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The Applicants proposal to provide up to 120 affordable units on the Bay Block parcels <br />would: <br />1) Provide more affordable units than required under the Ordinance (at no cost to <br />the City), and <br />2) Provide fully constructed affordable units ready for lease at completion of the <br />project. <br /> <br />Relevant General Plan Goals and Policies: <br /> <br /> Goal BE-13: Enhance the Woodside Road Corridor as an attractive residential <br />boulevard with walkable mixed-use neighborhood centers, a pedestrian and <br />transit-oriented character, and consistent design elements that unify its image. <br /> <br />· Policy BE-13.2: Encourage the development of mixed-use neighborhood <br />nodes as pedestrian-oriented “villages,” providing walkable destinations for <br />shopping, leisure, and enjoyment at designated locations along Woodside <br />Road. <br /> <br />· Policy BE-13.4: Support new higher-density residential development on <br />Woodside Road, while ensuring that new development is sensitive to adjacent <br />single-unit residential neighborhoods. <br /> <br /> Goal BE-19: Provide areas for diverse employment and business opportunities <br />with optimum commute access. <br /> <br />· Policy BE-19.7: Support the use of the Light Industrial Incubator Overlay to <br />ensure retention of light industrial lands in Redwood City, and accommodate <br />small incubator space for young businesses in green, biotechnology, <br />software, and other emerging industries. <br /> <br /> Goal H-2: Promote, encourage, and assist in the development of housing that <br />meets the needs of all socio-economic segments of the community. <br /> <br />· Policy H-2.2: Support collaborative partnerships with nonprofit organizations, <br />developers, neighborhoods, and State and federal agencies to develop, <br />rehabilitate, preserve, and retain affordable housing. <br /> <br />· Policy H-2.5: Consider various avenues to ensure the provision or <br />construction of affordable housing and other community benefits. <br /> <br />7.A. - Page 6