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