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7.A. - Page 271 <br /> Market Cc�nstraints -N/A <br /> Co�lstruction costs, lanc[costs, availahility of financin�all cs�ntribute to the cost af I�ausing pr€�c[uction. <br /> Develap�cnt Cos�s -N/A <br /> 7'he price pFtand is one o�the ]arges! com�onents ofhousi��.�develop��aent casts in Nortl�e�-�1 California. <br /> Cost of Building Materia�s -NIA <br /> Anotl�.er major cc�st associated with residential building is the cast of materials, wl�icla ca�1 camprise a <br /> �i�nificant portton o�tlle sales��rice of a home a.nc�laas risen dramatiealIy in rece��t years - NIA <br /> These costs include str€�ctttral, el�etrical, plumbing, and inechanical work, in additian to interia�'finish <br /> and��or���al site preparatior� - NIA <br /> Labnr C`osts—NIA <br /> Availability of Martgage Financin��NIA <br /> �osr�ra��ne�tal Constr�ants-N/A <br /> Housi�lg supply and costs are af�ec�ed by the amaunt of land desig��atedfor residential use az�d tl�e c�e�sity <br /> ati wl�ich develo�tnent is permitted. <br /> Environmental ConsEraints—NIA <br /> Eaavirontn�entai facfors ca� constrain reside�ttial ctevelop��lent in a co�nnnunity by increasing costs and <br /> reducing t11e amount of land suitabl� for housing cor�stiruction. <br /> Hazardous Materials -N/A <br /> Prajects with residuai soil ar�d graundwater eontamination on the �and ca� experience substa��tial delays. <br /> NIA For the wate�-, coneem for t�e iand. <br /> Infrastruc�ure Canstra€nts T NIA <br /> Often, one af the Snost expe��sive site ixa�apraver�aes�ls �s the under�rounding of utilities. Other priinary <br /> improve�n�nts are far:�ew curb, �;�tters, a�d sidewalks,which are in need of repair. <br /> �"Qther Constraints,See H-10[ <br /> "An additional significant constraint ta the develo�m���t of housi��g can be created t�y neigY�borhood <br /> oppasitior�to��ew develop�ent. Also k�ow��as NIMBYisrr�, or t�e"Not in My Backyard"s}mdrome, <br /> neighborhood oppQSition can stymi� develn��aenf ar cause long delays on pro�ects. Typically, <br /> NIMBYisnx can sur�ace re�;a.rding a i�ew devetopment because of perceived decreases in praperty values, <br /> ��teriaratio� of se;vice levels, �iscal impacts, environme��tal degradalion, or publ;c Y�ealth and safety <br /> issues." <br /> Interesti»gIy, if the harbor/inarina co��munily were not being dispIaced, as previously prornised and <br /> reflected in tl-�e Ge►aeral Plan, lhen there would be no 0 osition bv the ublic a��d te�aants. It is act�ally <br /> "reeerse�iIMBYism" af the develc►per and avvt�ear wha have argued tha�the"liveabaards" are not <br /> desired,pot�ntial[y decrease �arope�-ty value and degrade the environment. Althau�l�.this is�nt�°ue, <br /> the delay in development here is because a com�nunity I�as�a figh�to preserve its own protected and <br /> valued status as reflected in the General Plan a�d demanstrate how it meets the City's Housing�Iert�.ent <br /> a��d otl�e�'Vzsiot�/PoIicies af the Plan. <br /> C-3. All of R.edwaad Cit 's Hpusin Goals a��►d Policies See H 156 are inet b kee iaa liveaboards at <br /> the znarinas: <br /> *Mai�ataiz�and preserve the existing affordal�le hausing stocic to pravide safe a��d affardable housing ta <br /> meet t11e needs of ali residents in Redwood City. <br /> *Assi�t in the deveiap�et�t of affordable liousing tPtat meets tIle needs of aI1 soeio-eco�ao�nic segments of <br /> t�.e cornznt�nity. <br /> *Ide��tify adequate sites to achieve a variety a�d divexsity of Housii�g to mee#Redwoad City's share of <br /> re�ional h�t�sir�g�aeeds for all income groups, and encoura�e��ariety of k�.o�asi�ag types. <br /> *Re�ove potential constraints to housing develop7nen.t and affordability. <br /> �f'romot� equal housing ap�ortunity. <br /> *Provide pragrams to tneet otlter iden�ified housing n�eds. <br /> 14 <br />