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flipped because the original measures gointhe desired direction (communitieowith <br />higher -than -average job/worker balance ratios have their allocations adjusted upwards). <br />Note that both communities are farther from the average community with respect to existing <br />affordable housing than job/worker balance (the Z-scores are farther from 0), and the <br />weighting further increases the influence that housing has on the allocation. <br />Table B-2:Calculation ofAdjustment Factors <br />Jobs <br />Chanhassen <br />Maplewood <br />Chanhassen <br />Maplewood <br />Original Average <br />Measure Community <br />Measure <br />Converted to <br />+1.28 <br />-0.68 <br />-0.*n <br />resealed <br />+0.38 <br />+n.n <br />/(E). <br />� Weight <br />While this method of creating adjustment factors is more oOrnp|io8ted than Sirnpk/ relying <br />on the raw rneaoureo, it produces adjustment factors that more accurately reflect the policy <br />intent of the 2040 Housing Policy Plan. <br />Finally, we multiply the pre -adjusted allocation by the adjustment factors to calculate the <br />numerical adjustments for job/worker balance and existing housing stock. Summing the <br />pre -adjusted allocation and the numerical adjustments yields the adjusted allocation. <br />Table B-3 carries out this math for Chanhassen and W18p|evvOOd. <br />Table 3-3:Implementing Adjustments for Overall Allocation <br />cmmxauuen <br />Maplewood <br />'(0) ' <br />(A) Adjustment <br />Pre -Adjusted| Factor for� <br />Allocation Housing' <br />' <br />� <br />Adjustment <br />Factor for <br />Jobs <br />Allocation for Change In <br />Housing Allocation I* - <br />'(Ax 8) Jobs OA x C&� <br />'���'�' ,/ (a)Adilusted Final <br />� <br />Allocation <br />& <br />Allocation 11 <br />(A + D +'E) L'(F x 99.2%)^ <br />630 +26m +um <br />+1m +22 <br />+m ~30 <br />mo 806 <br />514 510 <br />Part 3:Break Down Communities' Total Allocations into "Bands of Affordability" <br />Low-income households have a wide variety of needs and preferences for the types <br />and locations of their housing. To provide nuance and flexibility for local planning for <br />homeownership and rental housing across a range of incomes and housing types, the <br />Council ioallocating Need within three bands ofaffordability: <br />* Need for housing units affordable to households with incomes at or below 30% of AMI <br />(49.996 of the regional Need); <br />p Need for housing units affordable to households with incomes between 31 % and 50% of <br />AW1|(24.996ofthe regional Need);and <br />* Need for housing units affordable to households with incomes between 51 % and 80% of <br />AW1| (25.296 of the regional Need). <br />HOUSING POLICY PLAN <br />Appendices <br />