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to the City Council. The sizes the Housing Subcommittee are proposing are 960 sq. ft. for Ramblers, 850 sq. ft. for Splits and 500 sq. ft. for Two-Story Houses and no garages and garages not required. Mr. Erickson made the slide presentation. He also showed pictures of homes built 10 years ago on 151st st. N.W. just off County Road #56. He explained there were smaller square footage requirements without garages and the people have added garages since that time. Also, included are shots of double bungalows in Coon Rapids in Creekwood Estates. He explained there are separate mortgages on each half of the doubles. He said they are contending that times being what they are, the prices for large square footage is prohibitive to many home buyers. Art Dunn asked what the 800 square footage would cost without the garage. Mr. Erickson said the 800 square footage without the garage would cost just over $50,000. Mr. West said that the 800 square footage with the. garage would cost about $10,000 more or close to $60,000. City Administrator Schnelle asked what the minimum salary range of buyers would be and what the down payment would be. Mr. West said that with GI, there would be no down payment and with FHA there would be a 5% or 10% down payment. Mr. Erickson said the monthly payments would be around $450 to $5D0/month, but for an 11 sq. ft. house with attached garage, the monthly payments would be $650 to $700/month. He said the salary range for payments of $500/month to qualify for FHA would be 3X or 4X that per momth or between $1500 to $2000/per month. For the large houses, this salary range would have to be about $3,000/month. He said this would give people a chance to get into a house sooner and we could generate building permit activity for the city. He said there is a growing acceptance by consumers of the double houses because it gives them a chance to get into a house. He said the doubles they are building in Coon Rapids are $123,000 and they have tuckunder garages. There is a savings by having two families on one lot and using only one well. Art Dunn asked if they could provide tuck-under garages as an option to no garages because he said he would not like to see no garages and that he believed the smaller houses will conserve energy, but he still can't see no garages. He asked what it would cost to put up a detached garage. Mr. West told him that the contractors price for putting up a detached garage would be $6,000 for a 24 x 24, but if a person put one up themselves it would cost $3,000. He said the difference in cost in largely labor~ material cost. Art Dunn asked if the building industry looked at the possibility of homeowners doing some of the work themselves to save on money. P & Z Regular Meeting Page 5 6/2/80