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rehabilitation funds on compliance with such standards. The Agency shall render an annual report to the Legislature setting forth in detail its rehabilitation activities, including expenditure of public funds, number and kinds of units rehabilitated, and disposition of rehabilitated units. 2. [Section 211.2] Moving of Structures As needed to carry out the purposes of the Plan and when economically and structurally feasible, the Agency is authorized to move or cause to be moved any structure or building to a location within or outside the Project Area. L. [Section 212] Low- and Moderate - Income Housing 1. [Section 212.1] Use of Tax Increment Funds to Increase, Improve, and Preserve the Supply of Affordable Housing The Agency shall use not less than 20 percent of all taxes allocated to it pursuant to Health and Safety Code Section 33670 for the purposes of increasing, improving, and preserving the community's supply of low- and moderate - income housing available at affordable housing cost to persons and families of low or moderate income and very low income. The definitions contained in Health and Safety Code Sections 50052.5 ( "affordable housing cost "), 50079.5 ( "lower- income households "), 50093 ("persons and families of low or moderate income "), and 50105 ( "very low income households ") shall apply to these requirements. The funds for these purposes shall be held in a separate Low- and Moderate - Income Housing Fund (the "Fund ") until used. Any interest earned by the Fund and any repayments or other income to the Agency for loans, advances, or grants, of any kind from the Fund, shall accrue to and be deposited in, the Fund and may only be used in the manner prescribed for the Fund. The Agency shall, to the maximum extent possible, use the Fund to defray the costs of production, improvement, and preservation of low- and moderate - income housing. The Agency shall not spend amounts for planning and general administrative activities that are disproportionate to the amount actually spent for the costs of production, improvement, or preservation of that. housing. The Agency shall determine annually that the planning and administrative expenses are necessary for WEST SAN LEANDRO/MACARTHUR BOULEVARD PAGE 16 REDEVELOPMENT PROJECT AREA REV 2999;22399:22599; 3269% 3309%040199 :061 599rn1