Item 19 - Density Bonus Agreement No. 2025-02 - Santa Ana 9 Townhomes

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VTTM No. 2025-02 and DBA No. 2025-02 — Santa Ana 9 Townhomes (125 and 205 S. Harbor Blvd.) April 28, 2025 Page 13 o Policy LU-4.7 Diverse Communities — Promote mixed -income developments with mixed housing types to create inclusive communities and economically diverse neighborhoods. • Goal HE-2: Housing Supply and Diversity — A diversity of quality housing, affordability levels, and living experiences that accommodate Santa Ana's residents of all household types, income levels, and age groups to foster an inclusive community. o Policy HE-2.5 Diverse Housing Types — Facilitate diverse types, prices, and sizes of housing, including single-family homes, apartments, townhomes, duplexes, mixed/multiuse housing, transit -oriented housing, multigenerational housing, accessory dwelling units, and live -work opportunities. o Policy HE-2.7 Affordable Component — Pursuant to the Affordable Housing Opportunity and Creation Ordinance (AHOCO), require eligible rental and ownership housing projects to include at least 15 percent of the rental housing units as affordable for low-income households; or 10 percent of the rental units affordable to very low-income households; or 5 percent of rental units affordable to lower income households (5 percent to low-income, 3 percent to very low- income, and 2 percent to extremely low-income households); or at least 5 percent of the units in eligible ownership projects affordable to moderate -income households. Implement various strategies using the in -lieu fees generated by AHOCO to provide a wide array of affordable housing options. Affordable Housing Opportunity and Creation Ordinance The project exceeds the five percent (5%) affordable housing requirement for the ownership category of the City's Affordable Housing Opportunity and Creation Ordinance (AHOCO) by providing four (4) onsite units to be affordable to moderate -income (80- 120%) households and significantly enhancing the opportunity for income eligible Santa Ana households to own a home in the City at a lower cost. The units will be dispersed throughout the community. The affordable units will be two (2) three -bedroom, three -bath units and two (2) four -bedroom, four -bath units. The proposed affordable units will be 1,352 and 1,610 square feet in size and will contain full kitchens, bedrooms, bathrooms, and open/common (living) areas. The developer's Inclusionary Housing Plan has been reviewed and approved by the City's Housing Division. Public Notification and Community Outreach Project notifications were posted, published, and mailed in accordance with City and State regulations. Copies of the public notice, including a 1,000-foot notification radius map, and the site posting are provided in Exhibit 13. In addition, staff contacted the provided contacts for the Riverview West and Santa Anita neighborhood associations to ensure