Agenda - Council - 09/30/1980 - Special

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III. COMPARISON OF CURRENT CRITERIA AND PROPOSED REVISIONS PRESENT CRITERIA - DELETE PROPOSED REVISION POI NTS ALLOWABLE 1 to 10 1 to 10 Points Allowable 1 to5 1 to5 EXISTING HOUSING Low- I nco me Municipalities ranked accord- ing to percent of total hous- ing in price range affordable by Iow-income persons. (Units renting for $119 or less, or valued at $12,500 or less, 1970 Censu~ The percent' of units thst are substandard is subtracted and the percent of mobile homes is added to arive at a total percentage.) Moderate-t ncome Municil~alities ranked accord- ing to percent of total hous- ing in price range affordable by moderate-income persons. (Units renting for $199 oc less, or valued at $19,999 or le~s, 1970 Census.) · gOUSING AFFORDABILITY AND DIVERSIFICATION LOw- and Moderate-Income ~omeownershiD Units - Municipalities are ranked according-to ..the percentage of their total homesteaded housing units-in 1980 which are affordable to low- and moderate-income persons based upon 1980 market value data compiled by the county. Low- and Moderate-Income Rental Units - Municipalities are ranked according to the percentage of their total rental housing in a price range affordable to low- and moderate- income persons based upon the most current available census data. The percentage of substandard rental units is subtracted to arrive at a total percentage. (For example - units renting for $149 or less, 1970 census.) EXPLANATION FOR THE CHANGE The proposed changes a~low ~se of more current data on low- and mod~ate-income affordable housing. In the absence of current, uniform rental ro~ information, censu~ data is the only uniform a~e~native. 1980 census rent data witl be used when it is available. The appropriate 1980 rental rate will a~o be applied.