AgdaPkt 2002-01-14 - Laserfiche WebLink

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Redevelopment Agency Agency Name: of the City of Redwood City Project Area Name: Project No. 2 Sales of Owner-Occnnied Units Inside the Proiect Area Prior to the Expiration of Land ~J~e Cpntrol~ 9. Section 334131c)(2)(A) specifies that pursuant to an adopted pro_m-am, which includes but is not limited to an equity sharing program. agencies may permit the sale of owner-occupied units prior to the expiration of the period of the land use cona-ols established by the agency. Agencies must deposit sale proceeds into the Low and Moderate Income Homing Fund and within three (3) years from the date the unit was sold, expend funds to make another unit equal in affordability, at the same income level, to the unit sold. a. Sales. Did the agency permit the sale of any owner-occupied units duringthe reporting year? ~No l-lYes $ ITotal Proceeds From Sales Over Reporting Year Number of Units Income Level VL L M Total Un ts So d Over Reporting Year b. ~ Were reporting year funds spent to make mis equal in affordability to tlnits sold over the last three reporting years? ["lYes $ ITotal Proceeds From Sales Over Reporting Year Number af Units Income Level Vt L M Total Units Made Equal in Reporting Year to Units Sold Over Reporting Year Units Made Equal in Reporting Year to Units Sold Two Reporting Years Ago Units Made Equal in Reporting Year to Units Sold Three Reporting Years AcJo Affordable Units to be Constructed Inside ~ne Proiect Area Within Two Years 10. Pursuant to Section 33080.4(a)(10), repor~ the number of very low, low, and moderate income units to be financed by any federal. state, local, or private source in order for construction to be completed w~thin two veers from the date of the agreemcm or con~ract executed over the report~g Vent. Identify the project and/or conwactor, date of the executed agreement or contract, and estimated completion date. Specify the amount reported as an encumbrance on HCD-C, Line 6a. and/or any applicable ammmt designated on HCD-C, Linc 7a. such as for capital outlay or budgeted funds intended to bc encumbered for project use wittan two years from the reporting year's agreement or contract date. lDO NOT REPORT ANY UNITS SHOWN ON SCHEDULES HCD-A OR HCD-Ds.I Col A Col B Col C Col D Col E Name of Agreement Estimated Sch C Amount Sch C Amount Pro~ect and/or Execution Completion Date Encumbered Designated Contractor Date (w/in 2 vrs of Col B) [Line 6al [Line 7al VL L M Total Trv~n~ Ant. ~/9~ 4/~OOZ $ $ ii ZU 31 Communiti~ $ $ $ $ $ ] Please attach a separate sheet of paper to list addi6onal infonnatinn. I Califbmia Rcdcvcloptllclll Agencies Fiscal 5 car ~000-_001 I ICD-A gch A (71 ~01) ?age 6 of 6