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Planning Case MU2017-001 <br />August 16, 2017 <br />Page 5 <br /> <br />$784 one-bedroom <br />$942 two-bedroom <br />$1,115 three-bedroom <br /> <br />Q13: How many rental properties are in Mounds View? <br />A13: There are 5,280 housing units in Mounds View (2016). According to the City’s <br />rental licensing records, there are 1,511 multi-family rental units and 240 single- <br />family rental units (2017). <br /> <br />The table below is a comparison of Mounds View and neighboring cities, and <br />cities of a similar population (10,000 – 20,000) and location (urban, suburban). <br /> <br /> <br />City Population Est <br />(2016) <br />Homeownership <br />(2015) <br />Number of <br />Multi-Family <br />units (5+ <br />units) (2016) <br />Median Gross <br />Rent (all housing <br />types) (2015) <br />Anoka 17,995 51.9% 2,793 $856 <br />Arden Hills 9,966 84.9% 424 $1,345 <br />Blaine 64,188 90.5% 2,071 $1,047 <br />Fridley 28,631 61.6% 3,426 $883 <br />Hopkins 19,000 34.6% 5,044 $926 <br />Little Canada 10,101 61.5% 2,083 $854 <br />Mendota Heights 11,283 87.4% 643 $1,105 <br />Mounds View 13,161 69.7% 1,435 $789 <br />New Brighton 22,618 61.5% 3,357 $851 <br />North St. Paul 12,069 66.8% 1,103 $755 <br />Robbinsdale 14,704 66.3% 1,342 $945 <br />Roseville 35,836 64.1% 5,841 $900 <br />Shoreview 26,366 81.6% 1,761 $1,137 <br />Spring Lake Park 6,406 74.6% 528 $884 <br />Vadnais Heights 12,910 81.9% 991 $986 <br />Source: Metropolitan Council Community Profiles <br /> <br /> <br />Workforce Housing <br />The proposed apartments will include 60-units of affordable workforce housing. <br />Residents will have an income restriction of 60% of the Area Median Income4 (AMI), <br />based on household size. <br /> <br /> <br /> <br /> <br /> <br />4 Minnesota Housing Finance Agency, Housing Tax Credits & Tax Exempt Bond Income and Rent Limits, Table I, p. <br />31 [Ramsey County, effective 03-28-2016].