11 ATTACHMENTS 08-11 - Laserfiche WebLink

Page 6 I then created a worksheet to analyze each of the 4 Alternatives in terms of their impact on the need for affordable housing. Here is an example worksheet I created for Alternative 1: Worksheet Alternative 1 Commercial Development Retail: 91,000 sq.ft. = 178 jobs @ 510 sq.ft.per employee/1.6 employees per d.u.=111 workforce housing units Retail Jobs AMI income bands: 11%of 178 @ 0-30%AMI=20 jobs/1.6=a need for 13 ELI housing units 17%of 178 @ 31-50%AMI=30 jobs/1.6=a need for 19 VLI housing units 24%of 178 @ 51-80%AMI=43 jobs/1.6=a need for 27 LI housing units Office: 442,000sq.ft. = 1473 jobs @ 300 sq.ft.per employee/1.6 employees per d.u.=921 workforce housing units Retail Jobs AMI income bands: 5%of 1473 @ 0-30%AMI=73 jobs/1.6=a need for 46 ELI housing units 9%of 1473 @ 31-50%AMI=133 jobs/1.6=a need for 83 VU housing units 16%of 1473 @ 51-80%AMI=236 jobs/1.6=a need for 148 LI housing units Residential Development Single Family Residential 500 units x.493467299 jobs generated per unit=246.7336495 jobs/1.6 employees per d.u:154 workforce housing units. 9%of 246.733...@ 0-30%AMI=22 jobs/1.6 employees per d.u.=a need for 14 ELI housing units 14%of 246.733...@ 31-50%AMI=35 jobs/1.6 employees per d.u. =a need for 22 VLI housing units 21%of 246.733...@ 51-80%AMI=52 jobs/1.6 employees per d.u.=a need for 32 LI housing units Multi-Family Residential Condo 195 units x.440354 jobs generated per unit=85.86903 jobs/1.6 employees per d.u.=54 workforce housing units 9%of 85.869...@ 0-30%AMI=8 jobs/1.6 employees per d.u.=a need for 5 ELI housing units 14%of 85.869...@ 31-50%AMI=12 jobs/1.6 employees per d.u.=a need for 8 VLI housing units 21%of 85.869...@ 51-80%AMI=18 jobs/1.6 employees per d.u.=a need for 11 LI housing units Multi-Family Residential Apartments(Market Rate 50%of Alternative Total) 153 units x.214006116 jobs generated per unit=32.742935748 jobs/1.6 employees per d.u.=54 workforce housing units 9%of 32.742...@ 0-30%AMI=3 jobs/1.6 employees per d.u.=a need for 5 ELI housing units 14%of 32.742...@ 31-50%AMI=5 jobs/1.6 employees per d.u.=a need for 8 VLI housing units 21%of 32.742...@ 51-80%AMI=7 jobs/1.6 employees per d.u.=a need for 11 LI housing units Please feel free to contact me with any comments or questions,or if you would like the link to or copy of the complete study. Sincerely, LBRcctf ostnnL Citizens for a Caring Community