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• 2.24.010 Chapter 2.24 and implemented by the county. (Ord. 93 -012 § 432, 1993) LOW AND MODERATE INCOME HOUSING 2.24.030 Replacement housing. To the extent required by Health and Safety Sections: Code Sections 33413 and 33413.5, whenever 2.24.010 Definition of terms. dwelling units housing persons and families of 2.24.020 Authority generally. low or moderate income are destroyed or 2.24.030 Replacement housing. removed from the low and moderate income 2.24.040 New or rehabilitated housing market as part off a redevelopment • dwelling units developed project which is subject to a written agreement within the project area. with the agency or where financial assistance 2.24.050 Duration of dwelling unit has been provided by the agency, the agency availability. shall, within four years of such destruction or 2.24.060 Relocation housing. 2.24.070 Tax increment funds. removal, rehabilitate, develop or construct, or cause to be rehabilitated, developed or 2.24.010 Definition of terms. constructed for rental or sale to persons and families or low or moderate income an equal • The terms "affordable rent," "replacement number of replacement dwelling units at dwelling unit," "persons and families of low affordable housing costs as defined by Section or moderate income" and "very low income 50052.5 of the Health and Safety Code, within households" as used herein shall have the the territorial jurisdiction of the agency. • meanings as defined by the Community Seventy -five percent (755 of the replace - Redevelopment Law, and other state and local ment dwelling units shall replace dwelling laws and regulations pertaining thereto as units available at affordable housing costs to amended from time to time. (Ord. 93-012 § the same income level of very low income • 431, 1993) households, lower income households and persons and families of low and moderate 2.24.020 Authority generally. income as the persons displaced from those The agency may, inside the incorporated destroyed or removed units. (Ord. 93 -012 § sections of project area or the city, acquire 433, 1993) land, donate land, improve sites, construct or rehabilitate structures, and undertake other 2.24.040 New or rehabilitated activities authorized by the Redevelopment dwelling units developed Law to provide or rehabilitate housing for within the project area. persons and families or low or moderate While the housing programs to be income, and may, in the unincorporated implemented in the project area will • portion of the project area, finance the cost of emphasize rehabilitation and home ownership the above - described activities to be approved assistance as a priority, state law requires the following standards for the project: 76