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6.0. - Page 77 of 179 Property Type Number % Total 29,005 1 100% Table 27 — Residential Properties by Unit Number Data Source: 2009-2013 ACS Unit Size by Tenure Table 28 — Unit Size by Tenure Data Source: 2009-2013 ACS Describe the number and targeting (income level/type of family served) of units assisted with federal, state, and local programs. Various funding sources, including HUD funding sources, Low -Income Housing Tax Credits, CDBG funds, and HOME funds, are utilized to create and preserve affordable housing in Redwood City. Table H-34 presents the inventory of affordable multi -family rental housing developments in Redwood City. Assistance to help low-income households afford housing is also available through the Housing Authority of the County of San Mateo through Section 8 Housing Choice Vouchers. Provide an assessment of units expected to be lost from the affordable housing inventory for any reason, such as expiration of Section 8 contracts. One development, Willow Road Apartments will have expiring affordability covenants during the next 5 years. Willow Road Apartment was rehabilitated with CDBG funds, contingent on an affordability restriction until 2023. As Willow Road Apartments is owned and operated by a nonprofit organization with a mission to maintain and increase affordable housing, the risk of conversion for this project is considered low. Does the availability of housing units meet the needs of the population? No. There are several indicators that demonstrate the supply of housing is inadequate including low vacancy rates in the rental market as well as overbidding situations in the real estate market. There have been numerous reports of residents with Section 8 vouchers not being able to find landlords willing Consolidated Plan REDWOOD CITY 71 OMB Control No: 2506-0117 (exp. 06/30/2018) 433 Owners Renters Number % Number % No bedroom 112 1% 1,117 8% 1 bedroom 589 4% 4,751 36% 2 bedrooms 3,534 24% 5,330 40% 3 or more bedrooms 10,305 71% 2,049 15% Total 14,540 1000/0 13,247 99% Table 28 — Unit Size by Tenure Data Source: 2009-2013 ACS Describe the number and targeting (income level/type of family served) of units assisted with federal, state, and local programs. Various funding sources, including HUD funding sources, Low -Income Housing Tax Credits, CDBG funds, and HOME funds, are utilized to create and preserve affordable housing in Redwood City. Table H-34 presents the inventory of affordable multi -family rental housing developments in Redwood City. Assistance to help low-income households afford housing is also available through the Housing Authority of the County of San Mateo through Section 8 Housing Choice Vouchers. Provide an assessment of units expected to be lost from the affordable housing inventory for any reason, such as expiration of Section 8 contracts. One development, Willow Road Apartments will have expiring affordability covenants during the next 5 years. Willow Road Apartment was rehabilitated with CDBG funds, contingent on an affordability restriction until 2023. As Willow Road Apartments is owned and operated by a nonprofit organization with a mission to maintain and increase affordable housing, the risk of conversion for this project is considered low. Does the availability of housing units meet the needs of the population? No. There are several indicators that demonstrate the supply of housing is inadequate including low vacancy rates in the rental market as well as overbidding situations in the real estate market. There have been numerous reports of residents with Section 8 vouchers not being able to find landlords willing Consolidated Plan REDWOOD CITY 71 OMB Control No: 2506-0117 (exp. 06/30/2018) 433