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developers (i.e., non - profit and for profit) and the City in achieving these goals. Pursuant to Health and Safety Code Section 33080.1(c), notable Agency- assisted housing activities for FY 2009 -10 include: • Financial Overview: Tax increment revenue for housing was $2.6 million in the 2009 -10 fiscal year, equal to 20 percent of Agency -wide tax increment revenue. Revenue for housing represents a 5.4% decrease from the prior fiscal year. • The non - profit developer Eden Housing, Inc., completed the construction of Estabrook Place, a new 51 -unit affordable senior apartment complex located at 2103 East 14 Street (and Estabrook Street) in Spring 2010. The property was fully leased up and occupied by June 30, 2010. Of these fifty (50) households, thirty -seven (37) households have lived or were currently living in San Leandro prior to moving into Estabrook Place. The Agency approved a $2 million loan in July 2007 to the nonprofit Eden Housing, Inc., • The Alameda at San Leandro Crossings, a proposed 100 -unit affordable rental housing development which is part of the mixed - income San Leandro Crossings master development, was delayed due to the current economic climate and newness of State Proposition 1C infrastructure grants awarded to the project. The nonprofit, BRIDGE Housing Corporation, who is the developer for The Alameda, had to return its federal low income tax credits, which were awarded by the State in September 2009, in late April 2010. Previously, the City Council approved a $9.1 million Redevelopment Housing Set -Aside development loan for The Alameda in April 2009. The City, Redevelopment Agency, BRIDGE, and the private developer continue to work together to move the development of San Leandro Crossings forward, and BRIDGE is planning to re -apply for tax credits in early 2011. The City Council approved entitlements and the Final Map for The Alameda in January 2010. • Two (2) low interest loans and twenty -four (24) grants were awarded through the Residential Rehabilitation Program, which is funded by Set -Aside Funds. Both of the loans were for extremely low- income, senior households. Of the 24 grants for minor home repairs, thirteen (13) were for extremely low- income and eleven (11) were for very low- income. Seventeen of the grants were for seniors. • The Agency approved twelve loans under the First Time Home Buyer (FTHB) down payment /closing cost assistance program. Three were for low- income and nine for moderate - income first -time homebuyers. To meet the increased loan demand, the City Council approved $131,000 in additional Set -Aside Funds in February 2009 for the program. • Under the FTHB Program, the Agency conducted two free homebuyer education seminars for potential first -time buyers. Overall, there were 135 certificates of completion awarded to households completing the seminars. The Agency also provided free one -on -one homebuyer counseling to 23 households all of whom