How many market rate units are needed to be built?
Minimum of 1,700. Most of the 3,000 additional new households projected to move into the corridor in the next 10 years will find housing in market rate homes without rent restrictions. To accommodate this, a minimum of 1,700 new market rate homes will need to be built to provide enough housing for new residents, recognizing that these new homes will not likely meet the lower-income households’ immediate affordability needs.