2014-006 - Santa Ana General Plan Housing Element and Public Safety Element Updates

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PROGRAM EVALUATION GOAL 3. HOUSING ASSISTANCE Santa Ana's housing vision affirms a socially and economically diverse city of renters and homeowners. Given the income levels and diverse needs of residents, achieving the City's vision underscores the need for an aggressive assistance program. The following are key accomplishments. Affordable Housing Acquisition, Rehabilitation, Preservation The City has 2,500 assisted developments, providing affordable housing to seniors and families, ofwhich one -third are at risk of conversion. The Santa Ana Housing Authority was successful in preserving or expanding its affordable housing portfolio. The following projects were acquired, rehabilitated, or preserved for an additional 55 years. • Wycliffe Towers. Preserved the 200 -unit Wycliffe Towers as affordable to lower income seniors, with financing of more than $30 million in tax - exempt bonds and low income housing tax credits. • Ross Durant. Acquired, rehabilitated, and deed restricted the 28 -unit Ross Durant Apartments as affordable to lower income families, with $13 million in HOME, Tax Increment, tax exempt bonds, and tax credits. • Townsend Raitt. Acquired, rehabilitated, and deed restricted this 51 -unit project as affordable to lower income families, with financing from $8 million in HOME, Tax Increment funds, and developer contribution. • Wilshire /Minnie. Acquired, rehabilitated, and deed restricted the 58 -unit project as affordable to lower income families, with $19.1 million in financing from HOME funds, tax exempt bonds, and tax credits. • North Lacy. Acquired, rehabilitated, and preserved the 26 -unit North Lacy project as affordable to lower income families, with $5.2 million in HOME funds, Tax Increment, tax exempt bonds, and tax credits. Rental Assistance The Santa Ana Housing Authority (SAHA) implements a significant number of vouchers. This includes 2,682 housing vouchers. The Housing Authority continues to manage specialized rental assistance programs within its overall allocation of vouchers. This includes: ■ 50 clients enrolled in the HOPWA program ■ 150 clients enrolled in the Family Self- Sufficiency program ■ 200 clients enrolled in the Non - Elderly Disabled (NED) program CITY OF SANTA ANA GENERAL PLAN HOUSING ELEMENT Wycliffe Towers is an affordable senior project that was at risk of conversion during the 2006 -2014 planning period. Affordability was preserved for an additional 55 years. _J D -17