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JT25K - LOAN AGMT HOUSING DEV.
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01/18/2005
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JT25K - LOAN AGMT HOUSING DEV.
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Last modified
1/3/2012 4:59:32 PM
Creation date
1/12/2005 10:45:10 AM
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City Clerk
Doc Type
Agenda Packet
Item #
JT25K
Date
1/18/2005
Destruction Year
2010
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<br />Relocation Plan for the OHDC 901 East 6th Street Project <br /> <br />2. <br /> <br />Household Income <br /> <br />Income data were obtained from 20 households. The figures below include income <br />provided by the property management staff for the one no respondent household. <br />According to income standards for the County of Orange (Exhibit A) adjusted for <br />family size as published by the United States Department of Housing and Urban <br />Development (HUD), six Project area tenant household qualify as extremely low <br />income (30% or less of median), seven qualify as very low income (31%-50% of <br />median) and seven as low income (51 %-80% of median) as seen in Table 2 below. <br />The range of reported annual household incomes among the 20 respondents was <br />$12,000-$60,000. <br /> <br />Táble2: 11"I9pm....""e",I$ (20itlQU sehQI~.) <br />Extremely Low Ve ry Low Low Moderate <br />6 7 7 0 <br /> <br />3. <br /> <br />Demographic Summary <br /> <br />Of the 109 currently known residents, there are 54 adults and 55 children. The <br />ethnic distribution in the Project is 100% Hispanic with Spanish reported as their <br />primary household language in majority of households. This generally resembles the <br />rankings and pattern in the Census Tract Area but deviates from the overall Census <br />figures for the City. <br /> <br />Table 3:.....2000Cem~...s..PQPÙlåt~<m.Ci~QfSåtlt~~l1i)&. Tri)ct 744¡Q5 <br /> Population Tract 744.05 % City 0/0 <br />White 2,655 38.1 % 144,425 42.7% <br />Black or African American 147 2.1 % 5,749 1 .7% <br />American Indian and Alaska Native 76 1 .1 % 4,01 3 1 .2% <br />Asian 81 1 .2% 29,778 8.8% <br />Native Hawaiian and Other Pacific 1 0 0.1 % 1 ,1 60 0.3% <br />Islander <br /> <br />Prepared by Overland, Pacific & Cutler, Inc. <br /> <br />Page 6 <br /> <br />JT25K-15 <br />
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