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IV. STATUTORY VALUE OF ASSETS OWNED BY HOUSING SUCCESSOR IN LMIHAF <br />Under the Dissolution Law and for purposes of this Report, the "statutory value of real property" <br />means the value of properties formerly held by the former redevelopment agency as listed on <br />the housing asset transfer schedule approved by the Department of Finance as listed in such <br />schedule under Section 34176(a)(2), the value of the properties transferred to the Housing <br />Successor pursuant to Section 34181(f), and the purchase price of property(ies) purchased by <br />the Housing Successor. Further, the value of loans and grants receivable is included in these <br />reported assets held in the LMIHAF. <br />The following provides the statutory value of assets owned by the Housing Successor. <br />V. DESCRIPTION OF TRANSFERS <br />The Housing Successor did not make any LMIHAF transfers to other Housing Successor(s) <br />under Section 34176.1(c)(2) during the Fiscal Year. <br />VI. PROJECT DESCRIPTIONS <br />The following is a description of project(s) for which the Housing Successor receives or holds <br />property tax revenue pursuant to the ROPS as well as the status of the project(s): <br />HOUSING AUTHORITY OF THE CITY OF SANT4DWAFY&015/16 <br />Page 4 <br />