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HOUSING RESOURCES <br />HOUSING PRESERVATION <br />As a built -out community, the City of Santa Ana has a large number of older <br />apartment projects that provide affordable housing to residents. In some cases, the <br />projects receive public subsidies and therefore are deed restricted as affordable to <br />lower income households. In other cases, the projects provide affordable housing <br />based on prevailing rents. Given the age of the housing stock, many of the <br />apartment units are not appropriately sized; lack amenities, open space, or <br />adequate parking; or experience overcrowding. <br />PRESERVATION OPTIONS <br />Santa Ana has long recognized the benefits of rehabilitating older multiple - family <br />housing to improve quality of life and further community and neighborhood <br />revitalization goals. The City has a proactive program to assist nonprofit <br />organizations to acquire, rehabilitate, and reconfigure, when feasible, multiple - <br />family apartments and to require long -term affordability covenants to ensure the <br />units are affordable to lower income households. <br />Table 7 details the City's affordable housing inventory that is at risk of converting <br />to market rate housing within 10 years from the beginning of the planning period <br />(by June 30, 2024). This includes all projects that have received public subsidies <br />and are deed restricted to be affordable to lower income households in Santa Ana. <br />Project Name and <br />E Address <br />Rosswood Villa <br />100 N. Ross Street <br />Santa Ana Towers <br />401 W. First Street <br />Flower Park Plaza <br />901 Flower Street <br />Table 7 <br />Units at Risk of Conversion <br />Type <br />and <br />Income Type of Public <br />Taraet Assistance <br />Senior <br />50% AMI Section 8 <br />Senior <br />50% AMI Section 8 <br />Senior <br />50% AMI Section 8 <br />Highland Manor Family <br />1128 W Highland Street 50% AMI <br />Cornerstone Village <br />923, 924, 927, 928, <br />931, 932, 936, 939, <br />1001, 1106, & 1110 <br />S. Minnie <br />La Gema Del Barrio <br />638 -642 E. Adams <br />JAdL — <br />38 <br />LMSA <br />2360) (1) <br />Family ' RDA 20% Set - <br />60% AMI Aside and <br />CHFA Loan <br />Family RDA 20% Set - <br />80% AMI Aside <br />6/30/2024 <br />Total <br />Project <br />Units <br />199 <br />199 <br />199 <br />12 <br />110 <br />6 <br />E Total <br />Date of <br />Affordable <br />Potential <br />Units <br />Conversion/ <br />Status <br />198 <br />(renewing <br />every year) <br />198 <br />(renewing <br />every year) <br />198 2014 <br />12 2014 <br />110 2016 <br />6 2017 <br />CITY OF SANTA ANA GENERAL PLAN HOUSING ELEMENT <br />