Laserfiche WebLink
<br />Financing requirements allow a maximum rent of $574, for two bedroom units <br />and $655 for 3 bedroom townhomes. The maximum allowable income according to <br />family size is as follows: <br /> <br /> Estimated(l) <br /> 1991 1992 <br /> Maximum Maximum <br /> Family Allowable Allowable <br /> Unit Size Size Income Income <br />2 bedroom 2 $23,040 $24,580 <br />2 or 3 bedroom 3 $25,900 $27,635 <br />2 or 3 bedroom 4 $28,800 $30,730 <br />3 bedroom 5 $31,100 $33,184 <br />3 bedroom 6 $33,400 $35,638 <br /> <br />To help insure a stable Co-op, tenant selection guidelines for potential <br />residents will be set that allow residents to pay no more than 50' of their <br />income for housing. <br /> <br />Marketing will especially be directed to the local community. Advertising <br />will be done through use of a site sign and ads in local and special <br />interest newspapers. Local places of employment, churches and other public <br />areas in Roseville will be fliered and visited by the marketing agent. <br /> <br />(1) Based on the 6.7' raise in incomes in the Metro area 1990 to 1991. <br /> <br />CF/kao/COPYCR-2 <br />12/10/91 <br /> <br />-4- <br />