Laserfiche WebLink
City Council Presentation <br />March 13, 2017 <br />Bay Road Block <br />Preliminary Project Information <br />Residents <br />•Targeting households in the low income workforce <br />Huge need with estimated 7 low income workers for every affordable home <br />All units for households earning less than 60% of Area Median Income (for <br />a family of 4, that would be a maximum income of $73,800) <br />48 Units dedicated to households earning less than 50% of Area Median <br />Income (for a family of 4, that would be a maximum income of $61,500) <br />•Experience implementing live/work preferences <br />Amenities <br />•Community Room <br />•After School Programs <br />•Computer Lab <br />•Fitness Room <br />•Outdoor Courtyard <br />Affordable Housing Summary <br />Units Quantity Unit Mix NSF Pkg Ratio Pkg Count Rent Range (2016) <br />Studio 19 16%389 1 19 $1,026 -$1,231 <br />1 bed 65 54%581 1 65 $1,099 -$1,319 <br />2 bed 24 20%819 2 48 $1,319 -$1,582 <br />3 bed 12 10%1080 2 24 $1,524 -$1,828 <br />Total 120 1.3 156