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104 <br />Publicly Subsidized Housing Units <br />Publicly subsidized housing units represent housing projects that receive funding to keep rents low. <br />Often, this type of funding subsidizes the mortgage, allowing the building owner to keep rents low, <br />and is not a direct subsidy to renters. These buildings have income restrictions and limits. As of <br />2016, the City of Ramsey only has general units, none specifically for seniors or people with <br />disabilities. The City of Ramsey has a goal of having lifecycle housing options and housing options <br />for all types of residents. In order to reach this goal, the City of Ramsey should support housing for <br />differently-abled types of residents, as well as senior residents with fixed incomes, who are not <br />currently served by public housing. <br />Table 6: <br />Senior Housing <br />1 Housing for People with Disabilities <br />1 All other Publicly Subsidized Units <br />1 Total Publicly Subsidized Housing Units <br />0 <br />0 <br />102 <br />102 <br />Source: Metropolitan Council Existing Housing Assessment and HousingLink Streams Data, total <br />housing units 8,896 <br />Information on Publicly Subsidized Buildings: <br />The Seasons <br />Funding: LIHTC 9% Tax Credit Funding Dates & Programs <br />7436-7600 147th Cir NW First known closing: 07/01/2013 <br />Year Built: <br />Total Units: <br />Affordable Units: <br />2013 <br />50 <br />49 <br />Affordability by Bedroom <br />2 BR: 22 <br />3 BR: 27 <br />Affordability by AMI <br />60%: 49 <br />city of RAMSEY <br />Most recent closing: <br />Earliest expiration: <br />Last Activity: <br />07/01/2013 <br />07/01/2043 <br />New construction <br />MHFA: Housing Tax Credits 9% <br />Close Date: <br />Est. Expiration: <br />Property Identifiers <br />HousingLink <br />MHFA <br />HUDLIHTC <br />August 2018 Draft <br />07/01/2013 <br />07/01/2043 <br />10893 <br />D7574 <br />MNA2013019 <br />Comprehensive Plan 2040 <br />