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6. [Section 212.6] Provision of Down Payment for Peace Officer's Purchase <br /> of Principal Residence <br /> The Legislature has authorized redevelopment agencies in specified counties, <br /> including Alameda County, to provide the down payment for a peace officer's <br /> purchase of a principal residence in an urban neighborhood. <br /> The following definitions shall control the construction of this Section: <br /> "Crimes" means those crimes reported in the California Crime Index prepared by the <br /> Department of Justice. <br /> "Peace officer" means a peace officer as defined in Section 830 of the Penal Code who <br /> is employed by the City and whose income at the time of the purchase does not <br /> exceed 120 percent of the area median income, adjusted for family size pursuant to <br /> Health and Safety Code 50093. <br /> "Urban neighborhood" means territory with the Project Area that is all or a portion of <br /> a census tract designated by the Agency, after consulting with the City's law <br /> enforcement officials, where the number of crimes per capita in the census tract over <br /> the last year is at least 10 percent greater than the number of crimes per capita <br /> countywide, over the last year. <br /> From the Low- and Moderate - Income Housing Fund or any other source, the Agency <br /> may provide up to 100 percent of the down payment for the purchase of a principal <br /> residence by a peace officer in an urban neighborhood. The down payment shall not <br /> exceed 20 percent of the purchase price of the residence. The peace officer shall <br /> occupy the residence as his or her principal residence for at least 10 years. If, during <br /> those 10 years, the peace officer ceases to be employed by the City or establishes <br /> another principal residence, he or she shall repay the Agency a prorated amount of <br /> the down payment, based on the time remaining, subject to the provisions of Health <br /> and Safety Code Section 33334.21. <br /> The Agency may adopt any rules, regulations, or limitations necessary to implement <br /> this Section. If the Agency provides such down payments, it shall prepare the report <br /> required by Health and Safety Code Section 33334.21(k). <br /> WEST SAN LEANDRO/MACARTHUR BOULEVARD PAGE 22 <br /> REDEVELOPMENT PROJECT AREA <br /> REV 2999,22399;22599; 32699; 33099.04019%0615 <br /> • 4 <br />