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Goal
●
Achieve
and maintain a mix of affordable, livable and green
housing types throughout the city for people of all
socio-economic / cultural / household groups
(including seniors, families, singles, and
disabled).
How are we doing?
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2005 |
2006 |
2007 |
2008 |
|
Grade |
D- |
D |
D |
C |
|
Effort |
A |
A |
A |
A |
Since 1999, the city has lost
the affordability of more than half of its rent
controlled housing units due to state-mandated
vacancy decontrol. The controlled housing stock
affordable to low and very-low income residents
continues to decrease from 86% before state-mandated
vacancy decontrol in 1999 to 40% in 2006. This
factor, combined with sustained upward pressure on
real estate prices, has severely reduced the
availability of affordable housing. However, the
city’s progressive legal protections, such as the
just-cause eviction protections in rent controlled
units, have contributed to keeping 40% of the
controlled units affordable to low and very-low
income tenants. In addition to preserving the
existing stock of affordable rental units, the city
is investing in the development of new affordable
housing. The Housing and Redevelopment Division
financed almost $16 million for the production of
more than 60 units of affordable housing in three
projects. Design development for the Civic Center
Village is underway and will include at least 160
affordable housing units. The consistent grade
reflects the continued loss of housing affordability
while recognizing the significant accomplishments
being made in both retaining existing and providing
additional housing units affordable to low income
residents.
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