Item 23 - Public Hearing - FY 2025-29 5 Year Plan, Annual Action Plan for CDBG, HOME, and ESG Programs

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Orange County 249 25-29 Regional AFH M. Lake Forest Issue: Disparities in Access to Opportunities While residents overall have relatively good access to opportunities, compared to the region, residents living below the FPL in the city generally have less access to opportunities than the rest of the population. Contributing Factors: 1. Lack of opportunity due to high housing costs. 2. Lack of access to public transportation. Actions: Timeframe: Increase housing supply in high opportunity areas through the following actions: 1. Implement Program 1: Land Use Policy, Entitlements, and Development Capacity (Shortfall Program), to rezone sites to accommodate new residential and mixed-use development at densities consistent with the City’s General Plan (adopted in 2020) to meet the City’s RHNA at all income levels. 2. Implement Program 2: Monitor Residential Capacity (No Net Loss), to ensure that replacement sites identified to continue to accommodate the City’s remaining RHNA throughout the planning period are consistent with the City’s duty to affirmatively further fair housing. 3. On an ongoing basis, actively recruit residents from neighborhoods of concentrated poverty to serve or participate on boards, committees, and other local government bodies as positions are made available due to the regular appointment process or vacancies. Between 2021-2029, the City’s goal is to promote the development of 1,648 new units (including 303 lower income units and 167 moderate income units, consistent with the City’s Quantified Objectives for 2021-2029) with 75% of the new units located in areas of moderate or high opportunity; rezone 158 acres to allow for the development of up to 2,965 multifamily units, with 75% of the units located in areas of moderate or high opportunity; and increase the number of applications from residents living in low or moderate resource areas for open Board and Commission positions by 20%. Preserve existing affordable housing opportunities and prevent displacement through the following actions: 4. Implement Program 4: Replacement of Affordable Units, to ensure that affordable units that are removed from the City’s housing stock are replaced in accordance with state law. 5. Implement Program 5: Facilitate Affordable and Special Needs Housing Construction, to encourage the development of housing units to serve the needs of larger Between 2021-2029, the City’s goal will be to maintain at least 202 affordable housing units in the City; increase the proportion of new multifamily units that are 3 or more bedrooms by 10%; promote the develop of 70 new extremely low income housing units (consistent with the City’s Quantified Objectives for 2021- EXHIBIT 6