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AgdaPkt 2022.03.07 Joint SA PFA_Amended
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AgdaPkt 2022.03.07 Joint SA PFA_Amended
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Last modified
3/22/2022 4:03:24 PM
Creation date
3/22/2022 4:01:04 PM
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CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
3/7/2022
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There is a signifi cant income gap between Redwood <br />City residents with diff erent levels of educational <br />attainment. The median income for individuals <br />with a high school degree is $29,479 while the <br />median income for an individual with a graduate or <br />professional degree is $101,801. <br />Poverty rates varied signifi cantly between racial <br />and ethnic groups. The white, Asian, and two or <br />more races groups had the lowest poverty rates at <br />7%, 4%, and 6% respectively. The Native Hawaiian <br />and Other Pacifi c Islander, some other race, and <br />Hispanic or Latino groups experienced poverty <br />rates between the overall poverty rate and highest <br />rates, at 17%, 18% and 15% respectively. The black/ <br />African American and American Indian and Alaska <br />Native groups had the highest poverty rates, at <br />32% and 41% respectively. <br />The presence of very-low-, low-, and moderate- <br />income households indicate a need for low-cost <br />recreation services, as well as services that contribute <br />to health and wellness, thereby off setting medical <br />costs. <br />Housing <br />According to Redwood City’s 2015-2023 Housing <br />Element Plan, Redwood City is largely built out. The <br />Redwood City General Plan of 2010 identifi ed vacant <br />and underutilized sites that would accommodate <br />6,348 units, which will be primarily used for housing <br />and mixed-use developments. <br />Between 2000 and 2010, Redwood City’s housing <br />stock increased by 246 units, or 1%. The City <br />accelerated its construction of new housing units <br />between 2010 and 2016, adding 1,298 units, for a 4% <br />increase. Redwood City has 818 new units currently <br />under construction and an additional 783 having been <br />approved. Upon completion, the City will have a total <br />of 31,645 units, which will be a 4% increase in just two <br />years. An additional 1,180 units have been proposed. <br />Most of the planned housing units are multi-family <br />units. <br />While nearly half of the City’s residents live in single <br />family detached homes, about one-quarter of <br />residents live in multi-family housing. In 2013, 43% of <br />Redwood City residents were rent-burdened. <br />PARKS, RECREATION & COMMUNITY SERVICES NEEDS ASSESSMENT | 5 <br />7.A. - Page 23 of 66 <br />135
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