2008_0922_packet - Laserfiche WebLink

Home

F.Iffir-WITITIM, F.111 c. During the inspection it was noted that some of the lower level windows appear deteriorated. It is recommended that any windows showing evidence of rot or malfunctioning be replaced at the time of siding replacement as later replacement would be more expensive (after new siding is installed). It would be necessary to inspect windows more thoroughly (and also from the interior) in- order to determine which windows if any, require replacement versus repair/paint. d. While the decking J* oists and beams appear sound, it was not possible to inspect the decking materials. These should be inspected for potential deterioration. e. It is recommended that a 10%, contingency be budgeted for potential repair of wall elements found to be deteriorated (often more extensive repairs are discovered once work begins). 4.2 Are the owners able to finance the improvements — Is there an income need? While the state statue for use of HIA does not specifically note that income data needs to be collected and an income level determined, based upon section 468A. 13, sub. 1, "the or► inan ce m us t in clu de fin dings tha t wi th o u t th e h o using impro vem en t area, th e proposed improvements could not be made by the condominium associations or housing unit owners, and the designation is needed to maintain and preserve the housing units within the housing improvement area, " Therefore, a self certification of income was prepared and mailed to all of the unit owners within Westwood Village 1. The results of the survey are as follows: a. 33 of the 47 units returned completed surveys or a 70% return rate. b. Of those 3 3 units, 61 %, have incomes at or below 12 0%, of the average median income for the metropolitan area as summarized below. The HRA has set 120% as an affordable workforce housing limit within other programs such as the Family Affordable Loan Program, Housing Redesign Program and Applewood Pointe Project. Income Level Below 50% AMT Between 51% - 60% AMI Between 61% - 80% AMI Between 8 1 % - 100% AMI Between 10 1% - 120% AMI % of total affordable units 5% 10% 35% 30% 20% c. According to funding requirements of other public entities for multi-family prod ects such as (HUD, MHFA, Met Council and Ramsey County), 51 %, of the units must be deemed affordable to be eligible for public assistance. This project meets and exceeds that definition based upon Roseville's affordable housing limits. HIA Public Hearing (12-18-06) - Page 5 of 8