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<br />~Urban <br />~Habltat <br /> <br />2. a. The TOO Plm states that "any low income units displaced by new development should be replaced <br />within the project or on another site within the: TOO area." However, it is unclear whether this only <br />refers to units that the City reauJates. or whether it also refen to unilS that due to various circumstances <br />currently house low-. very low-, and extremely low-income households. This should be clarified given <br />how crucial the distinction is. (Only 2.5% of all of the dwellins units in the TOO Plan area have <br />affordabilit)' rcstrictions.UI) The DEIR should anaJvze the DOtential imDld 9" resident ditlplacement if <br />the TOp Plan laD~ refers to only 'omcltlt affordable bousim! units or to both 'official' and de facto <br />affordable housillB units. <br /> <br />2. b. Currently t the downtown area is more incomc-diverse than the entire City. 61 % of households are <br />renters, compared to 30.3% ofhouschokts citywide and the median household income within the TOO <br />Plan area (as of2oo,) was about S I 0,000 (ten thousand) less than the median household Income <br />citywide. <br /> <br /> Study Area Eatire City of Saa <br /> Lea8dro <br />POPlllation 10,609 81 444 <br />N of Households 4.520 30.770 <br />N ofMF units (2+). 3.033 4.871 <br />Median HH Income ISO. 73 7 561.161 <br />% wI income < $3S.OOO 30.4,.. 25.1% <br />% Renters 61% 39.3% <br />ABAO Pop Growth Rate 19.4% 10.1% <br />Proiections 2005-2020 <br /> <br />EJ(OIpt ....... notId, .. oom.. floom 1M CIty of San LeIDdro. 1>OW",awll Stm uant/ro 7'ruM;/~IIIu1 Dew:JOpItullJf <br />~. Morlwt .4~umelll DRAFT, ApriI20D6. <br />"'FI\lfIl CtDIuI Pact Finder .2000. This is bMcd on ec:nIUI Wet data.. All 3 cr I fatlilla within the Study A..... also bleed <br />. ouIIide of'iL <br />"''''From lAndls partellocuor wcbsitc. Infill dcfiDed.. tho. paroeIs tbM 1ft "ec:onomIcaIl)' undenIdJiIId." <br /> <br />Given the constricted regionat and 10Ql1 housing market, II rilln. home prices In the City. the reJative <br />affordability of downtown San Leandro compared to the rest of the City and Bay Area. and the public <br />and privlte investment in Ihe TOO area as a resuk of the TOD Plan, property values and thus. rental <br />rates, wiJI likel)' rise at. rapid pace. Evidence of how TOO investment QO oontribute 10 exponential <br />increases In the local bouslna market can be swn at liIe Fruitvale Transit ViUaac at Pruitvale BART and <br />near the Hayward and West Oakland BART stations.12 While very few units will be directly lost u . <br /> <br />10 Source; City of SIn Lundro ud StnItecic Eooaomica. <br />II ID MIlt 1007, the WCIIIO)' die for I... multl6mi1y bujllti.. in .. Cky was 3.$% This is compnd to . much hultbier <br />~..... of5.2% for me SIn p~ MIA wblctllncludel all of AIMIeda County. Sourc.: RealFI01S <br />12 AoootdI.. to int'orm.acm &om fAR2$. StndeJio EooaomioI. lINt die CIIItIr for CoaumIDky lnoovatlon. FruiL"IM did not <br />~ the same home prioe apprIOIIdon . the .... of Ibo Bay Area 10 the .. 1900&, however, between 2000 to 2006. <br /> <br />4361.. SInet. Switt u., 0aIdPd. CA Nt1% <br />(SIOl 839-9110 . 'ax:: (510) I3NiIO <br />www.llJbaaJaUltaLora <br /> <br />St/SIa 3E)Idd <br /> <br />J.. ~ J. IS'ol'H t-MnI'l <br /> <br />lat966€8BtS <br /> <br />SS:~t L99~/t~/89 <br />