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<br />The Danter Company recommends that units be developed to address the demand <br />of households at low-end market-rate prices targeted to households with incomes <br />less than $21,800 for a I-person household; $24,900 for a 2-person household; <br />$28,000 for a 3-person household; and $31,150 for a 4-person household. 14 <br /> <br />Support for senior housing at the low-end market-rate prices represents 15-20%, or <br />45 to 70 units of the 5-year projection <br /> <br />PROJECTED UNITS OF SUPPORT FOR <br />NEW RENTAL HOUSING DEVELOPMENT <br />IN FARGO-MOORHEAD SUBMARKETS <br />5- YEAR PROJECTIONS <br /> <br /> <br />Upscale <br />Moderate <br /> <br />Low-End <br /> <br />$875 + <br />$700-$800 <br />< $609 <br /> <br />$1,000 + <br />$850-$950 <br /><$731 <br /> <br />$1,200 + <br />$975-$1,100 <br />< $845 <br /> <br />100-150 <br />200-350 <br />300-350 <br /> <br />West Fargo, Fargo North, Fargo South <br />All submarkets <br /> <br />All submarkets <br /> <br />Cumulative Total <br /> <br />600-900 <br /> <br />14 HUD-defined incomes based on household size, <br /> <br />16 <br /> <br />Linda S. D\lnnclly. ;\ .l.e.p. <br /> <br />;\ Ugllsl 2006 <br />