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r ` • • put it another way : While 37% of Redwood City households are of low and moderate income , only 8% of the housing stock is affordable by this category. of household. . It is reasonable to assume that Redwood Shores will have a population of 20 , 000 by 1965 . If we also assume that the growth of Redwood City proper is not significant during that time and that the average size of a household . remains at 2. 7, some interesting projections can be made . Redwood Shores will eventually have ?400 resident households ° If it is reasonable to project the same pro- portion of low and moderate income households as now in Redwood City we find that 2750 housing units in the Shores should be for low and moderate income households ) leaving 4650 mediums and high income housing units . Thus a conser- vative figure for an economic mix based on present need is one low and moderate income unit out of three . Even if we . assume , for academic reasons ,4 that the de- velopment of Redwood Shores would import only middle and high income households (obviously highly un esirable) , this would leave 7550 low and moderate income households to be "spread out " between the Shores and Redwood City proper ° Such a situation would mean that : out of a total of 28, 000 households s > 27% would be low and moderate income . To put it another way : 2000 households (one out of four) in the Shores would }be low and imnoderat e income , while 5550 wouid be medium and high ncome ° From the standpoint of employment , a major new region--- al shopping center in the Shores would mean a significant number of new jobs , many of which would be in the moderate income range (wholesale/retail jobs in San Mateo County have an average gross wage of 87200 -- source : San Hat eo County Development Association , January 1972) 0, As a corn-. parison, Hillsdale Shopping Center employes about 1600 people and covers about 50 acres (source : Stan Sairer, D . D . Bohannon Organization) 0 The Bay Area Transportation Study Colnntission estimated in .1969 that by 1990 Redwood City would have a net import of 4900 workers . . In summary, a conservative estimate of the need for _ low and moderate income housing in Redwood City =Both new development and redevelopment is one out of every three units ° While it may not be highly profitable in America to provide for the need for shelter of the poorer families in our society , it is nevertheless our responsi- bility to do so . Yet over one third of the households of Redwood City are of low and moderate income , and the vast majori ty of tlise are spending more than they can afford