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AgdaPkt 2018-04-23 Joint SA PFA
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AgdaPkt 2018-04-23 Joint SA PFA
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Last modified
4/24/2018 11:37:04 AM
Creation date
4/19/2018 2:03:30 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
4/23/2018
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<br />HOUSING PROBLEMS <br />•More than 3,000 renter households in Redwood <br />City pay more than 50% of their income on housing <br />costs (“severe cost burden”) <br />•Extremely low- and low-income Hispanic <br />households account for more than half of all <br />households with severe housing problems, such as <br />overcrowding and cost burden <br />•A very low income family of four can only afford <br />about $1,645 a month in rent, but the average 2 <br />bedroom rental is more than twice that amount. <br />(Source: CHAS Data 2009-2013)
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