PRESENTATION
Affordability details for Site B: Mixed-income housing
0:44:13
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29 sec
Jack Heaney presents the affordability structure for Site B, which will offer mixed-income housing through the Neighborhood Construction Program (NCP). The site aims to provide a range of affordable options for various income levels.
- 15% of units set aside for formerly homeless individuals
- Majority of units set at 50% AMI
- Remaining units set at approximately 80% AMI
- Mix of studio, one-, two-, and three-bedroom units to accommodate larger families
Jack Heaney
0:44:13
Development side B, which is the Thomas White Foundation's home.
0:44:16
This will be developed for the NCP program.
0:44:19
So this will be a multifamily mixed income project.
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15% of the units will be set aside for formally homeless individuals.
0:44:26
The bulk of the units will be set at 50% of AMI, and the remaining will be at approximately 80% AMI.
0:44:33
This will be a mix of studios, ones, twos, and 3 bedrooms to accommodate larger families in the neighborhood.
0:44:41
Next slide, please.