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Item 18 - Permanent Supportive Housing Project at 918 Bewley Street
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Item 18 - Permanent Supportive Housing Project at 918 Bewley Street
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10/8/2024 5:18:01 PM
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10/8/2024 4:57:55 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
18
Date
10/15/2024
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defined in the Regulatory Agreement. Any change to the number or distribution of <br />Affordable Units is subject to City Manager approval. <br />1.1.5 "Agreement" means this Affordable Housing Regulatory <br />Agreement and Declaration of Covenants and Restrictions. <br />1.1.6 "City" means the City of Santa Ana, California <br />1.1.7 "City Council" means the City Council of the City of Santa <br />Ana. <br />1.1.8 "City Attorney" means the City Attorney for the City of <br />Santa Ana. <br />1.1.9 "City Manager" or “Acting City Manager” means the <br />City Manager for the City of Santa Ana. <br />1.1.10 "City's Planning Commission" means the Planning <br />Commission for the City of Santa Ana. <br />1.1.11 "Owner" means Illumination Foundation, a California <br />nonprofit corporation, and its permitted successors and assigns to all or any part of <br />the Property, Project or this Agreement. <br />1.1.12 "Effective Date" means the date the Owner and the City <br />shall record or cause to be recorded in the Official Records for Orange County, <br />California, an executed original of this Agreement, pursuant to section 4.1 herein. <br />1.1.13 "Eligible Household" means a Qualified Resident who <br />meets the requirements for residing in an Affordable Unit and all persons within <br />the same family unit of the Qualified Resident, subject to the eligibility and <br />occupancy standards as set forth herein. <br />1.1.14 “Extremely Low Income”means an adjusted income that <br />does not exceed thirty percent (30%) of the area median income for the Orange <br />County, California PMSA, adjusted for household size, as published by HUD. <br />1.1.15 “Extremely Low Income Household” means a Household <br />whose income qualifies as Extremely Low Income, adjusted for household size, as <br />published by HUD. <br />1.1.16 “Gross Household Income” means all income from <br />whatever source for all Qualified Residents who are part of the same Eligible <br />Household, which is anticipated to be received during the 12-month period <br />following the date of the determination of Gross Household Income. The applicable <br />sources of income are defined in California Code of Regulations Title 25 Housing <br />and Community Development Section 6914. <br />EXHIBIT 2
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