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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 />L� <br />5E SEC: A AC -H Med.-1 <br />� ^ ���� <br />^ �0�����^~����^s <br />Nurnber of <br />MimiInJonThrecill(Jci P -/D EE Perc <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 rneet the implementation strategies. <br />Market Rate <br />80% AMI <br />60% AMI <br />� <br />50% AM|3��| <br />T�#� <br />Units <br />#qfUnits <br />I "2,2- <br />MimiInJonThrecill(Jci P -/D EE Perc <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 rneet 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 opportunitiies should <br />include a mixture of rental and owner -occupied to provide IifecycIe <br />housing choices meeting ofull spectrum ofdemographics. [On a separate <br />sheet ptease describe how your project will use one of the foliowing <br />implemeritation strategies to achieve this goal. Word limit =50Owords] <br />1) Work toward developing vanous senior housing optrons ncluding <br />iridependent tiving, cooperatives, and assisted living facilities, both <br />market rate and affordable. <br />2) Focus on providing choices for ernpty-nesters, induding aging in <br />place and downsizing, to ailow 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 parentshomes by supporting the <br />developmerit of quality rentai housing. <br />Housing Assistance Policy Final Draft — Affordable (03/20/2014) <br />4 <br />