/20/2014) <br />4 <br />Applicant <br />City <br />Goal 1: Provide a variety of housing options for people at all life stages and <br />income levels to encourage existing residents, and attract new residents, <br />to stay in Ramsey throughout their lives. Housing opportunities should <br />include a mixture of rental and owner -occupied to provide life -cycle <br />housing choices meeting a full spectrum of demographics. [On a separate <br />sheet please describe how your project will use one of the following <br />implementation strategies to achieve this goal. Word limit = 500 words] <br />1) Work toward developing various senior housing options including <br />independent living, cooperatives, and assisted living facilities, both <br />market rate and affordable. <br />2) Focus on providing choices for empty -nesters, including aging in <br />place and downsizing, to allow the majority of current residents to <br />stay in Ramsey. <br />3) Provide opportunities for young adults to continue to live in <br />Ramsey after leaving their parents' homes by supporting the <br />development of quality rental housing. <br />Housing Assistance Policy Final Draft—Affordable (03/20/2014) <br />4 <br />
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