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City of Arden Hills – 2040 Comprehensive Plan <br /> <br /> <br />Approved:, 2018 <br />7-13 <br />households with incomes greater than affordability bands are occupying the <br />affordable housing units. In summary, Arden Hills’ existing housing stock is <br />adequate to address the needs of households within the affordable income <br />bands. <br />TABLE 7.7 - 2015 AFFORDABLE HOUSING UNITS AND COST BURDENED HOUSEHOLDS <br />Affordability Housing Units Cost Burdened <br />Households3 Owner Occupied1 Rental Total2 <br />30% AMI and Below 21 297 318 242 <br />30% to 50% AMI 252 132 384 150 <br />50% to 80% AMI 480 310 790 201 <br />AMI = Area Median Income <br />Source 1: Ramsey County 2015 <br />Source 2: Metropolitan Council 2015 Housing Stock Estimates <br />Source 3: U.S. Department of Housing and Urban Development 2009-2013 Comprehensive Housing Affordability <br />Strategy <br /> <br />TABLE 7.8 – 2015 AFFORDABLE INCOME LIMITS <br />Affordability Income Limits <br />30% AMI and Below $26,000 <br />30% to 50% AMI $43,300 <br />50% to 80% AMI $65,800 <br /> <br />Source: Metropolitan Council <br /> <br />TABLE 7.9 – 2015 HOUSEHOLD INCOME <br />Income Range Households <br />$24,999 and Below 289 <br />$25,000 - $44,999 381 <br />$45,000 - $74,999 714 <br />$75,00 and Above 1,640 <br /> <br />Source: U.S. Census Bureau <br /> <br /> <br /> <br />Dr <br />a <br />f <br />t <br /> <br />03 <br />/ <br />0 <br />7 <br />/ <br />2 <br />0 <br />1 <br />8