Not so AFFORDABLE NORTHGATE

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 None of NORTHGATE MALL (converted to Residential) will be affordable to 
Acutely Low, Extremely Low and Very Low INCOME FAMILIES

 

SQUARE FEET

 

 

 

 

 

RESIDENTIAL 1

AFFORDABLE

% Affordabe in BEDROOMS =

98/ 974 = 10%

 

65,140

% Affordabe

in SQFT =

65,140 / 829,731

= 7.85%

      

BEDROOMS

UNITS

BEDROOMS

   San Rafael

RENT

Min INCOME required at 35% is rent

Income
Category

Studio

24

24

$2,000

$68,571

LOW

1

24

24

$2,450

$84,000

LOW

2

24

48

$3,325

$114,000

LOW

3

24

72

$4,367

$149,725

MODERATE

TOTAL

98

 

 

 

RESIDENTIAL 2

 

196,505

BEDROOMS

UNITS

BEDROOMS

 

 

 

2

42

84

 

 

 

3

36

108

 

 

 

4

7

28

 

 

 

TOTAL

220

 

 

 

RESIDENTIAL 3

 

231,300

BEDROOMS

UNITS

BEDROOMS

 

 

 

Studio

63

63

 

 

 

1

164

164

 

 

 

2

53

106

 

 

 

TOTAL

333

 

 

 

RESIDENTIAL 4

 

401,926

BEDROOMS

UNITS

BEDROOMS

 

 

 

Studio

25

25

 

 

 

1

305

164

 

 

 

2

116

232

 

 

 

TOTAL

421

 

 

 

TOTAL

RESIDENTIAL 2-4

829,731

 

974

 

 

 

 Please verify the numbers and disclose prominently in public documentation

·      % Affordable in SQFT = 7.85%

·      % Affordable in BEDROOMS = 10%

Thanks,

And maybe offer a reason why the percentages are not closer to 20% ?

 And using

 2021

Income
Categories

  Number of persons in Household

$

1

2

3

4

5

6

7

8

  Marin County

 

4-Person Area Median Income:

$149,600

 

Acutely Low 15%

15,700

17,950

20,200

22,450

24,250

26,050

27,850

29,650

Extremely Low 30%

38,400

43,850

49,350

54,800

59,200

63,600

68,000

72,350

Very Low  50%

63,950

73,100

82,250

91,350

98,700

106,000

113,300

120,600

Low 80%

102,450

117,100

131,750

146,350

158,100

169,800

181,500

193,200

Median

104,700

119,700

134,650

149,600

161,550

173,550

185,500

197,450

Moderate 120%

125,650

143,600

161,550

179,500

193,850

208,200

222,600

236,950

Calculate the UNITS per Income Category from “rent per unit” and “Number of persons” = bedrooms.

And rental expenditure is x% of income ( where x = 35 or ? )

( Where RENT SOURCE: https://www.zillow.com/rental-manager/market-trends/san-rafael-ca/?bedrooms=0  )

 And a possible explanation why none of the “AFFORDABLE” units are for Acutely Low, Extremely Low and Very Low.

And why one quarter of the “AFFORDABLE” units are for MODERATE INCOME families.

All disclosed please.

SOURCE https://www.cityofsanrafael.org/northgate-town-square-rev/

• 800 SurveySB 743 Updating Transportation Impacts Analysis in the CEQA GuidelinesIn California 40% live near major roadsPlanning & Affordable Housing in MarinAvailable Housing for Development 201212012_Draft_Marin_County_Housing_ElementMarin Audubon buys 63 Acres of HabitatProp13 yet huge Tax RevenueEast Bay CommutingCA_Air_Resources_Board--Climate_Change_Scoping_Plan_May2014Marin Water Supply Increase StudyCalifornia Air Pollution Control Officers AssociationMarin ventures into PUBLIC HOUSING & Rent RegulationNot so AFFORDABLE NORTHGATEMarin Homeless Housing Providersdensity bonusMV Affordable Housing demolishedPossible Open Space DevelopmentSR 134 HomesSR Infill HousingSt Vincent •    
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Last modified: Thursday February 22, 2024.