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Inst 2011078219
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Inst 2011078219
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4/15/2011 4:48:22 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agreement
Document Date (6)
3/9/2011
Recorded Document Type
Deed
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PERM
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Agmt 2011 RDA
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\City Clerk\City Council\Agreements\2011
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• <br /> 2.24.050 <br /> To the extent required by Section 33413 of 433 and 434 shall remain available for persons <br /> the Health and Safety Code, at least thirty and families to the extent and for the period(s) <br /> percent (30 %) of all new or rehabilitated required by Health and Safety Code Sections <br /> dwelling units developed within the project 33334.3(e) and 33413. (Ord.•93 -012 § 435, <br /> area by the agency shall be for persons and 1993) <br /> fami l les of low or moderate income; and of <br /> such thirty percent (30 %), not less than fifty 2.24.060 Relocation housing. <br /> percent (50 %) thereof shall be for very low If insufficient suitable housing units are <br /> income households. At least fifteen percent available in the project area for use by persons <br /> (15 %) of all new or rehabilitated units and families of low and moderate income <br /> developed within the project area by public or displaced by the project, the agency may, to <br /> private entities or persons other than the the extent of that deficiency, direct or cause <br /> agency shall be for persons and families of the development, rehabilitation or construe- <br /> low and moderate income; and of such fifteen tion of housing units within the city or county, <br /> percent .(15 %), not less than forty percent both inside and outside of the project area. <br /> (40 %) thereof shall be for very low income (Ord. 93 -012 § 436, 1993) <br /> households. The percentage requirements set <br /> forth in this section shall apply in the 2.24.070 Tax increment funds. <br /> aggregate to housing in the project area and <br /> • <br /> not to each individual case of rehabilitation, Except as otherwise provided in Health and <br /> development or construction of dwelling Safety Code Section 33334.2 and, to the <br /> units. <br /> extent applicable, Health and Safety Code <br /> Section 33334.6, not less than twenty percent <br /> The agency shall require, by contract or <br /> other appropriate means, that whenever any (20 %) of all taxes which are allocated to the <br /> low and moderate income housing units are <br /> agency pursuant to Health and Safety Code <br /> developed within the project area, such units Section 33670 shall be used by the agency for <br /> shall be made available on a priority basis for the purpose of increasing, improving and <br /> preserving the city's and county's supply of <br /> rent or purchase, whichever the case may be, housing for persons and families of low or <br /> to persons and families of low and moderate <br /> • <br /> income displaced by the project; provided, <br /> moderate income and very low income <br /> however, that failure to give such priority <br /> households in accordance with the provisions <br /> shall not affect the validity of title to the real of Health and Safety Code Section 33334.3. <br /> property upon which such housing units have (Ord. 93-012 § 437, 1993) <br /> • been developed. (Ord. 93 -012 § 434. 1993) <br /> 2.24.050 Duration of dwelling unit <br /> availability. <br /> The agency shall require that the aggregate <br /> number of dwelling units rehabilitated, <br /> developed or constructed pursuant to Sections <br /> 77 <br />
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