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Agenda - Council Work Session - 02/24/2020
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Agenda - Council Work Session - 02/24/2020
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Last modified
3/17/2025 11:24:59 AM
Creation date
2/21/2020 1:07:00 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council Work Session
Document Date
02/24/2020
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HOUSING AFFORDABILITY <br />TABLE HA-2 <br />MAXIMUM RENT BASED ON HOUSEHOLD SIZE AND AREA MEDIAN INCOME <br />ANOKA COUNTY- 2019 <br />Maximum Rent Based on Household Size (@30% of Income) <br />HHD Size <br />30% 50% 60% 80% 100% <br />Unit Type' <br />Min Max <br />Min. Max. Min. Max. Min. Max. Min. Max. Min. Ma <br />Studio 1 1 $525 - $525 $875 - $875 $1,050 - $1,050 $1,400 - $1,400 $1,750 - $1,- <br />1BR 1 2 $525 - $600 $875 - $1,000 $1,050 - $1,200 $1,400 - $1,600 $1,750 - $2,( <br />2BR 2 4 $600 - $750 $1,000 - $1,250 $1,200 - $1,500 $1,600 - $2,000 $2,000 - $2,_ <br />3BR 3 6 $675 - $870 $1,125 - $1,450 $1,350 - $1,740 $1,800 - $2,320 $2,250 - $2,; <br />4BR 4 8 $750 - $990 $1,250 - $1,650 $1,500 - $1,980 $2,000 - $2,640 $2,500 - $3,. <br />1One-bedroom plus den and two -bedroom plus den units are classified as 1BR and 2BR units, respectively. To be classified as a bedroom, a den m <br />closet. <br />Note: 4-person Anoka County AMI is $100,000 (2019) <br />Sources: HUD, Novogradac, Maxfield Research and Consulting, LLC <br />MAXFIELD RESEARCH AND CONSULTING <br />
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