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04-07-1997 WS
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04-07-1997 WS
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6/28/2018 2:18:22 PM
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MV City Council
City Council Document Type
City Council Packets
Date
4/7/1997
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Table 5 <br /> Rents on Apartment Complexes in Mounds View <br /> 411 <br /> Complex Effec. 1 Bed I 2 Bed I 3 Bed 4 Bed <br /> Timberland 0 410/420 490/500 0 0 <br /> Ridge <br /> Greenfield Apts 0 465/475 535/545 '0 0 <br /> Jackson Apts 0 365/385 415/425 0 0 <br /> Landmark 0 - 540/570 640/680 0 0 <br /> Estates <br /> Mounds View 0 380/400 . 420/440 0 0 <br /> Estates <br /> Pleasant Woods 0 375 475 0 0 <br /> The Sands 400 485/495 575 675 0 <br /> Scotland Green 0 460 560 0 I 0 <br /> Silverwood 0 445 1 510 0 10 <br /> Woodlawn Apts 0 430 530 0 I 0 <br /> III <br /> Brentwood 0 420 500 0 0 <br /> Terrace <br /> Silverview 0 430 500 0 0 <br /> Terrace <br /> WiIdwood 0 538 671 0 0 <br /> Manor <br /> 7664 Woodlawn 300 0 450 0 0 <br /> 7666 Woodlawn 0 399 1499 0 0 <br /> 4 vrrave R ent 150 441 511 0 0 <br /> Conclusions <br /> According to the Metropolitan Council statistics (See Table) , we are well within the range of <br /> providing affordable housing. The statistics above support the Metropolitan Council's findings. <br /> The majority of the rents of our larger complexes fall way below the fair market rents published <br /> by the Department of Housing and Urban Development. <br /> • • <br /> M <br /> 9 <br />
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