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RECOMMENDATIONS AND CONCLUSIONS <br />Introduction/Overall Housing Recommendations <br />This section summarizes demand calculated for specific housing products in Ramsey and recom- <br />mends development concepts to meet the housing needs forecast for the City. All recommen- <br />dations are based on findings of the Comprehensive Housing Market Study. The following table <br />and charts illustrate calculated demand by product type. It is important to recognize that hous- <br />ing demand is highly contingent on projected household growth and land availability; house- <br />hold growth could be higher if additional acreage was available for housing development/rede- <br />velopment. <br />TABLE CR-1 <br />SUMMARY OF HOUSING DEMAND <br />CITY OF RAMSEY <br />2019 to 2030 <br />Type of Use <br />2019 - 2030 <br />General -Occupancy <br />Rental Units - Market Rate 440 <br />Rental Units - Affordable 83 <br />Rental Units - Subsidized 28 <br />For -Sale Units - Single-family 1,104 <br />For -Sale Units - Multifamily 373 <br />Total General Occupancy Supportable 2,027 <br />2019 <br />2024 <br />Age -Restricted (Senior) <br />Market Rate <br />Adult Few Services (Active Adult) 176 75 <br />Ownership 56 72 <br />Rental 120 3 <br />Congregate 74 109 <br />Assisted Living 0 27 <br />Memory Care 23 49 <br />Total Market Rate Senior Supportable <br />273 260 <br />Affordable/Subsidized <br />Active Adult - Subsidized 16 22 <br />Active Adult - Affordable 48 65 <br />Total Affordable Senior Supportable <br />65 87 <br />Note: Demand subtracts projects under construction or planned <br />Source: Maxfield Research & Consulting, LLC <br />MAXFIELD RESEARCH AND CONSULTING 140 <br />