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CC WORKSESSION PACKET 06012020
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CC WORKSESSION PACKET 06012020
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5/27/2020 4:28:50 PM
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St. Anthony 2040 Comprehensive Plan Chapter 5: Housing <br />51 <br /> <br /> OWNER AFFORDABILITY <br />FIGURE 5-6 shows the market value of owner-occupied housing units in St. <br />Anthony. Owner occupied housing units valued at $243,500 or less are <br />deemed affordable for residents making less than 80% of the Area Median <br />Income. St. Anthony has a surprisingly large percentage of affordable <br />owner housing due to the existence of affordably priced condo units. In <br />2016, 42% of the owner-occupied units in St. Anthony, or 930 units of 2,218 <br />owner-occupied units were affordable (or less than $243,500 in market <br />value). <br />FIGURE 5-6: OWNER-OCCUPIED HOUSING ESTIMATED MARKET VALUE <br />
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