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Agenda Packets - 2018/03/12
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Agenda Packets - 2018/03/12
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Last modified
1/28/2025 4:46:55 PM
Creation date
6/13/2018 11:21:02 AM
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MV Commission Documents
Commission Name
City Council
Commission Doc Type
Agenda Packets
MEETINGDATE
3/12/2018
Supplemental fields
City Council Document Type
City Council Packets
Date
3/12/2018
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Appendix E <br />Housing Qualifications for the District <br />INCOME RESTRICTIONS - ADJUSTED FOR FAMILY SIZE <br />(HOUSING DISTRICT) - RAMSEY COUNTY <br />RAMSEY COUNTY MEDIAN INCOME: $90,400 <br />No. of Persons <br />50% of Median Income <br />60% of Median <br />Income <br />1 -person <br />$31,650 <br />$37,980 <br />2 -person <br />$36,200 <br />$43,440 <br />3 -person <br />$40,700 <br />$48,840 <br />4 -person <br />$45,200 <br />$54,240 <br />Source: Department of Housing and Urban Development and Minnesota <br />Housing Finance Agency <br />The two options for income limits on a standard housing district are 20% of the units at 50% of median <br />income or 40% of the units at 60% of median income. There are no rent restrictions for a housing district. <br />***PLEASE NOTE: THESE NUMBERS ARE ADJUSTED ANNUALLY. ALL INCOME FIGURES <br />REPORTED ON THIS PAGE ARE FOR 2017. <br />Appendix E-1 <br />
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