2006_1218_Packet - Laserfiche WebLink

Home

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 replacementversus repair/painfi. d. While the decking joists 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 H�A does not specifically note that income data needs to be collected and an income level determined, based upon section 468A.13, sub.1, "the o�dinance inust include findings that without the housing iinp�oveinent a�ea, the p�oposed iinp�oveinents could not be inade by the condoininiuin associations o� housing unit owne�s, and the designation is needed to inaintain and' p�eser-ve the housing units within the housing iinp�oveinent a�ea. " Therefore, a self certification of income was prepared and mailed to all of the unit owners within Westwooc� Village I. 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 33 units, 61 % have incomes at or below 120% 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. % of total Income Level affordableunits Below 50% AMI 5% Between 51 °/a - 60°/a Al'vTI 10°/a Between 61 °/a - 80°/a AMI 35°/a Between 81 °/a - 100°/a AMI 30°/a Between 101 °/a � 120°/a AM� 20°/a According to funding requirements of other public entities for multi-family projects 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