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voters pursuant to Article 34 of the California Constitution, or that such approval has been obtained, (4) the number of dwelling units housing persons and families of low or moderate income to be provided, and (5) the timetable for meeting relocation, rehabilitation, and replacement housing objectives. A dwelling unit whose replacement is required but for which no Replacement Housing Plan has been prepared, shall not be destroyed or removed from the low- and moderate - income housing market until the Agency has adopted a Replacement Housing Plan. Nothing in this Section shall prevent the Agency from destroying or removing from the low- and moderate - income housing market a dwelling unit that the Agency owns and that is an immediate danger to health and safety. The Agency shall, as soon as practicable, adopt by resolution a Replacement Housing Plan with respect to such dwelling unit. • 3. [Section 212.31 Inclusionary Requirements for New or Rehabilitated Dwelling Units Within the Project Area At least thirty percent (30 %) of all new and substantially rehabilitated dwelling units developed by the Agency shall be available at affordable housing cost to persons and families of low or moderate income. Not Tess than fifty percent (50 %) of the dwelling units required to be available at affordable housing cost to persons and families of low or moderate income shall be available at affordable housing cost to, and occupied by, very low income households. At least fifteen percent (15 %) of all new and substantially rehabilitated dwelling units developed within the Project Area by public or private entities or persons other than the Agency shall be available at affordable housing cost to persons and families of low or moderate income. Not less than forty percent (40 %) of the dwelling units required to be available at affordable housing cost to persons and families of low or moderate income shall be available at. affordable housing cost to very low- income households. To satisfy these inclusionary requirements, the Agency may cause, by regulation or agreement, to be available at affordable housing costs to persons and families of low or moderate income or to very low - income households, as applicable, two units outside the Project Area for each unit that otherwise would have had to be available inside the Project Area. The Agency may also aggregate new or substantially rehabilitated dwelling units in one or more Project Areas, provided that the Agency finds, based on substantial evidence, after a public hearing, that the aggregation will WEST SAN LEANDRO/MACARTHUR BOULEVARD PAGE 19 REDEVELOPMENT PROJECT AREA REV 2999;22399;22599; 3269% 33099:040199;0615995n1