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Page 3 of 13 <br />City of Redwood City 1017 Middlefield Road, Redwood City, CA. 94063 Tel: 650-780-7000 www.redwoodcity.org <br />of total housing units issued building permits to date compared to the City’s overall 2023-2031 RHNA <br />obligation by income level. <br />Table 1: Redwood City RHNA Obligation and <br />Housing Units Issued Building Permits in 2023-2031 RHNA Cycle <br />Housing Units Issued Building Permits <br />Income <br />Level <br />A. RHNA <br />Obligation <br />(Housing <br />Units) <br />B. <br />Projection <br />Period* <br />C. <br />2023 <br />D. <br />2024 <br />E. <br />2025 <br />F. <br />2026- <br />2031 <br />G. Total <br />(= B + C + D + E + F) <br />H. Total <br />Remaining RHNA <br />Obligation in <br />Housing Units <br />(= A - G) <br />Extremely <br />Low (ELI) / <br />Very Low <br />(VLI)** <br />1,115 28 VLI <br />64 ELI + <br />22 VLI = <br />86 <br />12 ELI + <br />27 VLI = <br />39 <br />42 ELI + <br />94 VLI = <br />136 <br />- <br />118 ELI + <br />171 VLI = <br />289 <br />826 <br />Low 643 73 21 110 99 -303 340 <br />Moderate 789 2 21 14 39 -76 713 <br />Above <br />Moderate†2,041 9 415 13 216 -653 1,388 <br />Total 4,588 112 543 176 490 -1,321 3,267 <br />*Units that were approved, permitted, or received a certificate of occupancy between June 30, 2022, and <br />January 30, 2023, may be counted towards the City’s 2023-2031 RHNA obligations. <br />**Extremely low (ELI) and very low (VLI) income units are tracked separately in the APR; however, HCD <br />considers ELI units a subset of VLI units for the purpose of meeting the VLI RHNA obligation. <br />†The term “above moderate” is used by HCD and indicates an income level consistent with “market rate” <br />affordability. <br />Figure 1: Redwood City 2023-2031 RHNA and Housing Units Issued Building Permits <br />in Current RHNA Cycle Through 2025* <br />26% <br />47% <br />10% <br />32% <br />Very Low <br />Income <br />Low Income Moderate <br />Income <br />Above <br />Moderate <br />Income <br />0 <br />200 <br />400 <br />600 <br />800 <br />1000 <br />1200 <br />1400 <br />1600 <br />1800 <br />2000 <br />2200 <br />0 <br />200 <br />400 <br />600 <br />800 <br />1000 <br />1200 <br />1400 <br />1600 <br />1800 <br />2000 <br />2200RHNA Obligation <br />2023 <br />2024 <br />2025 <br />7.A. - Page 3 of 63 <br />10