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SUMMARY TABLE <br />OWNERSHIP HOUSING DEVELOPMENT <br />HOO- IN -LIEU FEE ANALYSIS <br />SANTA ANA, CALIFORNIA <br />MARI(FI RAIF <br />Al TFRNATIVF <br />MODFRATF INCOMF <br />L Pro6ect Description <br />A. Site Area(Sf) <br />4?,960 <br />43,S6r1 <br />B. Total Units <br />36 <br />36 <br />C. Density (Units/Acre) <br />36 <br />36 <br />D. Total Units: (Five -Bedroom Units) <br />0 <br />0 <br />E. Gross Building Area (Sf) <br />G8,707 <br />68,707 <br />F. Number of Parking Spaces Provided <br />128 <br />128 <br />II. Development Costs <br />A. Property Acquisition Costs <br />$2,614,000 <br />$2,614,000 <br />Per Square. Foot of Land Area <br />$60 <br />560 <br />B. Direct Costs <br />$14,423,000 <br />$14,423,000 <br />Per Square Foot of GBA <br />5210 <br />5210 <br />C. Indirect+ Financing Costs <br />$S,417,000 <br />$5,343,000 <br />As a % of Direct Costs <br />39% <br />370A <br />Total Development Costs <br />$22,4S4,0ot) <br />$22,390,000 <br />Per Unit <br />5624,000 <br />5622,000 <br />III. Net Revenue <br />524,357,000 <br />$23,551,000 <br />IV. Devcloocr Profit <br />$1,902,000 <br />$1,171,000 <br />AS a'y of Total Development Cost <br />9.5/ <br />5.2'yr. <br />V. Supportable Inclusionary Housing Requirements <br />10% <br />VI. In -Lieu Fee Per Square Foot of Saleable Area <br />$13.00 <br />Prepared by: KQj1yNYxQUQ.Ss1L,Ae1 28 - 30 7/6/2021 <br />Fllcnumcc b2421SA'. 1000Wn;0Wn Som Page/ofg <br />