AB987 Summary Document

State of California Assembly Bill
State of California Assembly Bill (AB) 987, which became effective January 1, 2008, requires all redevelopment agencies to maintain a database of all affordable units receiving Housing Fund investments after that date. The City of Emeryville has 2 redevelopment project areas - the 1976 Project Area and the Shellmound Project Area.

Stipulations
In addition, AB 987 stipulates that all former redevelopment agencies create a document containing all properties that have received low and moderate income housing funds, and have active affordability restrictions. This document is available to the public and will be updated quarterly. Review the document online (PDF).