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li. It is anticipated that four single - family homes will be developed in Historic <br />Heninger Park during the near term. These homes have been designed <br />in collaboration with the residents to insure that the homes will be <br />compatible with the surrounding historic homes. <br />b. Santa Ana Boulevard Specific Plan Area Affordable Housing Activities: <br />I. The Agency has begun assembling properties in the Specific Plan area <br />for the subsequent development of new ownership housing units. It is <br />currently anticipated that these sites will be sold to developers for the <br />subsequent development of +/- 300 townhouse and condominium units. <br />These projects will be targeted to moderate income households. <br />ii. The Agency intends to purchase existin p ment buildings within the <br />Specific Plan area. These projects then b sold to non - profit <br />developers that will rehabilitate then op ate the projects. It is <br />anticipated that approximat 65 u i be rovided to very-low and <br />low income tenants over a 5 -y r covenan er d. <br />C, Special Needs Housing velo ent. The A cy is a sls g a non - profit <br />development team in the n w ns ucti o 40 -unit ap ment project that will <br />provide housin ore me to n er to ' ncome disabled residents. <br />d. Multi -famil R Sid tia Ac uisl'on and eh il' ation Programs: In partnership <br />wit arious n ro an -pr fit vel ers, the Agency anticipates <br />C tinui n a sitio d re ilit tion program for multifamily properties. <br />The ele ed eve rs ill re onsible for the rehabilitation and ongoing <br />mane me to he oje s, and the projects will be subject to income and <br />affordabi' y c ve ant th ill remain in place for a minimum of 55 years. It is <br />anticipated at 200 its will be provided during the Implementation Plan term. <br />e. Neighborhood improvement Program: <br />The Agency will continue to offer the Neighborhood Improvement <br />Program, which stabilizes transitional neighborhoods through the <br />improvement of existing residential structures and preservation of existing <br />stock. The Program provides assistance to low and moderate income <br />households throughout Santa Ana. <br />ii. The Neighborhood Improvement Program also eliminates blighting <br />conditions in targeted neighborhoods by increasing on -site management, <br />reduction of overcrowding and rehabilitation of housing units. <br />Santa Ana Community Redevelopment Agency Implementation Plan Keyser Marston Associates, Inc. <br />For the Merged Santa Ana Redevelopment Project Area July 1, 2005 to June 30, 2010 <br />Page 38 <br />0504021. SA.KH H.J LR. gbd <br />19 090.004, 001 /4/22/2005 <br />