AgdaPkt 2005-05-09 - Laserfiche WebLink

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��• �� . Inventory of Affordable Housing by Type Elderlv Familv Rental Casa de Redwood 138 Ciry Center Plaza 81 Redwood Commons 58 Halimark Apartments 72 Heron Court 21 Heron Court 83 2�7 Redwood Court 27 263 � Familv Ownershia Saecial Needs Housing Wyndham Place 15 Pine Middlefield McEvoy 1 Hilton House Rolison Road 36 Kainos LaVista Hope Court 6 Kainos A&B 58 KainosTriplex plus one Shelters Family Redwood Family House 8 units Mental Health Spring Street Shelter Singles Street Shelter Singles Safe Harbor Shelter Individuals & couples w/out children Inn Vision Shelter Youth DayBreak Youth Shelter Battered Spouses Domestic Violence Shelter Barriers to affordable Housing . There are a number of public policies at the local, state and federal levels, which create barriers to affordable housing. The cost of land and construction costs are the greatest barriers to affordable housing. Other impediments include fees, environmental costs, relocation, prevailing wages .further increase construction costs, housing costs and lack of coordination between job training and community college programs and the types of jobs enhancement skills required to help people move from minimum wage to higher paying jobs within the community. As the technological industry and higher paying jobs decreased in Redwood City after 2003, more vacant ownership and rental units have become available. The City's vacancy rate has risen from .5% in 1990 to 3% in 2005. While rents have decreased in some cases, the price of homes has risen steadily over the last 20 years making ownership housing out of reach for the majority of working class people. The need for affordable housing increases as the population of low income households increase from population growth. Many senior citizens are still priced out of the housing market, and are more visible in emergency shelters with few transition options. 12