75D - MERGER S.A. REDEVELOPMENT - Laserfiche WebLink

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Five-Year Implementation Plan Amended February 2003 Page 39 moderate-income, and not less than 40 percent of the affordable units shall be available at affordable housing cost to very-low-income households. To illustrate the inclusionary rule in terms of numbers, of every 100 dwelling units developed or rehabilitated by entities other than the Agency, 15 shall be affordable, with 9 affordable to persons of low-or moderate-income, and 6 available to persons of very-Iow- income. For each project area which subdivision (b) of Section 33413 applies, the Agency is required by H & S 33490 (a) (2) (B) (i) to estimate the number of new, substantially rehabilitated or price-restricted developed to date (detailed in Exhibit 1) and during the next five years (detailed in Exhibit 2). The following is the number by activity anticipated to occur within all project areas. NEW SUBSTANTIAL REHAB PRICE RESTRICTED 1976-2002 874 8 0 882 2003-2009 554 0 0 554 1976-2009 1428 8 0 1436 The following table represents the total incurred inclusionary obligation based on 33413 (b) (1) and (2) to date (detailed in Exhibit 3) and during the next five years (detailed in Exhibit 4). Very-Low Income Low Income Moderate Income TOTAL: 1976-2002 53 79 0 132 2003-2009 44 57 0 101 1976-2009 97 136 0 233 Pursuant to Section 33490 (a) (2) (B) eiii), the following number of housing units for all project areas were provided to date (detailed in Exhibit 5) and during the next 5 years (detailed in Exhibit 6) in order to meet the requirements of paragraph (1) and (2) of subdivision (b) of Section 33413. Very-Low Income Low Income Moderate Income TOTAL: 1976-2002 103 440 0 543 Page 108 of 190 75D-118 2003-2009 102 6 0 108 1976-2009 205 446 0 651