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Chapter 3 Findings Regarding Project Alternatives On balance, the reduction in impacts to shading and shadows provided by this alternative do not outweigh the costs associated with the loss of housing and retail opportunities that would also occur under this alternative. For these reasons, the City rejects Alternative 3 as infeasible. 3.4.2 Findings on Alternatives to the Proposed Transit Zoning Code Analyzed in the Draft EIR Alternatives 4, 5, and 6, described below, present alternatives to the proposed Developer Project. Under each of these Alternatives, the proposed Transit Zoning Code would remain the unchanged. The Lead Agency's findings on each alternative and the rationale behind each finding are set forth below. ■ Alternative 4: No Demolition of Agency Properties /Rehabilitate in Place Description This alternative would eliminate the demolition of structures on the fourteen parcels within the Station District currently owned by the City of Santa Ana Redevelopment Agency that were slated for demolition under the proposed Developer Project (see Figure 5 -1 [Demolitions]) and instead require that those properties be retained and rehabilitated in their current locations. Additionally, the City /Agency would not acquire any of the twenty parcels identified in Figure 5 -2 [Potential New Santa Ana Redevelopment Agency Acquisitions]. Upon completion of rehabilitation, the rehabilitated houses would be offered for -sale as low or moderate income housing. The proposed Transit Zoning Code would remain the same under this Alternative. In total, this Alternative would provide approximately 75 rental units and approximately 24 for sale units within the Station District, for a total of approximately 99 units. Of these, approximately 72 would be rented to low, very-low and extremely -low income households, approximately 19 would be offered for sale as low income units, and one would be offered for sale to those meeting the Orange County criteria for Moderate Income. (See EIR Appendix J (Updated) [Alternatives Testing: Financial Analysis], Table 1, Alternatives Analysis.) By contrast, approximately 124 units would be provided by the proposed Developer Project, of which 121 would be rented to low, very -low and extremely -low income households, and thirty two units would be offered for sale, of which six units would be offered for sale to those meeting the Orange County criteria for Moderate Income. (Id.) Findings The City= hereby finds that specific economic, legal, social, technological, or other considerations make the adoption of this alternative infeasible. Construction of affordable housing units is critical to meeting the City's Regional Housing Needs Assessment (RHNA) for 2006 -2014. The City's RHNA calls for 3,393 units of new residential construction, 694 of which are to be affordable to very low income households, 574 of which are to be affordable to low income households, and 665 to be affordable to moderate income households (EIR, Section 4.9). Alternative 4 would provide 37 fewer units that would be affordable to very -low, low and Revised Station District Project and FOL Settlement Agreement Findings of Fact/Statement of Overriding 3_9 Considerations 8OA -80