RDA Reso 2004-023 - Laserfiche WebLink

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Summary ofDemagraphics and Housing Conditions The following key points summarize the relationship of the demographic changes to the condition of housing in San Leandro. • The small number of residents aged 25-34 indicates a shortage of affordable housing suitable for young adults and singles. • Type of household has changed -- 35% of households have gersons living alone and 26% have no children less than 1$ years of age, indicating a need for additional smaller units. • There is an influx of new families with large numbers of children, indicating a need for larger units. Average household size has increased. • There are 54,200 jobs in San Leandro with expected growth of additional 9,275 new jobs by 2015. To meet the demand for housing for these employees, City would need 3800- 5200 new housing units. • 60% of households are ownership and 38% of the owners are over 65 years old. • 35-40% of households earn less than 80 percent of AMI, indicating a housing affordability problem. • 24% of the population is 55 years or older, and 16% is elderly {65 or older). • Over half of the housing stock is over 50 years old. Housing Element Regional Housing Needs Determit:anon (RHND) for 1999-2006 As part of the five year Housing Element cycle, the State Housing and Community Development Department determines the housing needs for the San Francisco Bay Area. The Association of Bay Area Governments {ABAG) then allocates housing production goals to the cities and counties based on a formula that is agreed upon by the jurisdictions. The Housing Element contained strategies and policies for developing the new housing, as well as identified sites that can accoznrnodate this housing allocation. The following table lists the RHND goals from the Housing Element, how much housing was produced in the City up to 2003, and how many housing units at what income must still be produced. Tahle 9_ Nmisin~ Element Needs Household Income Housing Element Housing Production Unmet Need Cate ory Goal 1999-2003 Very Low I95 108 87 Low i 07 0 i 07 Subtotal 302 108 194 Moderate 25I 15$ 93 Hi h 317 961 0 Total 870 1227. 287 Source: City of San Lenndra Community Uevetaprnent Uepartmen[ Targets for Housing to be Prodcrced in the Next Ten Years Redevelopment law requires that LMHF be targeted in proportion to the unmet need according to {1) income and {2} families vs. seniors. The targeted percentage is determined by the latest census. Based on the 2000 Census, no more than 16% of the units built with the LMHF can be dedicated to housing or persons aged 65 years ar more. In addition, at least the following 2004-2009 Implementation Plan Page 21