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Ramsey 2040 Comprehensive Plan No Appendices (2)
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Ramsey 2040 Comprehensive Plan No Appendices (2)
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9/3/2025 9:15:37 AM
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111 <br /> <br /> <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 52: Subsidized Housing by Type <br />Housing Type Number of Units <br />Senior Housing 0 <br />Housing for People with Disabilities 0 <br />All other Publicly Subsidized Units 102 <br />Total Publicly Subsidized Housing Units 102 <br />Source: Metropolitan Council Existing Housing Assessment and HousingLink Streams Data, total 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: 2013 Most recent closing: 07/01/2013 <br />Total Units: 50 Earliest expiration: 07/01/2043 <br />Affordable Units: 49 Last Activity: New construction <br /> <br />Affordability by Bedroom MHFA: Housing Tax Credits 9% <br />2 BR: 22 Close Date: 07/01/2013 <br />3 BR: 27 Est. Expiration: 07/01/2043 <br /> <br />Affordability by AMI Property Identifiers <br />60%: 49 HousingLink 10893 <br /> MHFA D7574 <br /> HUDLIHTC MNA2013019
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