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Attachment B <br />Name of Program <br />Objective <br />Timeframe in KE <br />Status of Program Implementation <br />B. Maintain up-to-date density bonus <br />24. Density Bonus <br />information on the City's website to provide <br />developers with information on the <br />Ongoing <br />The City's current Density Bonus application is available on the website and directs <br />Ordinance Update <br />opportunities to develop affordable housing <br />affordable housing developers to the site for more information. <br />using state density bonus law. <br />C. Prepare and make density bonus <br />24. Density Bonus <br />application determinations within three <br />months of application submittal to the <br />In 2024, the City made density bonus application determination within thre emonths of <br />Ordinance Update <br />review/approval body, contingent upon any <br />Ongoing <br />application submittal contingent upon other discretionary actions required for project <br />other discretionary actions required for <br />approval. <br />approval of the project. <br />The Community Development Agency's Housing Division continues to manage <br />Inclusionary Housing Plans for new projects per the Affordable Housing Opportunity & <br />Creation Ordinance (AHOCO). In October 2024, as part of the Related Bristol Specific <br />Plan project, the city facilitated discussions with the developer to ensure awareness of <br />A. Continue to offer incentives beyond the <br />available incentives. The development agreement for the Related Bristol Specific Plan, <br />requirements of the City's inclusionary <br />which encompasses a mixed -use urban village with up to 3,750 residential units, <br />housing ordinance, known as the Affordable <br />includes provisions for affordable housing contributions through in -lieu fees of $5 per <br />25. Affordable Housing <br />Housing Opportunity & Creation Ordinance <br />square foot of habitable residential space. This fee structure, contingent on the timely <br />Opportunity & Creation <br />(AHOCO). The city will continue to promote <br />Ongoing <br />payment of a $22 million community benefit payment, is designed to generate between <br />Ordinance (AHOCO) <br />the program via the City's website and with <br />$9.4 million and $18.75 million for affordable housing initiatives in Santa Ana. <br />developers. Every developer that brings a <br />project forward will be made aware of the <br />Through the approval process of the Related Bristol Specific Plan, the city ensured the <br />incentives available at the time. <br />developer was fully informed of available incentives at every stage of project planning. <br />Additionally, the planning process integrated policies to support affordability, including <br />potential oversight mechanisms for community benefit allocations and an evaluation of <br />inclusionary housing requirements for specific project components, such as senior <br />continuum care units. <br />B. Collect and leverage in -lieu fees with <br />other sources to support the production <br />In CY 2024, no in -lieu fees were collected, as developers opted to build the required <br />25. Affordable Housing <br />and/or rehabilitatin of affordable housing <br />o <br />affordable units on -site rather than pay fees. The City remains committed to leveraging <br />Opportunity & Creation <br />for extremely lowvery low - and low <br />, <br />Ongoing <br />available funding sources to support the production and rehabilitation of affordable <br />Ordinance (AHOCO) <br />income families with a goal of funding eight <br />housing for extremely low-, very low-, and low-income families and will continue to <br />projects for the planning period. <br />monitor and allocate resources as opportunities arise. <br />