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the community's supply of housing available and affordable to households with low and moderate incomes. The Low and Moderate Income Housing Fund (LMHF) contains the totals of 20% of tax increment from all three project areas. The Agency has made appropriate findings to use these funds throughout the City. The LMHF is administered as one fund, and its programs and policies governing the expenditures are that of the Agency as a whole, rather than that of each project area. This funding is also referred to as the Set -Aside Fund. As of July 1, 2009, the Set -Aside Fund balance was $2,372,041. Table 9 shows that the Agency projects over $13 million in revenue dedicated to affordable housing over the next five years. Table 9 below shows estimated amounts available in the LMHF during the Implementation Plan Period: Table 9. Housing Set -Aside Proiections — FY2009 -2014 Fiscal Year Housing Set -Aside Funds (Tax Increment) 2009 -10 $2,617,576 2010 -11 $2,614,552 2011 -12 $2,642,519 2012 -13 $2,718,376 2013 -14 $2,795,610 Five Year Total $13,388,633 Source: San Leandro Redevelopment Agency; Urban Analytics There are many different requirements for affordable housing imposed upon the City by various public agencies (i.e., State, federal) with some of them overlapping with the Implementation Plan's requirements. The Housing Element of the General Plan is particularly important, because it provides a framework for the Implementation Plan to be consistent with the City's overall housing goals and objectives. IV. HOUSING NEEDS ANALYSIS A. Unmet Housing Needs The following demographic and housing data from the 2010 Housing Element Update identifies unmet housing needs in the community. This data will help the Agency identify targeting goals and objectives to help meet the Implementation Plan requirements. 1. Population, Age and Ethnicity The State Department of Finance indicates that San Leandro's population was 82,472 as of January 1, 2009. This is an increase of 3,020 residents (3.8 %) since the census of April 1, 2000. The City's average annual growth rate has slowed since the 1990s. The Census' American Community Survey (ACS) data indicates that the percentage of San Leandro residents who are 19 or younger has continued to increase since 2000. The ACS indicates that 25.9% of the City's residents were 19 or under in 2006. Younger families with children have been moving into the City in growing numbers since 1990