FULL PACKET_2014-11-18 - Laserfiche WebLink

Home Browse Search

households. The allowable uses of Inclusionary Housing Funds, and the related reporting are described In Attachment I of the Administrative Procedures Manual. Inclusionary Housing Plan means a plan submitted for approval to the Program Director that details the manner in which the affordable housing obligations will be fulfilled by the Project. The Inclusionary Housing Plan form is presented in Attachment C of the Administrative Procedures Manual, and also attached as Exhibit 4 to the Inclusionary Housing Agreement. Inclusionary Unit means a rental unit in Santa Ana that is made affordable by covenants or conditions restricting occupancy and rental rate charged as described in this Administrative Procedures Manual. In -Lieu Fee refers to a fee that may be paid by the Property Owner in specific circumstances in lieu of providing Inclusionary Units within a Project. These circumstances are identified in Section II -A of the Administrative Procedures Manual. The In -Lieu Fee calculation worksheet is updated annually. The current Affordable Housing In -Lieu Fee calculation worksheet schedule is presented in Attachment J of this Administrative Procedures Manual. Low Income refers to Households whose incomes meet the standards defined by the H &SC Section 50079.5. Generally Low Income means household income that does not exceed 80% of the County Median Income, as adjusted for Household size. However, the maximum household income amount for Low Income Households shall be set at the amount published by HCD annually. Low Income Household means individuals or Households who have an adjusted Gross Household Income that does not exceed Low Income. Median Income is calculated by HCD using non - aggregated census income data and applying trending factors for metropolitan statistical areas (MSA) throughout the country. The MSA for Santa Ana is Orange County. Ordinance means the Housing Opportunity Ordinance adopted by the City Council on November 7, 2011, which is codified in Article XVI11.1 Section 41- 1900 of the City's Municipal Code. Affordable Rental Housing Adminlstrative Procedures Page 1407003.SNA August 6, 2014 19H -88