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Due to the density established as a goal by the client, all products are multifamily units. To
avoid the typical multifamily scene of large expanse of parking surrounding apartment blocks,
almost all parking in half‐buried below the units. There is at least one of each unit type at
raised grade for adaptable universal design.
One Bedroom unit – Type A
• 720 square feet, one bedroom one bath, kitchen, storage, laundry, deck or patio and
large great room.
• Median income two‐person household: $60,100
• Rental Product:
o Housing expense ratio: 30% including utilities
o Affordability index: 68% of median.
o Rental rate: $975 per month
• For‐Sale Product:
o Housing expense ratio: 30% including utilities, taxes, insurance & HOA dues
o Affordability index: 76% of median.
o Sale price: $149,500
One bedroom units have the distinction that the price the market will bear results in for‐sale
pricing at below “low income” levels. There is not a lot of demand for one bedroom units, and
not very many of the proposed.
Two Bedroom units – Type B & D
• 924 square foot flat & 1,107 square foot townhouse, two bedrooms one or one‐and‐
one‐half bath, kitchen, storage, laundry, deck or patio and large great room.
• Median income three‐person household: $67,600
• Rental Product 1:
o Housing expense ratio: 30% including utilities
o Affordability index: 78% of median.
o Rental rate: $1,250 per month
• Rental Product 2:
o Housing expense ratio: 30% including utilities
o Affordability index: 100% of median.
o Rental rate: $1,350 per month