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This is another
slide shown to us by the director of Redevelopment Eric Crockett. We have
added the percentages. Staff and supplies eat up 39% of the money and 8.6% go
to loan payments this year. This is the money that is supposed to provide
housing for our low and moderate income population. Moderate income people
make 120% of the median income in San Diego County. Low income people make
80% of median income. Very low income people make 50% or less of median
income. This year the median income is $69,400 for a family of four. $62,450
for a family of three. $55,500 for a family of two and $48,600 for a family
of one.
There are dedicated housing units in the city which rent to people in these
income categories. Unfortunately they all have waiting lists and some of them
are still too expensive for people on fixed incomes or with minimum wage
jobs.
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