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<br />8D <br />Page 15 <br /> <br />TABLE 3 <br />UPDATE TO CURRENT HOUSING PRODUCTION COMPLIANCE STATUS, NON-AGENCY-BUILT HOUSING <br />REDWOOD CITY REDEVELOPMENT PROJECT NO.2 <br />REDEVELOPMENT AGENCY OF THE CITY OF REDWOOD CITY <br /> <br />Units w/Covenants <br />Total Very Low to Very Low <br />Built Mod. Income Income <br />(includes VL) <br /> <br />New Construction & Substantial Rehab Units. 1982 . 2004 <br />New Units Built (from Appendix Table A.) (1) <br />Units Substantially Rehabilitated (from Appendix Table B.) <br />Total Units, Built or Substantially Rehabilitated (1982 - 2004) <br /> <br />415 <br />103 <br />518 <br /> <br />Inclusionarv Reauirements (1982 -2004) <br />Percent Requirements <br />lnclusionary Units Requirement (1982 - 2004) <br /> <br />15% <br />78 <br /> <br />(40% of 15%) <br />6% <br />31 <br /> <br />Covenanted Units Built or Substantiallv Rehab. (1982 .2004) <br />New Units Built (from Appendix Table A.) <br />Units Substantially Rehabilitated (from Appendix Table B.) <br />(less) Replacement Units for Units Demolished <br />Total Covenanted Affordable Units <br /> <br />126 41 <br />99 25 <br />(6) , (4) , <br />219 62 <br />141 31 <br />72 72 <br />148 38 <br /> <br />Subtotal Excess (Shortage) of Covenanted Units Relative to Minimum Legal Standards (1982 - 2004) <br /> <br /> <br />New Construction & Substantial Rehab Units. 2005 . 2007 (1) <br />New Units Built (from Appendix Table A.) (5) <br />Units Substantially Rehabilitated (from Appendix Table B.) <br />Total Units, Built or Substantially Rehabilitated (2000 - 2004) <br /> <br />58 <br />0 <br />58 <br /> (40% of 15%) <br /> 15% 6% <br /> 9 3 <br /> 58 28 <br /> 0 0 <br /> -4 3 _23 <br /> 54 26 <br /> 45 23 <br /> 0 0 <br /> 45 23 <br /> 148 38 <br /> 193 61 <br /> <br />Totallnclusionarv Units Reauirement (2005 .2007) <br />Percent Requirements <br />Indusionary Units Requirement (2005 - 2007) <br /> <br />Covenanted Units Built or Substantiallv Rehab. (2005 - 2007) <br />New Units Built (from Appendix Table A-t.) <br />Units Substantially Rehabilitated (from Appendix Table B.) <br />(Less) Replacement Units for Units Demolished <br />Total Covenanted Units Built or Substantially Rehab. (2005 - 2007) <br /> <br />Subtotal Excess (Shortage) of Covenanted Units (2005 - 2007) <br /> <br /> <br /> <br />Notes: <br />14 replacement units at Wyndham and 2 at Franklin St., of which 4 are Very Low. <br />2 Includes Rolison Road (36 units total less 21 replacement units = 15, counted at two-for-one towards production, or 7 units). <br />14 units at El Camino, of which 2 are Very Low. <br /> <br />Source: Redwood City Redevelopment Agency, KMA <br />Prepared by: Keyser Marston Associates, Inc. <br />Filename: 18610.001\030IRC Housing Plan 11 07.xls: Table3; 1/1712008; me <br />