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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 80%AM 1 60%AM I 50%AMI 30%AMI Tota I#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 /> Applicant 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(034/208 /2014) <br /> 4 <br />