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75C - PH - FIRST AND PACIFIC PROJECT
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05/03/2016
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75C - PH - FIRST AND PACIFIC PROJECT
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Last modified
4/28/2016 3:59:29 PM
Creation date
4/28/2016 3:52:09 PM
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Template:
City Clerk
Doc Type
Agenda Packet
Agency
Planning & Building
Item #
75C
Date
5/3/2016
Destruction Year
2021
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TAKE 2 <br />IN -LIEU FEE CALCULATION'- PEVF.LOPER INPUTS <br />OWNERSHIP PROJECTS -15 °fi MC DfRATF INCOME, ItNCLU59CINARY REQUIREMENT <br />HOUSING OPPORTUNITY ORDINANCE <br />SANTA ANA, CALIFORNIA <br />t. I'm ed Descrlatlon <br />A. Project Name <br />R. Project Address <br />41. On -sue. to Usfona,r,gytl renkenS <br />A. Required Number of Inclusloaary Units <br />Total Project Units <br />Inclnninnary Requki ement a3 %or Total UaIM <br />Total Induslonary Requirement (Round -up} <br />B. inclusionary UnR Distribution <br />T wi- bedroom Units <br />Three - bedroom Units <br />Four - bedroom Units <br />Totots <br />Total Rulldlno Area (Square Feet) <br />III. tSifoSftalrititu G,4ip .aleulgion <br />Two- hedroorn Unify <br />Three- Inadrourn Units <br />Fnnr- bodrocim Units <br />IV. r�{i t,- mryia6jiltu Goo €aiEj"ll y <br />Pao - bedroom Unlls <br />'I'hree4mir urn Units <br />Fountmdroom I.hrhs <br />Total AffnrdablliLy Gap <br />Ulsan First G Pacific Tuwu hnnte; <br />1506,1524 & 154R'N.'mst First Street <br />62 <br />l6'So <br />9 <br />Required tl of <br />Total Project lodusionary <br />Units % of Total'. Units' Units' <br />4 5 -4554 7 <br />SR s }3.65% Fr <br />_ JAW. {t.j <br />E7 ]pU.gO°.k 7 <br />SQS,fiSO <br />Restricted Price- Afrordairliity Gap <br />Market Prtces Moderaa tncome' Unit <br />$M1000 S ?810X09 u ;76,000 <br />$382,000 SiOS,Gt7q $76,4010 <br />$n $n <br />AffordahilitV <br />$95 noo <br />'rota) Avotdow tp <br />Gap) Unit <br />Indusuonary Unit, <br />Gsnp _ <br />po,00p <br />4. <br />$70,000 <br />$76,40+0 <br />4 <br />$687,600 <br />40 <br />E= =Lwfioo <br />'otal ln- Lieu Fee` .,�..._._ <br />$95 noo <br />Pff Total Unit <br />$12 R00 <br />Per Inmrne Restrlete[t Wall <br />$R1,SCIo <br />Pef Square Foot of Total Nuildinp Araa <br />' Thls colurmunust grid np to I I'AMAn. <br />' <br />multiply t.hr.% cfTotal Unitz times the Total lnduaianar,fdoquln?atu ?nt. <br />EOual to the lower of the di teed Affordable Sales Pricear 20% less than the prajectcti Market Prlcn. <br />The Tov In -Lieu Fee is entunf to the Total Affordab lily Gap. <br />P6-pared hy: Hcyser M81 W111 A'Au"itu:, <br />f llnnanr =.' 21'wa Han1as- URverapef L)wn 1, IICU Feed CalCrltativsn.xlsx; fnninlate v:rg, I at 1 <br />75C -111 <br />
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