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Anaheim City Council OKs affordable housing plan
The 2009-2014 project's objectives include construction of rental, ownership units.
By Kristen SchottPublished: October 14, 2009 12:16 PM
Anaheim officials plan to build 3,112 new affordable rental and ownership housing units, as well as rehabilitate existing facilities in at-risk developments throughout the city by 2014.
The City Council yesterday approved the 2009-2014 Strategic Plan. It will build upon an earlier program that called for the construction of 1,562 units for households ranging in income from extremely low to moderate. Since it was adopted, 523 units have been completed, 192 are in construction and another 847 are in the pipeline.
The new plan includes completion of the original goal of 1,562 units, and it extends the project through 2014 and establishes a production target of 1,550 units. The total combined objective: to build a total of 3,112 such units.
Here's a breakdown of the new 2009-2014's production goals:
850 new construction rentals
Extremely low: 75
Very low: 375
Low: 150
Moderate: 250
400 new construction homeownership
Extremely low: 0
Very low: 50
Low: 250
Moderate: 100
300 rehabilitation of existing structures/preserve at-risk projects
Extremely low: 50
Very low: 100
Low: 100
Moderate: 50
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The City Council yesterday approved the 2009-2014 Strategic Plan. It will build upon an earlier program that called for the construction of 1,562 units for households ranging in income from extremely low to moderate. Since it was adopted, 523 units have been completed, 192 are in construction and another 847 are in the pipeline. The new plan includes completion of the original goal of 1,562 units, and it extends the project through 2014 and establishes a production target of 1,550 units. The total combined objective: to build a total of 3,112 such units. Here's a breakdown of the new 2009-2014's production goals: 850 new construction rentals Extremely low: 75 Very low: 375 Low: 150 Moderate: 250 400 new construction homeownership Extremely low: 0 Very low: 50 Low: 250 Moderate: 100 300 rehabilitation of existing structures/preserve at-risk projects Extremely low: 50 Very low: 100 Low: 100 Moderate: 50 NEXT PAGE >> Related headlines O.C.'s median home price rises in September 'OC METRO Minute,' Oct. 13: Irvine homes in demand 'OC METRO Minute,' Oct. 12: Foreclosure rate up in O.C. in August Anaheim nets $7 million grant for walkway linking biz center, Metrolink station |
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