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Res. #06-005 - Sponsor CDBG App.
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Res. #06-005 - Sponsor CDBG App.
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1/14/2011 2:38:43 PM
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1/12/2006 3:24:57 PM
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<br />- LOW AND MODERATER INCOME <br />SUBSTANTIATION EXHIBIT - <br /> <br />The project is located in Scan/US MicroGrid 904.4. Scan/US statistics indicate <br />that the median household income of this area is $69,561. HUD low and <br />moderate income (LMI) statistics for the Minneapolis/St. Paul MSA, which <br />includes Centerville, indicate that threshold for low and moderate income is <br />$76,400. The project area median household income is $69,561 which is lower <br />than the HUD LMI level of $76,400 indicating that the project area is a low and <br />moderate income area. <br /> <br />l_ _ _ <br />
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