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Tract 2925 Proposal Compared to Table 3.9 in the
<br /> Mountain House Affordable Housing Study
<br /> Summary of Households Requiring Assistance
<br /> Tract 2925
<br /> Household Income
<br /> -- -- --- -- Percent of
<br /> Average Percent of Required Total Proposed Tentative Map
<br /> Annual Affordable Affordable Households Housing Second Households Housing in Households
<br /> Household Percent Income Monthly Home at Income (Including 5% Units for Requiring Tentative at Income
<br /> Income of AMI Cateor /1 Rent Price Level Vacanc /2 Lease/3 Assistance Map/4 Level
<br /> Very Low and Low Income Hot s_oholds that Require A_ssislanco
<br /> $13,500 31.7",16 VL $280 $41,000 0.5% 77 77
<br /> $17,500 41.1% VL $380 $53,000 1.5% 231 130 101 `32- 2.1%
<br /> $22,500 52.8"/, L $500 $67,000 2.5% 387 130 257 192 •, 12.G%
<br /> %
<br /> $27,500 64.6L $690 $83,000 3.5% 540 540 160' 10.5%,
<br /> Low.Moderato,and Above Moderate Income Households that do noil Requlre Assistance
<br /> $32,500 76.3% L $810 $103,000 5.5% 848 160' 10:5%,
<br /> $37,500 88.0% M $940 $119,000 7.5% 1,157
<br /> $42,500 99.8% M $1,060 °
<br /> $134,000 9. /051,465
<br /> $47,500 111.5% M $1,190 $158,000 12.5% 1,928 :.' 116;, ,;.'1;7.6%'
<br /> $52,500 123.2% AM $1,310 $175,000 15.5% 2,391 ,195 s ' +12,8%'i.
<br /> $57,500 135.0% AM $1,440 $192,000 12.5% 1,928 228-; °•` 15.0°/u`. '
<br /> $67,500 158.5% AM $1,690 $224,000 9.5% 1,465 230.' •.•::. r 15.1%. •:,;.
<br /> $87,500 205.4% AM $2,190 $300,000 7.5% 1,157 210.1'.':'. 13 BOX
<br /> $112.,500 264.1% AM $2,810 $425,000 5.5% 848
<br /> $137,500 322.8% AM $3,440 $425,000 4.0% 617
<br /> X175,000 410.8% AM $ 380 $425 000 2.5% 387
<br /> -- -- 100.0% 15,426 260 975 1,522 100.0%
<br /> /1 Very low Income(VL)=50%of Area Median Income(AMI);low Income(L)=51%-80%of AMI;
<br /> moderate Income(M)=81%-120%of AMI;above moderate income(AM)>120%of AMI.
<br /> /2 Requirod housing is the number of housing units necessary to meet the needs of employees who fill permanent
<br /> positions in Mountain House. A total of 21,157 full-lime equivalent jobs are expected to be created In the
<br /> community. Factors of 1.44 employed persons per household and 5%vacancy are Included in the calculation
<br /> of required housing,as follows:21,157/1.44 x 1.05=15,426.
<br /> /3 260 Second Unit Dwellings,which represent 33%of the total 702 planned Second Unit Dwellings,are assumed
<br /> to he rented to lower Income households for rents of approximately$400 to$500 per month.
<br /> /4 It Is assumed that 6.5%of low and medium density units are set aside as Second Unit Dwellings.
<br /> Source:Mountain House Master Plan;HUD;David Taussig&Associates
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