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<br />fTi\ \.~) <br />t H} I'd <br />L:'... jl,..l <br /> <br />IE\ \~l :il_g~ ~ <br />L.nJ '" rrF <br /> <br />H () U ~ I N L1 <br /> <br />Policy H-l.7 Cultivate healthy, crime-free environments in which to <br />raise children in all neighborhoods. (Action H-3) <br /> <br />Policy H-l.8 Work to preserve existing affordable low-income <br />housing in the City that is considered at risk of <br />convertIng to market level rents. (Action H-4) <br /> <br /> <br />~~1if:~J:'W <br /> <br />Providing affordable housing is essential for a healthy and balanced <br />community. In addition to a diverse mix of housing types, it is necessary <br />to make housing available for residents of all income levels. Throughout <br />the Bay Area, residents face increasing challenges in finding affordable <br />housing due to high housing demand at all levels. High demand and <br />short supply have driven property values to levels that have shut many <br />families and individuals out of the ownership market as well affordable <br />rental housing. Lower-income families in particular find it difficult to <br />secure decent, safe housing. <br /> <br />The Redwood City Redevelopment Agency actively works with both <br />non-profit and for-profit developers to assist in the production of <br />affordable for-sate and rental housing. Seeking fundIng from, varied <br />sources increases opportunities for the development of affordable <br />housing. The City also recognizes that homeownership plays a <br />significant role, in establishing strong neighborhoods and a sense of <br />community pride. As such, Redwood City supports programs that make <br />purchasing a home a realistic option for lower-income households. <br /> <br />Policy H-2.1 Pursue and maximize the use of State, Federal, local, <br />and private funding for the development. preservation, <br />and rehabilitation of housing affordable to very low~, <br />low-, and moderate-income households. (Action H-5) <br /> <br />Policy H-2.2 Support collaborative partnerships with nonprofit <br />organizations, developers, neighborhoods, and State <br />and Federal agencies to develop, rehabilitate, preserve, <br />and retain affordable housing. (Action H-2, Action H~5) <br /> <br />Policy H-2.3 Continue to promote homeownership assistance <br />programs as a means of enhancing neighborhood <br />stability. (Action H-6) <br /> <br /> <br />