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9.A. - Page 3 Table 2 below illustrates Redwood City's progress towards meeting its assigned 2007- 2014 RHNA (i.e. number of Building Permits issued for housing unit construction by income category). As illustrated in Table 2, there were few Building Permits issued for new housing unit construction from 2007-2009 likely due to the housing market crash and sluggish economy. Between 2010 and2011, the housing market began to show some signs of recovery. By contrast, in 2012, Redwood City issued Building Permits for 785 new residential units. Most of these new units are contained in four large-scale residential projects: 640 Veterans Boulevard (264 units), 2580 EI Camino Real (141 units), 201 Marshall Street (116 units), and 333 Main Street (132 units). The first two projects are located in areas newly designated Mixed Use-Corridor by the new General Plan. The other two projects are located in and near the Downtown District. In addition, a 100% affordable (15 very-low income units), downtown housing project, 104 Cedar Street, also received final building permit approval in May 2012. The phased One Marina Precise Plan Project also continues to receive building permits for new residential units. Table 2: Redwood City RHNA Progress: Building Permits Issued from 2007- 2012 Building Building Income 2007- Permits Permits Remaining RHNA 2009 Grou Issued for Issued for Balance p Credits 2010-11 2012 Very low 422 68 0 14 340 Low 304 1 55 26 222 Moderate 358 17 19 36 286 Above 772 31 204 709 0 Moderate Total 1,856 117 278 785 848 In addition to the housing units that received building permits as provided above, Redwood City received a number of new housing development applications in late 2012 and early 2013 that are in plan review and, if approved, will likely receive building permits in 2013/ 2014. These housing developments include: 145 Monroe Street (305 rental units), 525 Middlefield Road (471 rental units), 490 Winslow Street (66 rental units), 1230 Hopkins Avenue (19 condo units), 2808 EI Camino Real (45 assisted living units), and 1 Uccelli Blvd. (411 condo units).