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AgdaPkt 2011-12-12
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AgdaPkt 2011-12-12
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Last modified
10/29/2012 8:43:35 AM
Creation date
12/13/2011 2:08:51 PM
Metadata
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Redevelopment Agency
Date
12/12/2011
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6.1. E. - Page 34 <br /> Agency �.a...,.. Project Area Name: <br /> Units Develoned Inside the Praiect Area to Fu�fiIl Reauirements of Other Proiect Areafs) <br /> 8. Pursuant to Section 33413(b){2)(A)(v), agencies may cl�oose one or more project areas to fulfill another project area's requirement to <br /> construct new or snbstant�alIy rehabilitate dwelling units, provided the agency conducts a public hearing and finds, based on <br /> substantial evidence, tkiat the aggregation of dweXling units in one or more project areas will not cause or exacerbate racial, ethnic, or <br /> economic segregation. <br /> Were any dweIling units in this praject atea developed to partially or completely satisfy another project area's requirement to <br /> construct new or substantially rehabiIitate dwelling units? <br /> � No. <br /> ❑ YeS. Date initial finding was adopted? / I Aesolution # Date sent to HCD: I I <br /> mo day yr mo day yr <br /> Number of DwelCin Units <br /> Name of Other Praject Area(s) VL L M Total <br /> .� �� � <br /> w <br /> Sales of Owner-Occunied Units Inside the Proiect Area Prior to the Expiration of Land Use Contrals <br /> 9. Section 33413(c)(2)(A) specifies that pu�rsuant to an adopted program, which includes but is not �itnited to an equity shating pzngram, <br /> agencies may permit the sale of owner-occupied units prior to tlxe expiration of the period of the land use controls established by the <br /> agency. Agencies must deposit sale proceeds into the Low and Moderate Income Housing Fund and within three (3) years from tk�e <br /> date the unit was sold, expend funds to make another unit equal in affordability, at the sarne income level, to the unit sold. <br /> a. Sales. Did the agency permit the sa.le of any owner-occupied units during the reporting year? <br /> qNo <br /> ❑Yes � � Tota! Proceeds From Sales Over Reporting Year Number of Units <br /> SALES VL ! M Total <br /> lJnits Sold O�er Reporting Year <br /> L�. EQUaI Units. Were reporting year funds spent to make units equal in affordability to units sold over the last three reporting years? <br /> �No <br /> ❑Yes $ � Total LM1HF Spent On Equal Units O�er Number of Units <br /> Re ortin Year <br /> SAL�S VL L M Total <br /> Units Made Equa! This Repo�ting Yr to Units Sold Over This Reporting Yr <br /> Units Made Equal This Reporting Yr to Units Sold One Reporting Yr Ago <br /> Units Made Equal This Repor�ing Yr #o �nits Sofd Two Repor#ing Yrs Ago <br /> Units Made Equaf This Reporting Yr to Units Sold Three Reporting Yrs Ago <br /> Ca[3fornia Redevelopment ?.gencies — Fiscal Year 2010-2Q1 I HCD-A <br /> 5eh A(Revised: 7-22-11) Pa¢P F �f 7 <br />
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