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6.1. B. - Page 164 <br /> While awaiting the outcome of the aforementioned lawsuit, the Agency continues <br /> to explore site acquisition opportunities for affordable housing and is moving <br /> forward with site preparation for a future senior housing development in the <br /> downtown area. The completion of the Downtown Precise Plan in 2011 will help <br /> make the planning and environmental review process simpler for developers and <br /> private investors to build new commercial and residential development. <br /> The Agency plans to work towards achieving the Agency's goals of eliminating <br /> blight by upgrading public improvements, rehabilitating commercial and <br /> residential structures, assembling properties into developable sites, providing <br /> financial assistance to encourage private investment, promoting redevelopment <br /> in accordance with the General Plan and Downtown Precise Plan, and enhancing <br /> viability of transit and the Caltrain Station. <br /> CONTACTING THE AGENCY'S FINANCIAL MANAGEMENT <br /> These Component Unit Financial Statements are intended to provide citizens, <br /> taxpayers, investors, and creditors with a general overview of the Agency's <br /> finances. Questions about this Report should be directed to the Finance <br /> Department, at 1017 Middlefield Road, Redwood City, California 94063. <br /> s <br />