Workforce Housing up to Town Council

Town Council meeting tonight will focus on the need for affordable housing in Londonderry and the state mandate that all communities plan for it before the new deadline of January 1st 2010.

What is workforce housing?
Workforce Housing Mandated for communities throughout New Hampshire“Workforce housing” means housing which is intended for sale and which is affordable to a household with an income of no more than 100 percent of the median income for a 4- person household for the metropolitan area or county in which the housing is located as published annually by the United States Department of Housing and Urban Development....

Read the full story http://www.londonderrynh.net/?p=13879 on Londonderry Hometown Online News. Many workforce housing links included in that story.

Three Corners, Manchester NH. 21 rental units developed by NeighborWorks Greater Manchester. Income restricted to persons with incomes between $24,400 to $43,725. Rents: $610 to $670 per month plus utilities.
Merrimack Place, Manchester NH. 16 rental units developed by NeighborWorks Greater Manchester. Income restricted to persons with incomes between $27,800 and $48,800. Rents: $695 to $735 per month plus utiities.
Riverside Apartments, Manchester NH. Developed by Finlay Communities . 102 age restricted units constructed in 1999, including a mix of subsidized, affordable and market rent units.
The Vineyards, Concord, Concord NH. 88 2-3 bedroom townhouse condominium units in 2 and 4- unit buildings. Developed by R. J. Moreau. Prices start at $216,900 up to $300,000.

Parkhurst Place, Amherst, NH. 72 age restricted garden style units comprised of 42 income estricted units, 10 subsidized units and 20 market rate units. developed by Great Bridge Properties. Subsidized unit rents are income based; affordable units are limited to persons with incomes between $36,720 to $41,940 and rents range from $790 to $950, including utilities. Market rents are 1,100 to $1,295.
Parkhurst Place, Amherst, NH. 72 age restricted garden style units comprised of 42 income estricted units, 10 subsidized units and 20 market rate units. developed by Great Bridge Properties. Subsidized unit rents are income based; affordable units are limited to persons with incomes between $36,720 to $41,940 and rents range from $790 to $950, including utilities. Market rents are 1,100 to $1,295.
Watson Woods, Exeter, NH 28 unit mixed income townhouses in 6 multifamily buildings. Developed by Chinburg Builders, Inc. Prices range from $200,000 to $300,000.
Karatzas Ave Multi-Family Development, Manchester NH. 204 condominium (138 Garden, 66 townhouse style) units developed by Anagnost Investments, Inc. Average sales price is $180,000.

Vista Ridge In Londonderry, New Hampshire These units would be the largest stand alone units allowed with the Londonderry Zoning Ordinance.