Redevelopment Agencies > Monterey (city)
Monterey (city)
|
Total |
Warning Signs | ||
|---|---|---|---|
|
For fiscal years spanning 2000-2001 to 2007-2008 |
Failed to develop land within five years 
|
Spent more than half their money on "planning"
|
Spent at least $100,000 of budget and built no units
|
| $11,478,996 |
|
|
|
Population:
29,773
Residents
in Poverty:
7.1%
Source: Census 2000
Contact this agency:
City Hall, Housing & Property Management
Monterey, CA 93940
Source: California Redevelopment Association
Website as of 2010; Address as of 2008
Jump to: Housing Units | Land Holdings | Spending | Nearby Agencies
Housing Units (back to top)
- 1 used covenants
- 0 used subsidies
- 0 used funds allocated for mobile homes
- 47 built
- 18 rehabilitated
- 0 destroyed
Land Holdings (back to top)
A state law requires land purchased for affordable housing to be developed within five years.
This agency has failed to develop:
- 1 parcel of land (about one acre) for more than five years
- 0 parcels of land for more than 10 years
Spending (back to top)
| Category |
Spending |
Percent of Total |
Agency Average |
|||
|---|---|---|---|---|---|---|
|
At risk of becoming unaffordable |
$0 | 0% | 4.76% | |||
| Debt payments | $0 | 0% | 28.33% | |||
|
Land acquisition and site preparation |
$2,693,897 |
|
23.47% | 20.70% | ||
| Mobile homes | $0 | 0% | 4.79% | |||
| New | $419,711 |
|
3.66% | 19.18% | ||
| Other | $2,665,690 |
|
23.22% | 16.61% | ||
|
Planning and administration |
$2,271,071 |
|
19.78% | 23.57% | ||
Rehabilitation|
$0
|
|
|
0%
|
|
13.02%
|
|
| Rental subsidies | $3,428,627 |
|
29.87% | 19.33% | ||
| Total | $11,478,996 | 100% | N/A |
Nearby Agencies (back to top)
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|
Source: California Department of Housing and Community Development
Credits: Kim Christensen, Jessica Garrison, Michelle Minkoff, Sandra Poindexter, Doug Smith
