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090704 Jt PH Adotpion Amend Merger SA Redvlp Proj Areas EXHIBIT 2
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090704 Jt PH Adotpion Amend Merger SA Redvlp Proj Areas EXHIBIT 2
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I <br />r <br />Five -Year Implementation Plan <br />Amended February 2003 <br />Page 51' <br />EXHIBIT 4 <br />ANTICIPATED PRODUCTION REQUIREMENTS <br />(2003 -2009) <br />At least 30 % of all new and substantially rehabilitated dwelling units developed by an agency <br />shall be available at affordable housing cost to persons and families of low and moderate 2 <br />income and shall be occupied by these persons and families. <br />2 At least 15 % of all new and substantially rehabilitated dwelling units developed within a project <br />area shall be available at affordable housing cost to persons and families of low and moderate <br />income and shall be occupied by these persons and families. <br />3 Not less than 50% of the dwellings required to be available at affordable housing cost to <br />persons and families of low and moderate income and shall be occupied by very low income <br />households. <br />4 Not less than 40% of the dwellings required to be available at affordable housing cost to <br />persons and families of low and moderate income and shall be occupied by very low income <br />households and shall be occupies by these persons and families. <br />Page 120 of 190 <br />EXHIBIT 4 <br />AGENCY DEVELOPED <br />NON AGENCY DEVELOPED <br />TOTAL <br />TOTAL DEVELOPED <br />111 <br />443 <br />554 <br />OBLIGATION <br />34 1 <br />67 2 <br />101 <br />VERY LOW <br />17 3 <br />24 4 <br />44 <br />ILOW <br />17 3 <br />40 4 <br />57 <br />At least 30 % of all new and substantially rehabilitated dwelling units developed by an agency <br />shall be available at affordable housing cost to persons and families of low and moderate 2 <br />income and shall be occupied by these persons and families. <br />2 At least 15 % of all new and substantially rehabilitated dwelling units developed within a project <br />area shall be available at affordable housing cost to persons and families of low and moderate <br />income and shall be occupied by these persons and families. <br />3 Not less than 50% of the dwellings required to be available at affordable housing cost to <br />persons and families of low and moderate income and shall be occupied by very low income <br />households. <br />4 Not less than 40% of the dwellings required to be available at affordable housing cost to <br />persons and families of low and moderate income and shall be occupied by very low income <br />households and shall be occupies by these persons and families. <br />Page 120 of 190 <br />EXHIBIT 4 <br />
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