80A - TRANSIT CODE AND STATION DISTRICT - EXHIBIT A

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C~ra~ter ~ St~ternent o~~verrfa~lr~~ Cor~sfderat~ons 3~ dwelling units per acre in order to r]~eet the densit~~ criteria tl]at HCD has establ€shed as being suppard.~~e of affordable housing production. The Cit~r's Hausir] ~;lemer~t ider~tif~ed tl~e Renaissaf~c Specific Plan area, ~~rl~ich sl~a~•cs tl~e same geographic boundar~~ as tl~c T'~•ansit Zoning Code area, as ane that has the patenti.al to pra~ride a ne~~r source of residential in-f~l de~Telopment and, as such, eras used to partill~~ satfsf~? the Cit~r's RHO requrter]~ent. During the planning period ca~~ered b~F the Housing ~,lement ~2aaG-2~~~ it is esti#]~ated tl~at the Cit~r could anticipate up to 23S ur7its o£ ne~~T ~.~csider~tial de~relapzx~ent, T'l~~'ougl~out the lifc of tl~e Transit Zoning Code {a planning hari~on of 20 to 3D ~rears~ it is estimated that there could be as mar]~r as ~,~7 ne~v residential units, a pardon of 4vhicl] could be expected to meet affardabilit~~ requirements Tl]e Proposed Project in~ple~nents the ~Iausing dement and pro~~ides tl]e ~o~ir] r]ecessar~r to stimulate neuT affo~•dable housing production, The De~relape~• Project corx~porxent of tlxc Pr:aposcd I'raject ar~d tl~e ll~ler~c~z douse project ~~~ll pra~ride up to 220 ne~~r residential units. ~s currer~tl~r desfr~ed tl~cse projects ~~~ill pr•o~Tide ICI rental units affordable to tl~ose meeting tl~c ~r'ange Count~~ crite~'ia fo~• fao~~~, ~~c~~F-I~o~~T and Ii~~tx•en~el~T ~,ouF Inco~x~c, th~•ec ~x~a~•l~ct ~•ate ~,~c~]tal units, sip fo~•-sale units af~'ordable to those meeting the ~~•ange Caunt~~ criteria for 11r1oderate Incax~~e, and 25 xriar~ket-rate for-safe units rI'his creates a combined total of 1~G near residential units. f these, 127 be deedRrestricted affordable housing and ~~rill be co~~nted to4~~arcls the City?'s RI~~ re~uiren~er]t. ~I'hese I27 affordable units represent 5~°/a of all ne~~r units estit~]ated to be constructed ~~ritl]in the 2~~C-2~~4 planning hori~ar] of the Housing Hlement for the Transit Zoning Cabe area and represent ~~°l~ of the Cit~~'s total RHO requirement for ~~ef~t ~,aw and Lo~v Yncome hauling {~,2GS units ~ Cit~z of Santa tuna Housing ~len-~ent 2D~6Y20~~ Table This ~s a s~gn~#`icant cai]trib~~tioi] to ~]~eeting bath the State mandated requiretents for affordable housing production, as well as f~eetir]g a real need far the resider]ts of Santa t~na~ ~n addition, the ~4rierc~~ ~~ouse project X12 of the X27 pre~riouSl~~ described units meets the City?'s cr~ter~a for peclal Deeds hous~r], also identified as a creed. in the dousing Hle~nent. Failure to appro~Te the De~relaper Project ar]d the 11~1erc~? House project ~~~iil elhninate an itl~portant ne~~T source of a.ffardahle housi~] and special needs housing. k. The ~e~7eloper I~raject furthers the Cit~~'s palic~r of ~`ma~tt]~i~[ir]g affordable Housing an ~genc~~4 a~~t]ed properties that is of 1]ih qualit~r, sustair~ablc, and a~railable to ~rarfous ~r]cot]~e le~~els." See Santa Ana ~Iausin ~lemer~t [~~~-20~~, Palic~z HE-.~.~ It greets the Cit~~'s polic~r to "er~courag~ tl~e car~struction of rental housing fa~• Santa ~~r~a's residents ar~d 4~'ar~force, including a eotrrY~.itt~~ent to ~re~~f lo~~T, lo~T aid ~~.ode~iatc incon~e residents a~~d ~~oderate inca~r~c Santa ~~na ~~~or•~er's" ~I'olic~r HH-~~~~ and its palic~r to "facilitate and e~~co~~~+ac a dl~re~'sit~~ a.rxd xar~gc i~~ t~~pcs, pr~ccs, and sizes of housing, including single-fa~nil~T hones, apartments, to~~~r~ hoes, zr~i~ed~multi- use housing, transit-oriented. de~Telaprner~ts, and li~re~~~~ork l~ousir~g" ~l'alic~7 HE-,4~. See Sa~~ta ~r~a Housi~~g Hletxrent [200G-2~I~~~~ T'l~e Transit ;oni~xg Code co~rrponent of tl~c P~•oposed Project acco~nplislaes this bar creating ~onir]g anal a~`fordablc housing incer~ti~~cs that supports the de~Teloprnent of Ile~~r affordable housing bar allo~ng far der]sl~es ~~~l~ich pro~~ide the ecan.amie of scale necesar~~ to allo~~? for belo~~r-market construction. '1'he'r'rans~t ~orung Code also pro~rrdes for a wide ~?ariet~F of hauling t~?pes ~~rl]ich includes e~~er~ttlung from sir~gle~fa~~.il~? detached houses to l]ih~rise ~ni~edYu.se de~~elapn-~er]t, B~~ alla~~in far a mixture of uses both 17or1~antalllr an single properties, and ~~eY+ticall~T ~~~tl~it7 single ~buildit~s, tl~e T~'ar~sit ~or~in Code pra~~ides oppor't~~r~ities for' a di~~ersc xx~i~ of housing in fu~itl~crance of the Cit~F's Houirag I ~le~~~c~~t. ~'l~c I~c~~elo~~e~• ~'~~ojcct component of the Proposed Project accomplishes this b~T pra~rld~ng 12~- ile~~~ rental units and 32 ne~~~ farRsale units. ~f these units, 127 ~~rill be deed restricted to ensure their lorrg~tern~ affordabilit~r, This ne~~F housing is ca~np~•ised of a ~ra~,'iet~r of product t~Tpes i~~cludin caurt~Tard Transit honing Code LSD 84~ FIB Findings of ~ac'~tetemer~~ of ~verr~ding Considerat~ans 4_~