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<br />8A <br />Page 9 <br /> <br />housing production requirements. Additional research is required as the city's <br />current affordable housing density bonus provisions may exceed those allowed <br />under this new state provision and not be in conflict with other redevelopment <br />agency requirements. However, it is unclear whether or not a local ordinance could <br />take precedence over the State law. Staff will need to research and report back on <br />the findings. <br /> <br />Table One - ABAG Projections for Redwood City -1995 <br /> <br />2005 <br /> <br />2010 <br /> <br />2020 <br /> <br />Population <br /> <br />77,300 79,200 87,100 <br />+2.5% +10% <br /> <br />Households <br /> <br />29,070 <br />+3% <br /> <br />29,960 32,500 <br />+8.5% <br /> <br />Jobs <br /> <br />50,020 55,460 61,290 <br />+11% +10.5% <br /> <br />Table Two - Affordability Levels - On the Quick <br /> <br />Family of Four Annual Gross Income <br />Very Low <$50K <br />Low $90K <br />Moderate $110K <br />Above Moderate $120K <br /> <br />San Mateo County Median Household Income = $95K <br /> <br />Page 7 of 7 <br />