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17 <br /> SECTION VI <br />ADDITIONAL COMMUNITY <br />BENEFITS TO THE CITY <br /> <br /> <br /> <br />Related Bristol at 3600 South Bristol Street September 27, 2023 <br />Community Benefits Analysis Report <br /> <br />www.FinanceDTA.com <br />Table 4: Pre-Project and Post-Project Permanent Jobs /Housing Balance in Santa Ana <br />Description Citywide Average Statewide <br />Average Pre-Project Post-Project <br />Number of Permanent Jobs 141,543 6 143,129 18,536,600 <br />Number of Housing Units 82,058 86,008 14,711,648 <br />Existing7 82,058 82,058 14,707,698 <br />New N/A 3,750 3,750 <br />Jobs /Housing Balance 1.725 1.664 1.260 <br /> <br />Figure 6 : Pre -Project and Post-Project Jobs/Housing Balance <br /> <br />In addition to these recurring permanent jobs, during the construction period (up to <br />10 years), estimated construction activity will generate approximately $2.6 billion of <br />additional spending, much of which will occur in the City. In a typical construction project, <br />much of the material is purchased from local vendors and labor is provided by locally based <br />contractors. Of course, when a developer pays for planning fees, deposits, permits and DIFs <br />this is paid directly to the City. As a result of these expenditures, a total of 16,834 <br />construction-related jobs will be created during the construction period. <br />G Affordable Housing <br />As part of the Specific Plan, the Developer will be providing affordable housing, including <br />dwelling units targeted to low-income households. The Developer will work with <br />community representatives to identify affordable housing needs and develop programs that <br />will encourage local residents to benefit from low-cost housing offerings in accordance <br />with State laws, ordinances, and regulations. <br />The State of California has placed an urgent emphasis on housing of all types. The City’s <br />Regional Housing Needs Allocation (“RHNA”) for the next General Plan Housing Element <br />cycle, which extends from 2021‐2029, includes 3,137 new housing units. <br /> <br /> <br />6 Spotlight by Environics Analytics, Employment Profiles by NAICS Code 2022. <br />7 Labor Market Information Division, State of California Employment Development Department. <br />Exhibit 10 <br />  <br />  <br />City Council 22 – 457 9/17/2024