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South Bead Redevelopment Commission <br />Special Meeting —June 19, 2007 <br />2. NEW BUSINESS (CONY.) <br />B. Northeast Neighborhood Development Area <br />(1) continued.. . <br />errdfor a variety of income levels. <br />Requirement : At least one-third 13 of the <br />parcels in the allocation area established by <br />the program are vacant. - Compliance: Of the <br />171 parcels{ in Allocation Area #2, 81 (47.40 are <br />presently vacant. <br />Requirement 7: At least seventy -five percent <br />(75%) of the allocation area is used for <br />residential purposes or is planned to be used <br />for residential purposes. C'ompliarrce; At least <br />seventy - i e percent , of Allocation Area #2 is <br />used for residential purpos on is planned to be used <br />for residential purpo e . <br />Requirement : At least ore -third 1 of the <br />residential units in the allocation area were <br />constructed before 1941. Compliance: Of the <br />residential units in Allocation Area #2, 40 (53.3%) <br />were constructed before 1941. <br />Requirement 9: At least one-third. (1/3) the <br />parcels in the allocation area have at least <br />one f of the following characteristics: <br />Co mpliance; Of the 171 parcels in Allocation Area <br />#2, 82 pareels or of the parcels have at least one <br />1 of f the folior ing characteristics: <br />9A The duelling unit on the parcel <br />is no.t permanently occupied. Compliance: 3 <br />parcels have a dwelling await that is notp rma entiy <br />occupied. <br />9(B) The parcel is the subject of <br />governmental order, issued under a statute or <br />an ordinance., requiring the correction of a <br />housing code violation or unsafe building <br />condition. C'omplianee; 63 parcels are the subject <br />3 <br />