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M Village Survey

This questionnaire is to gather information as we consider the possibilities of M Village. It should take less than 2 minutes to complete. Your response is completely confidential and anonymous.

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* 1. Which race/ethnicity best describes you? (Please choose only one.)

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* 2. What is your age?

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* 3. What is your approximate average household income?

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* 4. One of the biggest reasons families buy homes is to provide a sense of community and to form lasting friendships. Based on this information, would you rather rent or own a home?

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* 5. Renters typically have no maintenance costs or repair bills and they don't have to pay property taxes. As a homeowner you can make changes to your house without a landlord's approval. However, there are lots of hidden costs you never realize until you become a homeowner. Based on this information, would you rather rent or own a home?

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* 6. To obtain a conventional home loan, you’ll need to put down at least 3 percent of the cost of the house, and some lenders require even more. Current home prices in the Grand Rapids can average over $200,000, and you’ll probably need a minimum credit score of 620 to be considered for a home loan. Based on this information, would  you need assistance with a down payment for home ownership?

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* 7. Imagine you were presented the opportunity to reside in a forthcoming M Village property. Would you prefer to rent or own a home?

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* 8. Of the following, which housing style do you think is more fitting for the M Village concept?

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* 9. What monthly amount would you consider affordable for housing in the Grand Rapids area?

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* 10. Do you have any other comments, questions, or concerns?

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