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CONCLUSIONS AND RECOMMENDATIONS <br />■ <br />r <br />MY 01F ROSEVILLE <br />2CJ9 to 2020 <br />Purchase Price/ No. of <br />Monthly Rent Range' nits <br />Pet. of <br />Tea <br />Development <br />Timing <br />n <br />, <br />er', <br />Singje- Family etached T'ownhomes' <br />move -up $350,000 -$5010.0001 25 - 30 <br />63% <br />2010+ <br />Executive 500,0100+ 15,- 20 <br />%0 <br />2011 <br />Total 40- 50 <br />100 %Q <br />Multifamily Townhomes/Twin Homes3 <br />Entry-level $2001,0001- $275,00101 60- 70 <br />0 % <br />2012- <br />Upper-end $3001,000+1 40 - 50 <br />0 %a <br />2012+ <br />Total 1110 - 120, <br />10O% <br />cupmergeliw <br />Market Rate Dental lousing $775 - $127510 80- 100 <br />50 % <br />2009+ <br />.fordable Rental' Moderate-income 810- 1010, <br />50�'r�o <br />2009+ <br />Total 160- 200 <br />100 % <br />Is <br />Active adult affordable rental *� Moderate-income, 510 -,60 <br />21 % <br />200'x+ <br />"cave adult market rate rental � $875 - 1 „700 60 - 0 <br />26% <br />2012+ <br />Active adult O yer Market (coop /condo) 60, -70 <br />26 %� <br />2013+ <br />Assisted Living $2,6010 - $3,90110 40 - 5�0 <br />17 %� <br />2013+ <br />Memory Care $31,500 - 1,500 24 - 36 <br />1x0/0 <br />2013+ <br />Total 234- 296 <br />1001% <br />lternuative Development Concept' ' <br />Active, adult, rental - mUed Mcome, Mix qfMR & affordable 80 - 90 <br />34% <br />2009+ <br />Pricing in 20009 dollars. Pricing can be adjusted tai account for inflation. <br />2 Replacement need only. Development of'single- family or detached to nhonics will hinge on land availi ilty. Due to osevill+e's <br />location, there is pent-up, demand that exceeds the replacement need. <br />3 Additional deed (65 - 85 units), can he fidifilled between 2,015 and 2020. , Wa do not recommend a condominium component until <br />015 or later. <br />Roseville could potentially support muuitiple affordable products, o 20201. Hover. we recommend <br />phasing affordable housing <br />development over the next decade. <br />Memory care housing could be a component of a assisted-living or service-intensive congregate wilding <br />It <br />Alternative development concept is to combine active adult arable and active adult market rate into one mixed -income community. <br />INote: Roseville may not be able to accommodate all recommended housing types based can land availibility and development <br />contraints. Recommended development does not dlr'ectly coincide with total demand. <br />Source: Maxfield Research Inc. <br />MAXFIELD RESEARCH INC. <br />