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HomeMy WebLinkAbout050205 PH Five Hear Implementation PlanREQUEST FOR AGENCY ACTION AGENCY BOARD MEETING DATE: MAY 2, 2005 TITLE: PUBLIC HEARING - FIVE YEAR IMPLEMENTATION PLAN nkm V4? L,1, E E UTIVE DIRECTOR RECOMMENDED ACTION �pcation js� AGENCY SECRETARY USE ONLY: 1i7017V".' 6-5? mod; A%v4zrr'z- APPROVED As Recommended 7 As Amended ❑ Ordinance on 1s' Reading ❑ Ordinance on 2ntl Reading ❑ Implementing Resolution ❑ Set Public Hearing For CONTINUED TO FILE NUMBER Approve the Implementation Plan for the merged redevelopment project areas covering fiscal years 2005 -2006 through 2009 -2010. COMMUNITY REDEVELOPMENT AND HOUSING COMMISSION RECOMMENDATION: Recommended that the Redevelopment Agency approve the Implementation Plan for the merged redevelopment project areas covering fiscal years 2005- 2006 through 2009 -2010. By a vote of 3:1 (Turner opposed; Betancourt, Robles, Rodriguez absent) at its Special Meeting of April 28, 2005. DISCUSSION In 1993 the State Legislature adopted AB 1290, which implemented major changes to Community Redevelopment Law. One of the provisions of this legislation was that redevelopment agencies are required to adopt a five - year implementation plan for each subsequent five -year period. In the development of this plan, a comprehensive survey of the City's needs was distributed in three languages to more than 14,000 stakeholders comprised of residents, social service providers, and businesses. The survey was also made available on the City's website and was advertised through public notices in three different languages. More than 1,200 surveys were returned. 3.A. -1 P.H. - Five Year Implementation Plan May 2, 2005 Page 2 Additionally, three community meetings were held where the public was invited to provide input on the future needs. The public was given the opportunity to provide input verbally, in writing, and to participate in a board game exercise focusing on the future needs. These meetings were advertised by means of the City's website, cable, a flyer distributed through the Pennysaver, public notices published in three languages, and the cover letter distributed with the survey. The proposed Implementation Plan for 2005 -06 through 2009 -10 contains the following components, which are required by the Community Redevelopment Law: • Specific goals and objectives for the merged project area. • Specific programs, including potential projects, with estimated expenditures over the five -year period. • An explanation of how the Agency will implement the requirements to: 1. Increase, improve, and preserve low and moderate - income housing with the Low and Moderate Income Housing Fund. 2. Meet inclusionary housing obligations. 3. Meet replacement housing obligations. The Implementation Plan reflects that the merged project area is heavily impacted with existing debt and obligations with little program money available for the next several years. It also demonstrates that the Agency has fulfilled its replacement and inclusionary housing requirements. The goals and objectives for the merged project area (including original plan goals and updated Strategy Plan and Specific Plan goals) serve as the foundation for the Agency's redevelopment efforts. Finally, the matrix linking programs to blight alleviation demonstrates that all of the Agency's projects and programs will meet the Agency's goals and objectives and assist in the removal of blight. Adoption of the implementation plan does not constitute Agency approval of any specific program, project or expenditure. The implementation plan may also be amended, if needed, at any time during its five -year life following a noticed public hearing. Pursuant to Community Redevelopment Law, notice of the Public Hearing was posted on April 1, 2005, in 24 public locations throughout the merged project area. Also, public notices were published in the Orange County 3.A. - 2 P.H. - Five Year Implementation Plan May 2, 2005 Page 3 Register, the La opinion, and in the Nguoi Viet on April 1, 8, 15, and 22, 2005. FISCAL IMPACT There is no fiscal impact associated with this action. ,IJ- Patrici C. Whitaker 'U Executi Director PCW /NTE /mlr H: \ACTIONS \2005 CAA \P.H. - Five Year Implem Plan 5- 2- 05.doc 3.A. -3 CITY OF SANTA ANA DRAFT �� , •.L THE LOPMENTAGENCY OF SANTA ANA Fiscal Year 2005/06 Through Fiscal Year 2009/10 April 22, 2005 This document is a working draft and may differ from the final document considered by the Redevelopment Agency for adoption. f" TABLE OF CONTENTS I. PURPOSE OF IMPLEMENTATION PLAN ........................................ ..............................1 11. REDEVELOPMENT COMPONENT ................................................... ..............................4 A. BACKGROUND ..................................................................... ..............................4 B. REASONS FOR ADOPTION AND REMAINING BLIGHTING CONDITIONS ....... 5 Central City Redevelopment Project Area .............................. ..............................5 Inter —City Commuter Station Redevelopment Project Area .... ..............................5 North Harbor Redevelopment Project Area ........... ............. ............................... 6 South Harbor Redevelopment Project Area ........................ ............................... 6 South Main Redevelopment Project Area ......................... ............................... 7 Bristol Corridor Redevelopment Plan ........ ... ....... ........... ..............................7 C. SHORT -TERM GOALS AND OB CTIV ........................ ..............................7 D. AGENCY ACCOMPLISH TS ..... ...... ....................... . ..............................8 Central City Redevelopm t Proj t A a: .... ................... ... .............................9 North Harbor Re pme t r ......................... .............................10 South Harbor edevelo e P to a ....................... .............................10 South Main de elo me t P /e Area .......................... .............................10 Inter l y e elo ant roje Are ...... ........................ .............................10 ................................. .............................11 B stol Redeve ent ojec r a ... E. PR O D R T P RAMS ....................... .............................11 Progras ......................................................................... .............................13 Currentd o pec 've o. cts ......................................... .............................15 F. EXPENDIT ES ................................................................. .............................16 Background.... .................................................................... .............................16 Revenues............................................................................. .............................17 ExistingObligations .............................................................. .............................16 G. RELATIONSHIP BETWEEN GOALS AND OBJECTIVES, PROGRAMS, PROJECTS AND EXPENDITURES ...................................... .............................20 Santa Ana Community Redevelopment Agency Implementation Plan Keyser Marston Associates, Inc For the Merged Santa Ana Redevelopment Project Area July 1, 2005 to June 30, 2010 �.... - Pagel 0504021.SA 19090.004.09114 /22/2005 Ill. AFFORDABLE HOUSING COMPONENT ............... ......................... 23 A. IMPLEMENTATION PLAN REQUIREMENTS ...................... .............................23 Reporting Requirements ....................................................... .............................23 Settlement Agreement Requirements ................................... .............................25 B. AFFORDABLE HOUSING ACTIVITIES ................................ .............................27 C. APPLICABLE AFFORDABLE HOUSING REQUIREMENTS .............................28 Housing Production Requirements ....................................... .............................28 Past Development of Housing in the Merged Project Area .... .............................31 Current and Future Housing Construction Activity in the Merged Project Area... 32 Inclusionary Housing Production ........................................... .............................33 D. APPLICABLE DEPOSIT AND EXPENDITURE P VISIONS ...........................34 Set -Aside of Gross Property Tax Increment ............. ......... .............................34 Proportional Expenditures of Affordable using F d Monies .........................34 Excess Surplus Calculation ........... ................................. .............................35 E. AFFORDABLE HOUSING GOAL AN OBJ CTI S THE IMPLEMENTATION PLA . ...... ...... ................. ............................36 a Affordable Housing Fund ur s th ousing ........................36 Summary of Pla ff bl ou g cti . ............................................41 . \ \v MAP AND TABLES O MAP 1: SANTA A MER D R ELOMENT JE AREA ........................ ..............................2 TABLE 1: ANTICIPATE E NU 5 2 0 20 ..... . .......................................... .............................17 TABLE 2: ANTICIPATED PE IT RE 2 010 ......................................... .............................20 TABLE 3: FUND BALANCE 2 05- 010 ............................................................ .............................20 TABLE 4: RELATIONSHIP OF I LE NTATION PLAN ELEMENT ......................... .............................22 APPENDIX —AFFORDABLE HOUSING TABLES Santa Ana Community Redevelopment Agency Implementation Plan Keyser Marston Associates, Inc. For the Merged Santa Ana Redevelopment Project Area July 1, 2005 to June 30, 2010 Page ii 0504021.SA 19090.004,00114122/2005 JULY 2005 THROUGH JULY 2010 IMPLEMENTATION PLAN FOR THE SANTA ANA MERGED REDEVELOPMENT PROJECT AREA PURPOSE OF IMPLEMENTATION PLAN This document is the five -year Implementation Plan for the Santa Ana Merged Redevelopment Project Area (the "Merged Project Area "). This Implementation Plan was prepared by the Santa Ana Community Redevelopment Agency (the "Agency ") in compliance with Article 16.5 of the California Community Redevelopment Law (the "CRL "). The Merged Project Area is composed of six constituent roject ar as including the Central City Redevelopment Project Area, Inter -City Commuter atio vel ment Project Area, North Harbor Redevelopment Project Area, South Her or Re elopm t P ject Area, South Main Redevelopment Project Area, and the Brist I Corr or ad Iopm t P ject Area (the "constituent Project Areas" or "Project A as" . In to I, t e M ged P 'ec rea contains approximately 4,989 acres, which compri s pp xim tely 9 percent o`F,e total acres located in the City. Map 1 shows the nda 'es o thQer d oje Area. This Implementation PI n is m se o two a \ \pvva \rate co ents, a Redevelopment Component and ousing o onent. R de lop nt Component describes the Agency's short-t m g n cti for b' t e (nation and programs to eliminate blight. This Implementatio PI al id ies e ' is ojects proposed for implementation. The actual specific projec to 1 le a ed ill vary depending on available revenues and developer /owner partici do he p entation Plan also identifies the anticipated expenditures for the progr s inclu ing the specifically identified projects. Finally, the Redevelopment Component" Implementation Plan describes the relationship between the goals and objectives, projects, programs and expenditures and blight elimination. Article 16.5 of the CRL also requires that an Implementation Plan explain how the components of the Implementation Plan will implement various CRL requirements regarding low and moderate income housing. Generally, the goals, activities, and expenditures included in the Redevelopment Component do not implement the housing requirements of the CRL. The activities that do implement these requirements are contained in the Housing Component. The Housing Component shows how the Agency will meet the statutory requirements for depositing the required 20 percent of gross tax increment revenues into the housing set -aside (Set- Aside) fund and the expenditure for housing purposes. Santa Ana Community Redevelopment Agency Implementation Plan Keyser Marston Associates, Inc. For the Merged Santa Ana Redevelopment Project Area July 1, 2005 to June 30, 2010 Page 1 0504021.SA 19090.004.00114122/2005 vwA I - janta Ana Merged rrolect Area I Constituent Areas I 0 CENTRAL CITY ® NORTH HARBOR ® INTERCITY IM SOUTH MAIN M SOUTH HARBOR C BRISTOL This Implementation Plan is a policy statement rather than an unalterable course of action. It has been prepared to set priorities for redevelopment activities within the Merged Project Area for the five -year period covered by this Plan and incorporates currently known financial constraints of the Agency in developing a program of activities to accomplish essential, short- term revitalization efforts for the Merged Santa Ana Redevelopment Project Area. However, new issues and opportunities may be encountered during the course of administering redevelopment within the Merged Project Area during the five -year period. Therefore, this Implementation Plan may be amended, if necessary, to effectuate its purposes. The purpose of this Implementation Plan is to provide a clear and reasonable statement of the Agency's current intent regarding activities in the Merged Project Area and to establish a nexus between the Agency's goals and objectives; program activities, ects and the purpose of redevelopment which is to eliminate blight and to develop, p serve nd rehabilitate affordable housing. Santa Ana Community Redevelopment Agency Implementation Plan Keyser Marston Associates, Inc. For the Merged Santa Ana Redevelopment Project Area July 1, 2005 to June 30, 2010 Page 3 0504021.SA 19090.004.001/4 /22/2005 H. REDEVELOPMENT COMPONENT A. BACKGROUND Redevelopment in Santa Ana began with the adoption of the Central City Redevelopment Project Area in 1973. Revitalization objectives included creating convenient parking, rehabilitating and retrofitting historic structures, and providing infill development that would support a mix of office, retail and residential uses. In the past 20 years, the Agency has facilitated the development of six public parking structures, the Fiesta Marketplace, Main Place Mall, new commercial office buildings and 600 senior units and assistance for development of other housing projects. Downtown is also the site of the new Ronald Reagan Federal Building and the Courthouse. To facilitate rehabilitation of the older commercial buildii historic character of the downtown and to promote new has in the past teamed with the Santa Ana Econom' evolved into the Southland Economic De, elcpm nt Col Commercial Rehabilitation Loan Program, >torefr t I6 Retrofitting Program. Through the loan ri construction projects and 142 rehabilitatto Enterprise Zone program (bou arie ign businesses in securing sal ,use d h it individuals, as well as her x a va tag have been "vouch ed" for n Ana bu The Agency has al ful the City's Arts Corrid \ 0Y hich are essential to the development, the Agency t orporation (which has pr vide funding for the og m and Seismic es at funding 157 new also a nisters a State Project Area) that assists ng disadvantaged e Zone, over 20,000 jobs underutilized historic structures to benefit Village in the downtown to Discovery Science Center on nort Ma"ree at M 1 -5 Freeway. The Agency helped to fund the development of the Disco ry Scie9te Center, renovation and expansion of the Bowers Museum of Cultural Art, and red the facility for the Bowers Kidseum. Among other cultural activities, the Agency assisted in the acquisition of a site for the new home of the St. Joseph Ballet, a non - profit organization designed to help under privileged youth. Redevelopment has contributed substantially to improving the infrastructure within the Merged Project Area. Redevelopment funded numerous street improvements throughout the neighborhoods including, but not limited to, the 17th Street median improvements, the McFadden Avenue realignment, and the installation of curbs, gutters and sidewalks. along South Main Street. Santa Ana Community Redevelopment Agency Implementation Plan Keyser Marston Associates, Inc. For the Merged Santa Ana Redevelopment Project Area July 1, 2005 to June 30, 2010 Page 4 0504021.SA 19090.004.001/4/2 2/2005 \ i B. REASONS FOR ADOPTION AND REMAINING BLIGHTING CONDITIONS The following is a history of redevelopment and summary of the blighting condition within the Merged Project Area, presented by constituent Project Area. Central City Redevelopment Project Area Central City Redevelopment Project Area was adopted on July 2,1973, by Ordinance No. NS- 1173. Central City Redevelopment Project Area consists of 694 acres located in the central and northern parts of the City. Central City Redevelopment Project Area was adopted by the City Council on July 2, 1973, by Ordinance No. NS -1173. The Central City Project Area encompasses the historic downtown area including retail, office and government uses. The project was adopted in response to deteriorating conditions in th owntown. The downtown began to decline in the 1960s when growth in the Orange C my s urbs The in Santa Ana's displacement as the central marketplace for adoption, the downtown had a substantial number of the retailers had left the downtown for more d S vacancy rate, lease rates and variety of me chap redevelopment plan was to reverse the eclin of as a vibrant area. The Agency has provi d i fra. buildings, and helped to treat n a is v la , revitalization of the downto n. Allhqug th Ag improvement of the do through the assist ce of my At the time of project d a obsolete buildings. Many ns, whl h in turn affected the to re ide s. The goal of the n and r -es blish the downtown -ovement habilitated historic de to d p blic parking lots to encourage the y ha c ntn ted significantly towards the I ike tR co ' e to address revitalization needs Inter —City Comm S,�e� Vol nt oject Area The Inter -City Comev pment Project Area was adopted by the City Council on July 6, 1982, by -1636, and contains 536 acres of land. Maj or roadways traversing this Proje Interstate 5 Freeway, Grand Avenue, 1st Street and 4th Street. The focal point of the Inter -City Commuter Station Redevelopment Project Area is the Regional Transportation Center (RTC), which the Agency participated in the construction and development. This Project Area includes older industrial uses that originally developed in the area to take advantage of the rail access. However, residential uses are scattered throughout the area, and there is a node of commercial uses located at the intersection of 17th Street and Grand Avenue. Since Project adoption, the rail station has been retrofitted and expanded for contemporary commuter rail use. In addition, the City has undertaken street and streetscape improvements along major corridors, like I" and 17'h Streets, and to provide better access to and from the RTC with landscaping that complements the RTC, and provides a visual connection to the downtown. Janet /Ilia i.ou nnu nuy �.. _. 05 to June 30, 2 Page 5 For the Merged Santa Ana Redevelopment Project Area July 1, 20 0504021.SA 19090.004.00114/2212006 Although the RTC improvements have been completed, the surrounding area continues to have a mix of incompatible and deteriorated residential and industrial uses. The Agency hopes to assist in the projects thF' ,ill capitalize on the availability of public transportation such as mixed - use or higher density housing and compatible industrial uses. North Harbor Redevelopment Project Area The North Harbor Redevelopment Project Area was adopted by the City Council on July 6, 1982, by Ordinance No. NS -1637, and contains approximately 428 acres of land. The North Harbor Redevelopment Project Area is generally located along Harbor Boulevard from Westminster Avenue to Kent Avenue and along 5th Street, 1st Street and McFadden Avenue from Harbor Boulevard to the Santa Ana River. This Project Are residential and strip commercial uses fronting along Harbor ule uses developed near 1 at and 5th Streets, Major projects t at were assistance were the Riverview West Shopping Cen Apartments; La Bonita housing project; Kaufma I infrastructure improvements. The goal oft e Age c The Agency has been implementing proj ts crea improvements, approving rehabilitation to ns o i sector in reinvesting in the are o en ura e b and job generation. n \� \/ South Harbor des a mix of older with newer commercial :mented with Agency hart) and Riverview l�olony; and public ralyt commercial corridor. adta su as streetscape and sting the private )ment, retention, expansion The South Harbor ede elo a an a do ed by the City Council on July 6, 1982, by Ordinance No. NS -1 8. a ou rb Redevelopment Project Area encompasses approximately 1,050 ac s p ' rily Ion arbor Boulevard from Warner Avenue to MacArthur Boulevard and along the Oest side 0 Fairview Street from Edinger Avenue to Sunflower Avenue. The South Harbor Rro t Area is primarily developed with light industrial uses. The goal for the South Harbor area is to create a vibrant contemporary business park. The Agency has funded landscape improvements along Warner Avenue to create the industrial park image and is now focusing on the development of remaining opportunity sites. An example of the Agency's assistance is the retention and expansion of Waxie Janitorial Supplies Company to the area. Additionally, the Agency participated in the undergrounding of overhead utilities along Harbor Boulevard, the widening of the Harbor Boulevard bridge over the Santa Ana River, signal /intersection reconstruction at Segerstrom Street and Susan Avenue, as well as other public improvements. Santa Ana Community Redevelopment Agency Implementation Plan Keyser Marston Associates, Inc. For the Merged Santa Ana Redevelopment Project Area July 1, 2005 to June 30, 2010 Page 6 0504021.SA 19090,004,001/4/22/2005 South Main Redevelopment Project Area The South Main Redevelopment Project Area was adopted by the City Council on July 6, 1982, by Ordinance No. NS -1639. The South Main Redevelopment Project Area encompasses approximately 1,500 acres and is located along Main Street from 1 at Street to Sunflower Avenue and the area west of the 55 Freeway along McFadden Avenue, Edinger Avenue, Warner Avenue, Dyer Road and MacArthur Boulevard. The Project Area includes older strip commercial uses interspersed with residential units radiating out from the downtown along Main Street and newer manufacturing and light industrial uses along the southeastern boundary of the City. Redevelopment has been most notable in the industrial and commercial areas along the southeastern boundary of the City. The Agency's primary focus is on the needed revitalization of the commercial corridors through street improvements, rehabilitation programs and assisting in private development. Some of the notable prof the Agency has assisted include the Auto Mall and Doubletree Hotel. Bristol Corridor Redevelopment Plan The Bristol Corridor Redevelopment Projec Area as do . by t CI Council on December 4, 1989, by Ordinance No. N -20 Th Bristol C rridor de elopment Project Area consists of approximately 781 acres n is ma 'ly I ated along of Street from 17th Street to Central Avenue and t are east of 'rvie S eat long 17th and 1 at Streets. Like many other north Is cor 'dors i he ity, rl o orr o is veloped primarily with older strip commercial uses. ow er, he en rai rtion of he ect Area encompasses the western perimeter the do wn area. st C rido as the most recently adopted of the Agency's redeve pme oje s nd ' till i - to by many of the blighting conditions identified at project do ion' cl i d er ati , substandard design (obsolescence), and impaired investments low eta sa s nd nderutilized land). One of the landmark developments the Agen a i ed i is a Digital Media Center. Bristol Corridor is currently undergoing a City sponso d major treat widening. The Agency will enhance the street widening with landscape imp ov ents including trees and street furniture. As funds permit, the Agency will assist in the rehabilitation of the commercial buildings, while retaining and enhancing existing businesses as well as attracting new businesses to the area that can provide jobs for local residents. C. SHORT -TERM GOALS AND OBJECTIVES The goals and objectives have been identified on the basis of the financial resources that are available, the priorities for addressing conditions in the Merged Project Area based upon community input and given the available resources, and the limit of the five -year period to be covered by the Implementation Plan. The achievement of the Implementation Plan Goals and Santa Ana Community Redevelopment Agency Implementation Plan Keyser Marston Associates, Inc. For the Merged Santa Ana Redevelopment Project Area July 1, 2005 to June 30, 2010 - -- Page 7 0504021.SA 19090.004.001/4122/2005 Objectives will result in the elimination of some of the blighting conditions in the Merged Project Area and further the attainment of the redevelopment goals. The means for achieving the Goals and Objectives of the Implementation Plan are the programs, the specific projects implemented by the programs and expenditures to be undertaken by the Agency over the five -year term. By implementing these programs, projects and expenditures, the Agency will realize the blight elimination effects of the goals and objectives. In general, the goals and objectives for the Merged Project Area Include, but are "not limited to: 1. Eliminate physical blight. 2. Create new employment opportunities. 3. Encourage uniform and consistent land use patterns. 4. Encourage private commercial /industrial investment. 5. Implement the City's General Plan. 6. Encourage highest and best use 7. Provide or replace publi r signals, lighting sys s, and 8. Develop and capital General Plan. sewers, storm drains, traffic as necessary. 9. Provide fo incr asl saY�s� bu§�n s lic and other fees, taxes, and revenues to the City of Sant n \� \ 10. Expand the com un sup ly 6rhousing, including opportunities for low and moderate income housing. D. AGENCY ACCOMPLISHMENTS The Agency has been actively involved in community redevelopment since the adoption of the Central City Redevelopment Project Area in 1973. The project was adopted in response to deteriorating conditions in the downtown. The decline of the downtown began in the 1960's when growth in the Orange County suburbs resulted in Santa Ana's decline as the central marketplace for Orange County, Santa Ana Community Redevelopment Agency Implementation Plan Keyser Marston Associates, Inc. For the Merged Santa Ana Redevelopment Project Area July 1, 2005 to June 30, 2010 Page a 0504021.SA 19090.004.001 14122/2005 Revitalization objectives included creating convenient parking, rehabilitating and retrofitting historic structures, and providing infill development that would support a mix of office, retail and residential uses. Additionally, five project areas have been developed in response to the community needs. The following is a list of projects completed by the Agency within the proposed Merged Project Area: Central City Redevelopment Project Area: s 0 s 0 s s s Constructed Artist Village Second Street Promenade improvements including tree lighting, benches, trash cans and bollards Facilitated the development of the Olson Live -Work lofts (86 total for -sale units of which six are affordable) Festival Hall Renovation Facade Rebate Program (Historic Rehab) Bowers Museum of Cultural Art Expansion Discovery Science Center Facilitated historic renovation of P r Ga ge a home or range County Center of Contemporary Art (OCCCA) Completed the California e Uni er Ue n and Centra Art Center Town Square Cond inium Ho in Pr e Fourth Street S ets pe�»�rov me s Relocate t. Joseph et to the e m istric Assisted it Facilitated housing Assisted in the d Ve f Wain Place Mall Assisted in the df Santa Ana Towers - senior housing Developed and ia streetscape and parking plan for the Main Street Corridor Facilitated the construction of Memphis Restaurant in Artist Village Facilitated Bowers expansion including financing and construction of a parking garage Facilitated the development of the St. Joseph Ballet Project Coordinated construction of the Sycamore Parking Structure Completed pedestrian signage for the Artist Village Assisted with the renovation of the historic Phillip Hutton Building Assisted with the renovation and reuse of the Fiesta Market Place For the Merged Santa Ana Redevelopment Project Area 0504021.SA 19090.004.00114122/200 5 Page 9 1, 2005 to June 30, 2010 North Harbor Redevelopment Project Area • Facilitated the development of the Harbor Square commercial center • Facilitated the development of Riverview West Shopping Center (including Wal -Mart) • Assisted with the development of Riverview Apartments and single - family homes • Assisted with the development of the La Bonita condominium project • Assisted with the development of the California Colony homes South Harbor Redevelopment Project Area • Facilitated the development of Waxie Janitorial • Catalyst for street improvements and undergro • Assisted with the relocation of Laguna Cook' • Assisted the Art Institute of Los Angeles Oral South Main Redevelopment Project • Assisted with the de v opment Hu on Ce itr G . in ower • Facilitated the const ctio an e an ion of new ships at the Auto Mall • Assisted i e deve ent of the u etr e Ho I • Cnmmar'I I Rr- �iaf�r_.Prn r 6 Catalyst fore mp ve a is Facilitated Ingra Mi o' ex an ' n plans for PacifiCenter and coordinated efforts between Ingram, cDonnell ouglas and Catellus to extend their development rights • Facilitated the reloca ' First American Title Company to MacArthur Place • Facilitated the development of the Nexus project at Hutton Center • Facilitated the development of the Mola site at MacArthur Place • Assistance to ITT Cannon Inter -City Redevelopment Project Area • Assisted with the development of the Business Enterprise Center • Assisted in the development of the Regional Transportation Center Santa Ana Community Redevelopment Agency Implementation Plan Keyser Marston Associates, Inc. For the Merged Santa Ana Redevelopment Project Area July 1, 2005 to June 30, 2010 Page 10 0504021.SA 19090.004.0011412212005 C Facilitated the construction of live /work units for Santiago Street lofts • Catalyst for Street Improvements • Assisted Burke Industrial Development Bristol Redevelopment Project Area Assisted with development of Bristol Marketplace Facilitated the construction of the Digital Media Center Catalyst for Street Improvements E. PROPOSED PROJECTS AND PROGRAMS As discussed in more detail later in the Plan under the year period of the Implementation Plan, the Agency Most of the Agency's tax increment, other than a rda paying existing bond debt, the proceeds of which ave been completed or are committed to pro' is revio s Council. In addition, the current State bu get d 'tits Agency pay a portion of its taxi ent f lid o these payments reduce the ount of on t i le be focusing most of its effo in ie r xt ive ea s on obligations. Howe v , lim d scr ona rev nue is greater than a ticipat ' T fore, t e A p h g are three program tha the e c ho s tm e 1e ing of penditures" during the rlVe- ve v ry le discretionary revenue. I usin se aside, is committed to bee expen ed n projects that have ppro ed by e ency and City ave suited in a e irement that the t e S te's budget deficit. As a result, I ro cts. Therefore, the Agency will Tie s affordable housing I available if projected tax increment identified discretionary programs. There It, possibly in conjunction with other City programs and funds. VtMe m Inc ae -1j ccunuimutuurnniu, lily vcvawPn </ , u..,,.. Facility Developmen uct mprovements. As discussed below, these programs can addrei 's priorities for the betterment of Santa Ana and address blighting conditions d Project Area. However, it must be stressed that given th e limited redevelopme existing obligations many of the community's priorities may not be addressed during the next five year period and those projects and programs that are implemented may be funded with revenues other than redevelopment tax increment. In order to get an understanding of the types of project and programs the community desires, the Agency sent a survey to approximately 15,000 residents and businesses' within the City presenting a series of services and facilities for the participants to rank in importance from ' The survey was mailed to individuals consisting of neighborhood network members (members of neighborhood associations), housing choice voucher participants, business owners, and individuals who requested the survey. Santa Ana Community Redevelopment Agency Implementation Plan Keyser Marston Associates, Inc. For the Merged Santa Ana Redevelopment Project Area July 1, 2005 to June 30, 2010 Page 11 0504021.SA 19090.004.00114/2212005 lowest (1) to highest (4) (see Appendix A for the survey form). The results from the survey were incorporated in the Consolidated Plan and the Implementation Plan. Based upon the results of the survey, the top five priorities of the community are: 1) affordable housing, 2) businesses and jobs, 3) infrastructure, 4) neighborhood improvements, and 5) community services. The Agency also held three community information meetings with residents, businesses and community organizations to get additional feedback on the type of projects and programs that should be prioritized by the City. The community information meetings were held on January 13, 2005 (6 pm — 8 pm), January 26, 2005 (3 pm — 5 pm), and February 5, 2005 (10 am —12 am). The community information meetings consisted of a presentation from City staff including an overview of the elements of the Implementation Plan, Housing Element Update and the Consolidated Plan, and statistics on the socio- economic conditions in the City including population, income levels, overcrowding and poverty levels. Th"resentation was followed by a comment, question and answer session. The attendance 35 to 75 people per meeting. During the question and aV concerns and priorities voiced were related to affor single - family home ownership rehabilitation, bus' ess I le rc economic revitalization strategy to make Orange County. As noted above, the communit ' prl 'ti survey and input received the I rma improvements identifie duri th co r order) and the Ag cy prog tha can C meetings ranged from most of the attendee's 4on opportunities, I implementation of an ft other cities within t between the results of the III ing is a list of desired City ach process (in no particular the community's needs. Santa Ana Community Redevelopment Agency Implementation Plan Keyser Marston Associates, Inc. For the Merged Santa Ana Redevelopment Project Area July 1, 2005 to June 30, 2010 Page 12 0504021.SA 19090.004.00114 /2212005 COMMUNITY PRIORITY RELATED AGENCY PROGRAM Affordable Housing Multi - Family Residential Rehabilitation Program Single - Family Residential Rehabilitation Mortgage Assistance /First Time Home Buyer Loans New Residential Construction Substantial Rehabilitation Program Mobile Home Park Program (See Part 111) Single - Family Home Housing Rehabilitation Loans (see Part III) Ownership Rehabilitation Business Improvement and Economic and Community Development Job Creation • State Enterprise ne Business Rat ion an ttraction Permit an a Select n Assistance Implement Economic Economic an om ev pment Revitalization Strategy Infrastructure Improvements Infras ture pr is Community Services Pubic Fac ' D elop t Recreation Opportunities Publl Fa 'lity ev op nt Programs O v The programs d cribed be] a designe o dd ss the most significant blighting conditions in the Merged Pro' ct ea, an vid ition using opportunities. Typically, when the most significant blig ing on do e r uc , private sector investment will occur in the Merged Project Area I din to dd io 1 r moval of blight. The Agency's redevelopment programs will therefore s e a c talyst to remove blighting conditions and spur private investment and the presery tion, i provement, creation and maintenance of affordable housing. Often projects and programs are initiated in response to developer and owner requests. The Agency also proactively plans for blight elimination, which sometimes involves soliciting proposals for a specific development site. When the Agency participates in a project, the Agency and developer /owner enter into either a Disposition and Development or Owner Participation Agreement to assure that the project is implemented in accordance with the agreed upon plan, and that the Agency's goals and objectives for blight elimination are attained. In some instances, such as affordable housing, the agreements specify that the housing units that are built as affordable remain affordable for 55 years (rental), and 45 years (ownership). Santa Ana Community Redevelopment Agency Implementation Plan Keyser Marston Associates, Inc. For the Merged Santa Ana Redevelopment Project Area - July 1, 2005 to June 30, 2010 Page 13 0504021.SA 19090.004.00114 122/2005 Economic /Community Development Economic /Community Development program will consist of the Agency enhancing the Merged Project Area by assisting in the commercial and industrial rehabilitation/ development through business retention /attraction, rehabilitation loans, tax allocation bond financing and site assemblage. The Agency's efforts in this program will provide new and expanded opportunities to existing businesses as well as encourage the revitalization of the proposed Merged Project Area through new commercial and industrial development/ rehabilitation. Rehabilitation loans provided by the Agency could also assist in the preservation of historic structures through rehabilitation, relocation and reuse. The Agency will primarily assist private developers in the development /redevelopment of vacant, underutilized and blighted properties and will include, as necessary, the development of parking structures to create additional off - street parking. Public Facility Development Public facility -based projects focus on the need for ve ublic facilities such as recreation uses, community centers, and cultural center and face' ies. The Agency proposes to provide assistance in the development of a and Itu I f 'ties in ludl assisting in the expansion of Bowers Museum and Disc very cien Center. Infrastructure Improvements D Infrastructure improvements ' cline droje is t at will a sist the future development of the Merged Project Apeg inclu , ut not li d t th follo Ing: 1. Transportatkil alyd c1kculdtidly im�,roVkmWs which may entail street widening, construction traffic sianal street maintenance, and improved 2. Sewer improvement to viate infrastructure inadequacies, meet flow requirements and ensure public safe y; 3. Storm drain improvements including capacity for existing and new development to ensure proper drainage and on -going street improvements of Merged Project Area streets; and 4. Public Infrastructure improvements including sidewalks, curbs and gutters, streetscape /landscape improvements, public transit improvements, create pedestrian links and develop enhanced parkways and sidewalks, and provide access to the disabled. Santa Ana Community Redevelopment Agency Implementation Plan Keyser Marston Associates, Inc. For the Merged Santa Ana Redevelopment Project Area July 1, 2005 to June 30, 2010 Page 14 0504021.SA 19090.004,00114122/2005 Current and Prospective Projects As mentioned above, the majority of the Agency's revenues are going towards the repayment of debt. However, the Agency has budgeted funding (FY 2005 -06) for a few existing projects that are in various stages of completion or have been completed and are receiving funding for either debt service on the project or as part of an agreement with the Agency. These projects include the continuing street improvements along South Main Street and specifically to the intersection of 1st and Main Streets. The Agency also has contracted obligations for the development of Main Place, the Santa Ana Auto Mall, Sycamore Garage and Doubletree Hotel. The Agency may undertake additional projects depending on the availability of funding. As mentioned above tax increment funds may vary from the projected increment depending on the amount of new development, substantial rehabilitation and prop transfers which sell above the previous sales price that generates the tax increment. a Ag cy has been approached by the private sector for the implementation of prospects project ithin the Merged Project Area. The following is a list of prospective projects at c ntl in the process of negotiations or development with the Agency for ssist e. Expansion of the Bowers Expansion of the Discow Nexus and coElive/ Auto Mall exp Phase III h Facilitate the Center) (live /work lofts near the Transportation For purposes of this Plan, it ' as med that these projects listed above will be approved and implemented. During the five- ear Plan period, these projects may be completed or may only consist of limited activities such as demolition and groundbreaking and therefore may also require funding during the subsequent five -year implementation plan period (July 2010 through July 2015). Because these projects are tentative due to on -going negotiations and discussions, the amount of Agency assistance (i.e., Agency expenditures) have not been determined and therefore are not included in Section F. EXPENDITURES of this Plan. Santa Ana Community Redevelopment Agency Implementation Plan Keyser Marston Associates, Inc. For the Merged Santa Ana Redevelopment Project Area July 1, 2005 to June 30, 2010 .Page 15 0504021.SA 19090,004.00114122/2005 F. EXPENDITURES Background The Agency has the legal authority and flexibility to implement the revitalization of the Merged Project Area utilizing any or all of the following revenue sources: (1) city; (2) state; (3) federal government; (4) tax increment funds In accordance with provisions of the existing CRL; (5) new tax allocation bonds; (6) interest income; (7) loans from private financial institutions; (8) lease or sale of Agency -owned property; (9) donations; (10) developer payments, and (11) any other legally available public or private sources. Current provisions of the CRL provide authority to the Agency to create indebtedness, issue bonds, borrow funds or obtain advances in implementing and a redevelopment plan. The Agency is authorized to fund that'. indebtedness, bond issues, borrowed funds or adv other funds available to the Agency. To the extent supply additional assistance through City loans c project costs. 11\ \ The redevelopment program described implemented by the Agency fo e p Project Area, eliminating p sical d E analysis, Housing Set- side ve ue Housing Compon sectio in out the specific intents of =. 11 I and interest on the tax ' cremant revenue and any to so, the City may also ario s o lic facilities or other a set of abtWies to be reinvestment in the Merged ;es. For purposes of this Tres are presented in the The Goals and ObI ctiv, IS, rod a�rr syand Expenditures included in this Implementation Plan fIs th An c I c straints of the Agency to implementing the Redevelopment Plan o I th f' e -y ar m of the Implementation Plan. As mentioned earlier and shown below over the ext five ear period, the Agency's revenues have been committed to paying existing debt. As "t, the Agency has very little latitude with the discretionary actions that it may undertake. Agency discretionary actions will be primarily limited to assisting developers or owners that can front the costs for development on projects that are not financially feasible with the agreement that the developer will be repaid from tax increment generated from the proposed development. Should substantial new development occur or property sales that exceed current trends, there may be additional discretionary revenues available to fund projects. Santa Ana Community Redevelopment Agency Implementation Plan Keyser Marston Associates, Inc. For the Merged Santa Ana Redevelopment Project Area July 1, 2005 to June 30, 2010 Page 16 0504021.SA 19090.004.001/4 /2212005 Revenues At the time a Redevelopment Plan is adopted for a project area, the taxes generated from taxable value of property in the area (often referred to as the base year value) continue to be distributed to each of the taxing entities, which levy a property tax in the Merged Project Area. The property taxes that occur due to growth in taxable value above the base year value are allocated to the redevelopment agency. This amount is commonly referred to as tax increment revenues. The Merged Project Area's revenues are estimated at $30.4 million for FY 2005 -06. This revenue is based upon the projected net tax increment (minus housing set - aside, existing pass - through agreements, and County administration fee) and other loans the Agency will receive during the five -year period between 2005 -06 to 2009 -10. As pro ted annual tax increment revenues increase, there should be a diminishing reliance o gen borrowing from other loan sources such as the City General Fund or the Agel year period, the Agency will receive approximately housing set -aside funds), the majority of which i c requires 20 percent of the gross tax increment to a result of settlement agreements, the A increment; this amounts to $63.6 million next five years. The next five years are is 1. In total, over the five - ues (not including I. Redevelopment law IS using. However, as a of the gross tax i n gross takbaorement over the nin a Merged Project Area over the 1 1: Antic e e enues2005 -2010 (Ft c Ye 200 th ugh 2009 -10) Net Tax Increm nt $1 710,000 Loan from Housin Fu d ( 3,401,000 Does not reflect existing Other Loans 2 10,343,000 obligations or housing set - Miscellaneous Raven 3 64,000 aside $139,518,000 2 Assumes that short-term loans can be advanced to the Agency, as necessary, to meet any future year deficits. The loans are assumed to be funded from other Agency financing sources. Loan principal and interest (assumed at 6 %) to be pad, on a pay -as- you-go basis, within the subsequent fiscal years. a Loan repayments anticipated in the Central City, South Harbor and South Main Project Areas. Santa Ana Community Redevelopment Agency Implementation Plan Keyser Marston Associates, Inc. For the Merged Santa Ana Redevelopment Project Area July 1, 2005 to June 30, 2010 Page 17 0504021.SA 1902 D.004,001/4/22/2005 Existing Obligations Agency Bond Debt Service The Agency will continue to make principal and interest payments on the 1989 and 1998 Tax Allocation Refunding Bonds (Central City, Inter City and South Harbor Project Areas) and the 2003 Tax Allocation Bonds (South Main Project Area). Over the next five years the amount of bond debt service will total approximately $68.7 million. Transfers In (Credit) The Santa Ana Financing Authority issued 1998 Refunding Revenue Bonds, Series A, B, C and D for the purpose of using the net proceeds to purchase the Agency's 1989 Tax Allocation Refunding Bonds, Series A, B, C and E referenced above. significant savings in annual debt service payments by uf1�f permitted by Marks Roos bonds. It is anticipated th th approximately $6.1 million over the next five ye IX Senate Bill 1096 requires 2004 -05 and FY 2005 -06, Educational Revenue c Legislature in 199 3 thr that one -half of tN ERM increment apportio d t based on net tax incr ei payments to other taxin Community Redevelopme ed the Agency to realize erage of pooling funds have a total credit of 0 million to schools during FY �II be placed into the :re enacted by the State F allocation formula provides based on the gross tax one -half of the ERAF obligation is calculated the Agency (net of any pass- through auWtax increment revenues are reported in the Annual Report of the California State Controller. The ERAF payment for FY 2065 -06 will be based upon the information to be published by the State Controller for FY 2003 -04 (not yet published to date), but should approximate the current year (FY 2004 -05) obligation. Therefore, for FY 2005 -06, it is projected that the Agency will pay $3.4 million into ERAF on or before May 10, 2006. If the Agency determines that it will not be able to allocate the full amount required, it must enter into an agreement with its legislative body to fund the difference between the full ERAF payment required and the amount available for allocation. Santa Ana Community Redevelopment Agency implementation Plan Keyser Marston Associates, Inc. For the Merged Santa Ana Redevelopment Project Area July 1, 2005 to June 30, 2010 Page 18 0504021.SA 19090.004,00114/2212005 Administration The projected cost to administer the redevelopment program for the Merged Project Area over the next five years is based on the Agency's estimate of $4,362,000 for FY 2005 -06. Subsequent year administrative costs are projected to increase by an assumed three percent cost of living factor over the term of the projection. The administrative costs over the next five years are anticipated to total approximately $23.2 million. Contractual Obligations The Agency annually budgets for various existing contractual obligations unique to specific project areas as well as those of the Agency as a whole. The pre- existing contractual obligations identified in the Agency's FY 2005 -06 budget project' are summarized in Table 2. These annual obligations include trustee fees, economic de opm t obligations, debt service on certificates of participation, debt repayments related t site -spe Ific projects and to the City General Fund. The 20 percent commercial corridor ettl a et- ide from the South Main tax increment revenue is also incorporated here amount to approximately $47.3 million. n Budgeted Projects Existing budgeted capital irorov projection reflects vario s an 'ciK corridor of the So Main j t approximately $ . miljion Sp identified. Future Loan Repayments V obligation FY 2005 -06 budget e South Main commercial budgeted improvements is projects have not been During the Implementation Nn eriod there is the potential for cash deficits, requiring short - term loans. The deficits are primarily the result of anticipated ERAF payment to the State to address State budget deficits, in which the Agency is assumed to borrow the required ERAF payment from the Housing Fund. Non -ERAF deficits are assumed to be funded from other Agency financing sources as necessary over the term of the projection. The budget assumes that such loans can be advanced to the Agency to meet any future cash deficits, with the loan principal and interest (assumed at 6 %) to be paid on a pay -as- you -go basis in subsequent fiscal years. Santa Ana Community Redevelopment Agency Implementation Plan Keyser Marston Associates, Inc, For the Merged Santa Ana Redevelopment Project Area July 1, 20D5 to June 30, 2010 Page 19 0504021.SA 19090.004.001/4/22/2005 Future Discretionary Proiects To the extent future tax increment revenues continue to be allocated to the Agency and exceed debt service, contractual obligations, administrative costs, budgeted capital improvement projects, ERAF requirements by the State and short -term loan repayments, the Agency will exercise its discretion in funding other future projects, programs or activities of benefit to the Merged Project Area, including the repayment of any outstanding indebtedness of the Agency. The anticipated projects, programs or activities that the Agency may undertake as future resources, were presented above. Table 2: Anticipated Expenditures 2005 -2010 (Fiscal Years 2005 -06 through 2009 -10) Bond Debt Service Transfers in (1998 vs 1989 DS credit) Educational Revenue Augmentation Fund Administration Contractual Obligations Future Loan Repayment Budgeted Projects A summary of the cash shown in Table 3 below Total Total Revenues Available 3,401, Does not include discretionary funds (2005 -06 to 2009 -10) are $139,518,000 139,055,000 Projects $463,000 G. RELATIONSHIP BETWEEN GOALS AND OBJECTIVES, PROGRAMS, PROJECTS AND EXPENDITURES The achievement of the Implementation Plan Goals and Objectives (through the specific projects, programs and expenditures) will eliminate, in part blighting conditions within the Merged Project Area. This implementation Plan does not attempt to outline a plan to eliminate all blight in the Merged Project Area, but rather addresses how the Agency intends to contribute to the elimination of blight within the Merged Project Area. Santa Ana Community Redevelopment Agency Implementation Plan Keyser Marston Associates, Inc. For the Merged Santa Ana Redevelopment Project Area July 1, 2005 to June 30, 2010 Page 20 0504021.SA 19090,004.001/4/2212005 In summary, the Agency proposes to focus its activities on eliminating physical and economic blight conditions through the construction of public improvements and assisting the private sector in developing vacant and /or underutilized properties. It is the Agency's hope and intent that the Redevelopment Implementation Plan as proposed, if fully implemented, will encourage further private sector investment in commercial designated areas. Table 4 shows the relationship between the Agency's goals and objectives, and projects and programs for the elimination of Blight. j Santa Ana Community Redevelopment Agency Implementation Plan Keyser Marston Associates, Inc. For the Merged Santa Ana Redevelopment Project Area July 1, 2005 to June 30, 2010 Page 21 0504021.SA 19090.004.001/4 /22/2005 i Q E' f Wi lu�I al ❑; W w �I aQ' H N 3 u i ll T 0 o b 0 0 v on nd O d 0 ami> Tw 2 � c c Z �9 io g NL mE ° E o oa? mc c .- y� v w �U uLJ E� N bN � N Q v m Ei $ S E O �p 0 2 .o ° 2 a` E > G o° _ x a w E m c v ;onJ;seJ;ul pue sel ;6lOed ollgnd a;enbepeul X x x x x x X x x x x x h e;e'd awpo 461H x x x x x x x x x Ix I x x E 6ulpmoJoJeno jupueplsea x x x x x x x x 0 o saplpsey leloJewwOO AM ON ;o yOVI x x x X x x x x x a Z OJeH Janowny v 461H Pue'se ;ea esea'l MO'l FilewJOugV x x x x X x x X x x 'selOueOUA sseulsng y6lH 66uwJOUgy uew;senu aJ edw v Jo sanleA /yJedOAd ueu6e;Slpe;eloaJdeo x x x x x x x x x x x x x x x x x x d SNOIIIONOO ONIIHOPIS 3IWON003 -_ v sleoncl pazlslpeduys 6pelnSeJJI x x x x x x x x x x c ° U ses a edwoou fl 1913 IxXx x x X x X x x rn a /gloedeo/esp elgelA BupepulH rn 66upue;sgnS Jo BupuaneJd sJO;aed x x x x x x x x x x m sBU ling 6y;leeyu a esu P IV; Nxxx x x x X x x x SNOI110NOO ONIIHOP18 IVOISAHd d 2 E EEq a. NaEEE E.EE EE.E E EE E, ro o 0 0 o m o `m o m@ o L° 0 0 c O v >m it w >2 v m'w , ° >2 >m d >m2 rn rn d rn m m rn w �Do.Do_w0n`0a0o.�Dao. Da0 o.Da E c c c ?,, c �, c E c c c,, c y, c y� C F E c E o E E E o E E E E E 3 E' Ed E, v w E> d a E> E> w v- E> w E w >> w E> v E v > w E> =_ E 2 E 2 y w E 2 E 2 E 2 >w E 2 E E 2 E 2 E 2 ^-0 3 v Ev E °V Ev E0 E�v E E U EU EV E VJ ++ E10cmc2_cmcmcm;cc2m o -- w a- a a- cmc v mc2 a- E`r�Eti E'G mE T$:4 uE �m!2 'u 73 8"w ��� TJ Eu � o= 0 2 u E 2 E 2 E 2 v E 2 2 0 0 2 0 2 OF C N C N_ c; c N C N C N C N N C N a N 8�8 �8� W E W S a W S W c 5 a W 5 5 W S W W S J C 9 N c N ^? o c _ � w E L C u E N E c E m o 2 r N c c m =E v �uJ r'w W W '?c v S E E w N c qy� c E ° ° N d 0 ° N e. N w OI p D w ? Y� 6 p p V P: 0 U p NC E W - L e E E c "O wN " c E 'O w $ U O 3 U J. p V E o ro m m a .E v c E o J m c m m °. v O o E w c cw °' w � J (� W W U w W v E 5o3°' Wx3� wo C) w 'uj o 3 u i ll T 0 o b 0 0 v on nd O d 0 ami> Tw 2 � c c Z �9 io g NL mE ° E o oa? mc c .- y� v w �U uLJ E� N bN � N Q v m Ei $ S E O �p 0 2 .o ° 2 a` E > G o° _ x a w E m c v III. AFFORDABLE HOUSING COMPONENT A. IMPLEMENTATION PLAN REQUIREMENTS The Affordable Housing Component of the Implementation Plan presents the Agency's intended funding plan and activities related to the production of affordable housing for persons and families of low and moderate income: The CRL definition of low and moderate income is provided in Section 50093, and the definitions of low income and very-low income are presented in Sections 50079.5 and 50105, respectively. The CRL provides that a fundamental purpose of redevelopment is to expand the supply of low and moderate income housing (Section 33071). To accomplish this purpose, the CRL contains numerous provisions to guide redevelopment agency activities regard to low and moderate income housing. These provisions divide a redevelopment ency' housing responsibilities into the following three major categories: ^ The production and /or replacement of 2. The set -aside and expenditure for the express and exclusive I community's supply of l9w -and 3. Preparing reports will meet, its sp Reporting Requi me{ This Affordable Housi responsibilities under the the Merged Project Area The Affordable Housing I housing; and revenue orig plans on how the Agency fast o items. 4 he mplementation Plan is one of the Agency's category. Its contents address how the Agency's plans for the affordable housing requirements imposed by the CRL. must address the following items. Production of Affordable Housing Based on Activities in the Merqed Project Area: Replacement Housing Requirements: If a project identified in the Implementation Plan results in the removal of units occupied by low or moderate income households, the Implementation Plan must identify suitable locations for replacement housing units to be developed or substantially rehabilitated (Section 33490(a)(3) and Section 33413(a)). 2. Incluslonary Housing Production Requirements Santa Ana Community Redevelopment Agency Implementation Plan Keyser Marston Associates, Inc. For the Merged Santa Ana Redevelopment Project Area July 1, 2005 to June 30, 2010 Page 23 0504021.SA.KHH.J LR.gbd 19090.004.001/4/2212005 a. At least 30% of all new and substantially rehabilitated dwelling units developed by a redevelopment agency shall be provided at affordable housing cost to low and moderate income households (Section 33413(b)(1)). b. At least 15% of all new residential units developed in a redevelopment project area, by public or private entities other than the redevelopment agency, shall be provided at affordable housing cost to low and moderate income households (Section 33413(b)(2)). C, At least 15% of all substantially rehabilitated units that have received redevelopment agency assistance shall be available at affordable housing cost to persons and families of low or moderate income (Section 33413(b)(2)(iii). Many affordable housing practitioners in California have concl a that redevelopment agencies can use one unit to fulfill both the replacement h sing an inclusionary housing production requirements imposed by Section 33413. ever, in a interest of a conservative approach, the Agency has made the policy decisj not t b co nt units toward the defined replacement housing and inclusionary housing 1. Twenty - percent (2009,6f the Affordable Housing and community's strpplo ow r must be placed in a separate prove and preserve the (Section 33334.2). 2. Set -Aside and t b s ant ery- , I and moderate income housing in proportion t the nm t n or u ' s defined in Section 65584 of the Government Code. The un et e for o ing 's identified in the City of Santa Ana's (City) Regional Ho in Ne As ess ent (RHNA), which is prepared by the Southern California Associate n of Go ernments (SCAG) (Section 33334.4). 3. A defined minimum percentage of Set -Aside funds must be spent on housing that is not subject to age restrictions. The minimum is equal to the percentage of the population in the City that is under the age of 65, based on United States Census data (Section 33334.4). 4. Set -Aside funds can only be used to construct infrastructure and public improvements if the improvements are an integral part of the new construction or rehabilitation of housing units that are subject to long -term income and affordability covenants, and are directly benefited by the improvements (Section 33334.2). Santa Ana Community Redevelopment Agency Implementation Plan Keyser Marston Associates, Inc. For the Merged Santa Ana Redevelopment Project Area July 1, 2005 to June 30, 2010 Page 24 0504021.SA. KHH.JLR.g bd 19090.004.001/4 122/2005 5. Set -Aside funds can only be used to fill the gap between the amount of external financing that can be supported by a project, and the total project costs. If more than 50% of the project costs are funded by the redevelopment agency, a finding must be made that no other commercial funding sources could be reasonably obtained (Section 33334.3). Other Reporting Requirements Article 16.5 additionally requires the Implementation Plan to include the following information: 1. Estimates of the balances and deposits into the Affordable Housing Fund created to hold the Set -Aside funds; 2. A housing program identifying expenditures from the 3. A description of the housing activity that has 4. Estimates of the number of housing Area for each of the various incomp Settlement Agreement Requirements In addition to the affordable< to meet the requirements of settlement agree t are Bristol Corridor Re velepn 1. Thirty (30) percelyt o Project Area must t separately accounte Housing Fund; in th &,Merged Project Area; and the Merged Project CRL, the Agency is required aments imposed by each rtWax increment generated by the Bristol Corridor to the Affordable Housing Fund. These funds must be Agency's Annual Report, 2. The following summarizes the Affordable Housing Fund use requirements: a. Off -site improvements must be directly related to a specific housing development; b. Affordable Housing Funds cannot be used for relocation benefits; " Robert P. Gonzales and Evangelina Avalos v. City of Santa Ana, etc. et al Santa Ana Community Redevelopment Agency Implementation Plan Keyser Marston Associates, Inc. For the Merged Santa Ana Redevelopment Project Area July 1, 2005 to June 30, 2010 Page 25 0504021.SA. KHH.JLR, gbd 19090.004.001 /4/22/2005 3. 9 C. No more than 15% of the Affordable Housing Funds can be used to provide rent subsidies for low and very-low income households; and d. Existing affordable units can be acquired as long as the covenants are extended by at least 15 years for rental units and 10 years for for -sale units. Units developed with the Bristol Corridor Project Area Affordable Housing Funds must be restricted in accordance with the RHNA proportionalities, as follows: b. C. At least 41 % of the units must be restricted to very-low income households, of which: At least 10% of the units in the project must be affordable to households earning 35% of the area median income At least 20% must be affordable Median or less; and / iii. Up to 11% of the units in earning 50% of thg 1ledj M least 251/c of is hp un is mt s Median or lest sm \ n Up to M Ian or Units develo ed� meet the City' hi type (senior / fa its best efforts to persons) housing be or less; earning 45% of the be'afforblable to households 60% of the earning 70% of the Area Affordable Housing Funds must also p size of units (number of bedrooms) and household the City's Housing Element. The Agency must use ely sized units to meet the large family (five or more South Harbor Boulevard Fairview Street Redevelopment Project Area (1984) 5 Sixty percent (60 %) of the property tax increment generated or related revenue or moneys repayable from property tax increment from the project area must be set aside for low and moderate income housing. 5 Gibson v. City of Santa Ana, etc, et al Santa Ana Community Redevelopment Agency Implementation Plan Keyser Marston Associates, Inc. For the Merged Santa Ana Redevelopment Project Area July 1, 2005 to June 30, 2010 Page 26 0504021. SA. KH H.JLR.gbd 19090.004.001/4t22/2005 South Main Street Redevelopment Proiect Area (1984) 8 Twenty percent (20 %) of the property tax increment generated or related revenue or moneys repayable from property tax increment from the project area are to be set aside for low and moderate income housing. North Harbor Boulevard Redevelopment Proiect Area (1984) 7 Thirty percent (30 %) of the property tax increment generated or related revenue or moneys repayable from property tax increment from the project area are to be set aside for low and moderate income housing. Thirty percent (30 %) of the tax increment generated or from property tax increment from the project area ar income housing. B. AFFORDABLE HOUSING The Agency undertook the Plan term The projects he projects and programs ire Habitat sale sir or moneys repayable low and moderate the previous Implementation I during the near -term. The for Humanity in creating eight for - income households. 2. Mercy House: V'ng diWCity assisted in the construction of transitional and permanent houomeless persons and persons with HIV /AIDS. The projects provid6 individuals and five familie s 3. Cornerstone Village Improvement Program: The Agency created a partnership effort among property owners, area residents, nonprofit developers, the City and the Agency to undertake the rehabilitation of 527 apartment units in 48 apartment buildings. 6 Peebler, et W. v. City of Santa Ana, etc., et al 7 Rodrigues, et al. v. City of Santa Ana, etc., et al a Edwards, et al. v. City of Santa Ana, etc., et al Santa Ana Community Redevelopment Agency Implementation Plan Keyser Marston Associates, Inc. For the Merged Santa Ana Redevelopment Project Area July 1, 2005 to June 30, 2010 Page 27 0504021.SA. KH H.JLR, gbd 19090.004.001/4 /22/2005 4. The Olson Company: The Agency assisted the Olson Company in developing 86 live- work loft units. The Agency assistance was provided to allow six low income households to purchase units within the project. 5. Orange Housing Development Corporation (OHDC): The Agency assisted OHDC in the acquisition of a hotel that was no longer economically viable. OHDC acquired the hotel and converted it into 89 rental units for very-low, low and moderate income households. 6. Santa Ana Boulevard: The Agency has been acquiring properties in the Santa Ana Boulevard Specific Plan area. After the Specific Plan is completed, the Agency will attract nonprofit and for profit developers to construct rental and ownership housing targeted to very-low, low and moderate income households. 7. Mobile Homes: The Agency provided loans to assist fo y -low and low income households to replace mobile homes that required ch exte sive repairs as to make rehabilitation infeasible. 8, Rehabilitation Loan Program: The inventory of aging homes within Sa provided to very-low and low inc� options. _ C. APPLICABLE Housing ProductWn Req The Agency is subj requirements. The discussed in the fol sting a large have been limited housing Iclusionary housing production imposed on the Merged Project Area are ation Plan. The Agency is required to meet the replacement housing obligations imposed by Section 33413(a). This Section requires the Agency to replace, on a one - for -one basis, all units removed from the low and moderate income housing stock as a result of Agency activities. In addition to matching the income levels of the removed units, the Agency must also replace an equal or greater number of bedrooms. The homes that are removed from the inventory may be replaced with fewer units as long as an equal or greater number of bedrooms are provided in the replacement units. Replacement housing units do not have to match tenure (i.e., rental vs. ownership, family vs. senior housing) Santa Ana Community Redevelopment Agency Implementation Plan Keyser Marston Associates, Inc. For the Merged Santa Ana Redevelopment Project Area July 1, 2005 to June 30, 2010 Page 28 0504021. SA.KHH. J LR.gbd 19090.004.00114/2212005 as the units removed from inventory. Also, replacement units can be developed anywhere within the City limits. Article 16.5 requires that if an Implementation Plan contains projects that could result in the removal of low and moderate income housing units, the plan must identify locations suitable for the replacement of such housing. The following summarizes other pertinent replacement housing requirements: 1. Affordability: a. For units that were removed between 1994 and December 31, 2001, 75 % of the replacement units must be affordable to the same income level as the displaced households. b. For units that are removed after January 1, 20 �the % of the replacement units must be affordable to the same income ley aplaced h ouseholds. 2. Long -term affordability covenants must a. All replacement housing households at the afforc run with the land. Thest land on which t,46y are b. The by to an moderate income Cant to recorzV covenants that remain affoKdable even if the ye Merged Project Area. with the foilgbvlhg requirements: i. \ PO 2, th ove n s o replacement housing units were required t be po e for h onge feasible time, but for not less than the land use on ols m ose by a Redevelopment Plan. ii. As f JVuary 1, 2002, rental units must have covenant terms for not less than S,5 ye o' while ownership units must have covenants for not less than 45Vears. 3. The law permits limited flexibility to agencies to remove the covenants from replacement units if the following conditions are met: a. Substitute units must be made available for occupancy prior to the removal of the covenants on the original replacement units(s); and b. The substitute units cannot be assisted with Set -Aside funds. Santa Ana Community Redevelopment Agency implementation Plan Keyser Marston Associates, Inc. For the Merged Santa Ana Redevelopment Project Area July 1, 2005 to June 30, 2010 Page 29 0504021. SA.KH H.J LR.gbd 19090.004.001/4 /2212005 Past Removal of Low and Moderate Income Units Since the first constituent Project Area of the Merged Project Area was adopted in 1973, Agency actions have caused the removal of housing units occupied by very-low, low and moderate income households. A detailed replacement housing analysis is on file with the Agency, and the results are summarized as follows: The Agency has fulfilled all the replacement housing obligations for units that were removed during previous Implementation Plan terms. In 2005, one very-low income five - bedroom unit was removed from the inventory as the result of Agency actions. In accordance with the requirements of Section 33413(a), the Agency has four years to replace the unit. To fulfill this re uirement, the Agency intends to purchase an existing five - bedroom unit, substantia ra", ilitate the unit, and then sell the unit to a very-low income household. Th eplace nt unit will be subject to 45- year income and affordability covenants. /\ n Future Removal of Low and Moderate Income This Implementation Plan anticipates tha eight ry-I inc a units ' I b removed from the low and moderate income housi ck i 20� le -1). These units Include six one - bedroom homes and two tw edroom om s. ntl ' a'on these units being removed from the inventory, the Age y p sip cti ely pl ced the ' in 2002. As shown in Table H -2, the replaceme unl r oc tl in he ' nie r t bstantial rehabilitation project. The Agency is requir by Section 33413(b). eOffordable housing production requirements imposed can be summarized as follows: Subparagraph (1) of SYction 33413(b) requires that 30% of all housing units developed by the Agency must be low and moderate income housing subject to long -term income and affordability covenants. The Agency has not developed any units in the past, nor are there any plans for the Agency to develop units in the future. As such, the Agency is not anticipated to incur any obligations under this provision of the CRL. 2. Subparagraph (2) of Section 33413(b) imposes the following requirements: a. At least 15% of all housing developed in the Merged Project Area, by parties other than the Agency, must be low and moderate income housing units subject to long -term income and affordability covenants. Santa Ana Community Redevelopment Agency Implementation Plan Keyser Marston Associates, Inc, For the Merged Santa Ana Redevelopment Project Area July 1, 2005 to June 30, 2010 Page 30 0504021.SA.KH H.JLR, gbd 19090.004.001 /4/2212005 b. At least 40% of the required low and moderate income units must be affordable to persons and families of very-low income. C. These requirements apply to both housing developed by private parties and to housing developed with Agency assistance by parties other than the Agency. d. These requirements are applied on a cumulative basis over time, rather than on a project -by- project basis. 3. It should be noted that the Central Project Area was adopted prior to 1976. Since Section 33413(b) only imposes inclusionary housing production requirements on redevelopment project areas adopted after January 1, 1976, units developed in the Central Project Area portion of the Merged Project Area are not subject to inclusionary housing production obligations. The following sections of the Implementation Plan rev! ast an anticipated housing development activity in the Merged Project Area to ant t roj t Area's inclusionary housing production obligations. These sections Iso id ify the nn r in which the Agency plans to fulfill the defined inclusionary hou ' pro ucti ` ation dur g the Implementation Plan period and throughout the remainin life the erged P ject A a. Past Development of Housi in th Me ed,7 t ea The residential devel ent at a un erta en by ' ate velopers and projects that received Agency sistance ! in the Mer d roj ct Ar a since 1976 are detailed in Table H- 3. The units cur; r tly r co s ucti ithin a erged Project Area are presented in Table H -4. The resulting clu 'on h ng o obligations are quantified in Table H -5. The historical develop en acti ity nd ro uctr n obligations are summarized as follows: 1976,-200 According to the Agency records, 621 residential units were constructed and /or substantially rehabilitated within the Merged Project Area, excluding the Central Project Area, between the Project Areas' inception and June 30, 1995. This development triggered an incluslonary housing obligation for 94 units, which were required to be produced by June 30, 2005. Of this total, at least 38 units were required to be provided to very-low income households. Between July 1, 1995 and June 30, 2005, an additional 368 units were constructed within the Merged Project Area, excluding the Central Project Area. These units created an inclusionary h rbduction requirement for 56 units of which at least 27 units must be set -aside for 0. .& p very-low income households. These units must be provided by June 30, 2015. For the Merged Santa Ana Redevelopment 0504021.SA. KHH.J LR.gbd 19090.004.00114/22/2006 Area Page 31 1, 2005 to June 30, 2010 Existing Inclusionary Housing Obligation The residential development activity within the Merged Project Area between 1985 and 2005 triggers an obligation to produce at least 150 units subject to long -term income and affordability covenants. Of this total, at least 65 units must be provided to very-low income households. Current and Future Housing Construction Activity in the Merged Project Area The Agency has indicated that only a small amount of residentially zoned land will remain in the Merged Project Area after the following projects are completed: Project Name 1600 Garden Grove Blvd 3401 -3405 S. Main 1 Hutton Center 9 Hutton Center 10 Hutton Center 200 E. Imperial Prom a Geneva Common Totals n The identified pr unit inclusionary At least 90 units 2. Up to 134 units Project Area S. 278 244 1,490 ;ompletion Year 2006 2006 2006 2006 2006 2006 ad units. These units will trigger a 224 - must be distributed as follows: very-low income households; and to low and moderate income households. The currently outstanding inclusionary housing obligation and the anticipated future obligations total 378 units .9 The time frame under which these obligations must be fulfilled is detailed in Table H -5, and is summarized as follows: a The obligation calculation is based on 10 -year measurements from each year in the Implementation Plan period, and rounds up any fraction of an obligation unit. Santa Ana Community Redevelopment Agency Implementation Plan Keyser Marston Associates, Inc. For the Merged Santa Ana Redevelopment Project Area July 1, 2005 to June 30, 2010 Page 32 0504021. SA.KHH.JLR. gbd 19090.004.001/4/2212005 Production Obligation Very-Low Low /Moderate Timing Income Income Total By June 30, 2005 38 56 94 By June 30, 2015 65 89 154 Through Project Area Termination 155 223 378 Inclusionary Housing Production The Agency has an obligation to produce 94 inclusionary housing units by June 30, 2005. Comparatively, to date, a total of 159 units have been produced, leaving a surplus of 65 units. These units will fulfill the inclusionary housing production requir nts associated with subsequent residential development within the Merged Pro' Area. (Table H -6 lists the inclusionary housing production units). As shown in Table H -7, it is currently anticipate hat 3 addition I in usionary housing production units will come on -line between my 1, 00 a ne 3 20 . As shown in the following table, when these units are ad ed to e 1 units t t have rea y been produced, the Agency is projected to have 470 inclu 'onV usi p duction uni y June 30, 2015. O I I ion ry Housing Production Ve -Lo Low /Moderate *20 nco e Income Total As of June 120.5 38.5 159.0 July 1, 2005 86.0 225,0 311.0 Total 206.5 263.5 470.0 The 470 inclusionary housin pr ction units will fulfill the production requirements for the 10- year cycle between July 1, 20 and June 30, 2015, and over the remaining life of the Merged Project Area. Table H -8 presentss the inclusionary housing projections for the Merged Project Area. As can be seen in Table H -8, it is currently projected that the Agency will have a surplus of 92 production units. Of this total, 51.5 are projected to be very-low income units and 40.5 are projected to be low /moderate income units. Santa Ana Community Redevelopment Agency Implementation Plan Keyser Marston Associates, Inc. For the Merged Santa Ana Redevelopment Project Area July 1, 2005 to June 30, 2010 Page 33 0504021.SA. KHH.JLR.gbd 19090.004.001/4122/2005 D. APPLICABLE DEPOSIT AND EXPENDITURE PROVISIONS Set -Aside of Gross Property Tax Increment The Merged Project Area is subject to the Section 33334.2 requirement to allocate 20% of the gross property tax increment to affordable housing activities. However, the five settlement agreements mentioned previously in this report impose additional restrictions on the use of the Set -Aside funds generated within the effected Project Areas. This Implementation Plan includes projections of the deposits that will be required to be made into the Affordable Housing Fund. In addition, the following sections of the Plan discuss how these funds will be spent over time. Proportional Expenditures of Affordable Housing The Merged Project Area is subject to the Section 3 3 e 're nt that the Agency expend Affordable Housing Fund monies in accordance ith an ' come p po Tonality test and an age restriction proportionality test. These prop Iona to is t be t b tween January 1, 2002 and June 30, 2015, and then agai In 1 ear ' e perio thro h t termination of the Merged Project Area. The results of the op rti alit test are presen In Table H -9, and described in the following secti s o e I le nt 'on la Very-Low and Low Inc e usl x e dit as The income prop rtion ' tes e uir e A y expend Set -Aside funds in proportion to the unmet housing ee th he a ee id tifi for the community pursuant to Section 65584 of the Govern nt od . e rop rtionality test used in this Implementation Plan is based on the 2000 RH pr red y G. Based on the 2000 RHNA, the Agency's minimum required allocat for ve -low and low income expenditures, and maximum allocation to moderate income housing x nditures are: Category Threshold Very-Low Income: At least 41% Low Income: At least 25% Moderate Income: No more than 34% To comply with the Section 33334.4 requirements, the Agency must spend at least 41 % of the Affordable Housing Fund monies on projects and programs dedicated to very-low income households. In addition, at least 25% of these funds must be spent on housing for low income households, and no more than 34% of the funds can be spent on moderate income households. Santa Ana Community Redevelopment Agency Implementation Plan Keyser Marston Associates, Inc. For the Merged Santa Ana Redevelopment Project Area July 1, 2005 to June 30, 2010 Page 34 0504021. SA. KHH.J LR.gbd 19090.004.00114/22/2005 i It should be noted that Section 33334.4 allows the Agency to expend a disproportionate amount of the Affordable Housing Funds for very-low income households, and to subtract a commensurate amount from the low and /or moderate income thresholds. Similarly, the Agency can provide a disproportionate amount of funding for low income housing by reducing the amount of funds allocated to moderate income households. In no event can the expenditures targeted to moderate income households exceed the established threshold amount. The Agency intends to fulfill the requirements imposed by Section 33334.4 over the period between January 1, 2002 and June 30, 2015. As shown in Table H -9, it is projected that 41% of the Affordable Housing Fund's project and program expenditures will be made for very-low income households, 30% will be made for tow income households and 29% of the funds will be allocated to moderate income households. Age Restricted Housing Expenditures Section 33334.4 also requires that the Agency regardless of age, in at least the same pro rti the City's total population as reported in e m Bureau. The 2000 Census indicates that 4.� age. As such, at least 94.5% programs must be spent toO. Based on the curr proje I monies received etw an 1, restrictions on the t nan us, th test imposed by Sectl n 3 3 4. Excess Surplus 3 s a Ilable to all persons, on nd the age of 65 bears to of the ni d States Census latio0q.t1fi der 65 years of cable housing projects and restrictions on the residents. i1t6\0/o of the Affordable Housing Fund ), 2015 to projects that impose age the age restricted housing expenditures The Merged Project Area is subject to the "excess surplus" requirements imposed by Section 33334.12. Excess surplus is defined as any unexpended and unencumbered funds in the Affordable Housing Fund that exceeds the aggregate amount deposited into the Affordable Housing Fund during the Merged Project Area's preceding four fiscal years. Section 33334.12 provides the Agency with three years to encumber any excess surplus funds. As illustrated in Table H -10, based on the beginning balance and projected deposits into the Affordable Housing Fund, the Agency does not currently have an excess surplus balance. Moreover, the activities identified in this Implementation Plan are anticipated to eliminate the potential for excess surplus during the current Implementation Plan cycle. Santa Ana Community Redevelopment Agency Implementation Plan Keyser Marston Associates, Inc. For the Merged Santa Ana Redevelopment Project Area July 1, 2005 to June 30, 2010 Page 35 0504021. SA. KHH.J LR.g bd 19090.004.0 011412 212 0 0 5 E. AFFORDABLE HOUSING GOALS AND OBJECTIVES OF THE IMPLEMENTATION PLAN The CRL requires that certain housing requirements be fulfilled during five- and 10 -year increments; and over the remaining Merged Project Area life. Specifically, the inciusionary housing production requirement must be met every ten years, and over the life of the Merged Project Area. Comparatively, the proportionality tests must be achieved between January 1, 2002 and June 30, 2015, and then again in 10 -year increments throughout the Merged Project Area life. The Agency's primary goal is to comply with the affordable housing requirements imposed by the CRL in a responsible manner. The affordable housing activi ' identified in the Implementation Plan will be undertaken over the duration of a Re velopment Plan for the Merged Project Area, and will explicitly assist in accom I' hing th ntent of the CRL in regards to the provision of low and moderate income housil� ^ Affordable Housing Fund Resources anfthe This section of the Affordable Housing Co p ne dis ss the Agenc ' affordable housing activities planned for the Imple enta n P n lo , n thr ghout the remaining Merged Project Area life. Table H- prof s th A rd b Ho 1 F d deposits and expenditures anticipated to occur du 'n e ch ar f t e I lement tion n period, and through the remaining term of e Merg olect Ar Table H -10 presents th estl 1 ed egihKiing balance in the Affordable Housing Fund, and the projected future deposits i o the F d. The projected deposits are based on a property tax increment projection prepare b MA. The Affordable Housing Fund revenues include the following: The amount of gross property tax increment required by the CRL and the five settlement agreements will be deposited into the Affordable Housing Fund. 2. On an ongoing basis, the Agency receives revenues from land sales and residual receipts loans that have been provided to affordable housing projects in the past. These revenues are deposited into the Affordable Housing Fund. Santa Ana Community Redevelopment Agency Implementation Plan Keyser Marston Associates, Inc. For the Merged Santa Ana Redevelopment Project Area July 1, 2005 to June 30, 2010 Page 36 0504021.SA.KHH.JLR.gbd 19090.004,00114/2212005 3. The Agency borrowed Set -Aside funds in fiscal years 2003/04 and 2004/05, and anticipates borrowing funds in fiscal year 2005/06, to pay for a portion of the State mandated ERAF payment. In accordance with State Law, these loans must be repaid within 10 years. As shown in the projection, the fiscal year 2003/04 loan is repaid in fiscal year 2013/14, and the fiscal year 2004/05 loan is repaid in fiscal year 2014/15. These loan repayment amounts include 4.5% simple interest accrued annually. 4. The Agency will earn interest on the monies deposited in the Affordable Housing Fund. These interest earnings are projected to average 3 %, and the interest factor is applied to average balance in the Affordable Housing fund during the previous year. The projected revenue streams for the Affordable Housing Fund can be summarized as follows: Beginning Balance 2005/06 /$10,000 Revenues Generated FY 2005/06 — 2009/10 ` \/ 6 62,000 Revenues Generated FY 1010/11 — 2014/ 370,000 Total Revenues The cash flow projection during this five -year Impl 10 also projects the e implement the fol ing and to pay for ex ting 1. The Agency is`p Housing Funds: $178,142,000 UUlu at s th t costs anticipated to be incurred br pr o ion lity testing purposes, Table H- 30,20 . e costs will be incurred to `iiO a mini er the affordable housing activities; a n activities are: projects /programs with Affordable a. New Residen 'al nstruction Programs — Infill Sites: The Agency plans to enter into partnerships with several developers to develop approximately 17 vacant parcels located throughout Santa Ana. It is anticipated that these projects will all be single - family homes that will be sold to low and moderate income households. Examples of these projects are: I. The Agency is currently working with a non - profit housing developer to develop three of the parcels. Santa Ana Community Redevelopment Agency Implementation Plan Keyser Marston Associates, Inc For the Merged Santa Ana Redevelopment Project Area July 1, 2005 to June 30, 2010 Page 37 0504021. SA.KHH.JLR.gbd 19090.004.00114/22/2005 li. It is anticipated that four single - family homes will be developed in Historic Heninger Park during the near term. These homes have been designed in collaboration with the residents to insure that the homes will be compatible with the surrounding historic homes. b. Santa Ana Boulevard Specific Plan Area Affordable Housing Activities: I. The Agency has begun assembling properties in the Specific Plan area for the subsequent development of new ownership housing units. It is currently anticipated that these sites will be sold to developers for the subsequent development of +/- 300 townhouse and condominium units. These projects will be targeted to moderate income households. ii. The Agency intends to purchase existin p ment buildings within the Specific Plan area. These projects then b sold to non - profit developers that will rehabilitate then op ate the projects. It is anticipated that approximat 65 u i be rovided to very-low and low income tenants over a 5 -y r covenan er d. C, Special Needs Housing velo ent. The A cy is a sls g a non - profit development team in the n w ns ucti o 40 -unit ap ment project that will provide housin ore me to n er to ' ncome disabled residents. d. Multi -famil R Sid tia Ac uisl'on and eh il' ation Programs: In partnership wit arious n ro an -pr fit vel ers, the Agency anticipates C tinui n a sitio d re ilit tion program for multifamily properties. The ele ed eve rs ill re onsible for the rehabilitation and ongoing mane me to he oje s, and the projects will be subject to income and affordabi' y c ve ant th ill remain in place for a minimum of 55 years. It is anticipated at 200 its will be provided during the Implementation Plan term. e. Neighborhood improvement Program: The Agency will continue to offer the Neighborhood Improvement Program, which stabilizes transitional neighborhoods through the improvement of existing residential structures and preservation of existing stock. The Program provides assistance to low and moderate income households throughout Santa Ana. ii. The Neighborhood Improvement Program also eliminates blighting conditions in targeted neighborhoods by increasing on -site management, reduction of overcrowding and rehabilitation of housing units. Santa Ana Community Redevelopment Agency Implementation Plan Keyser Marston Associates, Inc. For the Merged Santa Ana Redevelopment Project Area July 1, 2005 to June 30, 2010 Page 38 0504021. SA.KH H.J LR. gbd 19 090.004, 001 /4/22/2005 Single Family Residential Rehabilitation Programs: The Agency, in partnership with the Historic French Park Neighborhood Association, anticipates moving and rehabilitating two historic homes on to two vacant lots in French Park. These homes were purchased as part of the Santa Ana Boulevard project. The Agency provides rehabilitation loans to the owners of single - family homes. Set -Aside funds are used to assist low and moderate income households. These loans are projected to average $30,000 per unit. g. Housing Mortgage Assistance /First Time Horne Buyer Program: The Agency offers a mortgage assistance program that is currently being reviewed for potential restructuring. It is the Agency's goal t r ide 10 loans during the Implementation Plan term. Mobile Home Parks: The 29 m substantial number of very-low Agency plans to continue tl�fc Mobile Home Loan: T se fund . The Mm s rs o Ana serve a low ome nd families. The :ntZgpf�Mobile Home side funds and HOME loan to cover the cost of very-low, low and moderate replacement Program: The Agency will 000 from CaIHOME and $20,000 from Set- �r tWeplacement mobile home program. Households that d low income can replace a mobile home that needs such firs that it is not feasible to rehabilitate the coach. The to provide 20 loans during the Implementation Plan term. iii. The viability of mobile home park living for low and very -low income seniors and families is at question and risk. Over the Implementation Plan period, the Agency will continue to seek alternatives to assist with the preservation of mobile home parks and facilitation of affordable housing options for very-low income seniors and families. Santa Ana Community Redevelopment Agency Implementation Plan Keyser Marston Associates, Inc. For the Merged Santa Ana Redevelopment Project Area July 1, 2005 to June 30, 2010 Page 39 0504021. SA. KHH.JLR.gbd 19090.004.001/4122/2005 i. Preservation of Affordable Units: There are several affordable housing complexes located in Santa Ana. The Agency will consider assisting those affordable housing projects that have expiring affordable housing covenants in order to preserve the affordable housing stock. 2. Administrative Expenses: Costs such as salaries; overhead; consultant and legal fees; and supplies will be incurred to implement the Affordable Housing Program. The actual expenditures must be determined each year, and found to be necessary to implement the housing program. The cash flow projection includes annual estimates through fiscal year 2014115. 3. In fiscal year 2005/06, it is anticipated that the Agency will borrow $3.4 million in Set - Aside funds to pay for a portion of the State mandated ERAF payment. 4. Prior to this Implementation Plan period, the Agenc obtalne a HELP Loan from the California Housing Finance Agency, The annu ebt sery a on this loan equals $100,000. The loan is projected to be rep iin fis Wek 2 2/13. The projected Affordable Housing Fund elgnl c`an,m^`qummkize2,as follows: The cash flow projected to ge rated by the Affordable Housing Fund is detailed in Table H- 10, and summarized in the fol wing table: Fiscal Years 2005/06- 2009110 Revenues $86,772,000 Costs 74,248,000 Fiscal Year 2010/11- 2014/15 Total $91,370,000 $178,142,000 77,499, 000 151, 747, 000 Net Revenue /(Cost) $12,524,000 $13,871,000 $26,395,000 Santa Ana Community Redevelopment Agency Implementation Plan - Kayser Marston Associates, Inc. For the Merged Santa Ana Redevelopment Project Area July 1, 2005 to June 30, 2010 Page 40 0504021.SA.KHH.JLR.gbd 19090.004.001/4/22/2005 Fiscal Y r Fis I Year v 005/ -20 /1 1 11 014/15 Total Project Costs X58, 97, 00 7,2 ,000 $125,996,000 Administrative s 1,6 0,0 0 900,000 21,550,000 Other Cos 3,9 , 0 300,000 4,201,000 Total Costs 74, 000 $77,499,000 $151,747,000 The cash flow projected to ge rated by the Affordable Housing Fund is detailed in Table H- 10, and summarized in the fol wing table: Fiscal Years 2005/06- 2009110 Revenues $86,772,000 Costs 74,248,000 Fiscal Year 2010/11- 2014/15 Total $91,370,000 $178,142,000 77,499, 000 151, 747, 000 Net Revenue /(Cost) $12,524,000 $13,871,000 $26,395,000 Santa Ana Community Redevelopment Agency Implementation Plan - Kayser Marston Associates, Inc. For the Merged Santa Ana Redevelopment Project Area July 1, 2005 to June 30, 2010 Page 40 0504021.SA.KHH.JLR.gbd 19090.004.001/4/22/2005 ff- This Implementation Plan provides an illustrative example of how the Affordable Housing Program could be financed on an annual basis. However, the timing and specific amounts of the expenditures may be adjusted over time. Specific decisions on each of these items will be made as part of the Agency's annual budget process. Summary of Planned Affordable Housing Activity Given the successful implementation of the proposed housing program, the Agency will have accomplished the following: 1. The Agency has fulfilled 100% of their historical replacement obligations. By 2009, the Agency must provide one very-low income five - bedroom unit to replace a unit that was removed in 2005. This obligation will be fulfilled during t ' Implementation Plan period. 2. The Agency has already fulfilled 100% of the Me, r d Proje Area's existing inclusionary housing production obligations. During this 11 1 ent ion Ian period, the Agency will fulfill the prospective obligations, and is jecte ave su ]us of 92 units. 3. The Agency will have assisted in a odu 'on d/o ehabl'tati of over 700 affordable housing units. 4. The Agency's expen ' res of or bi ous un monies will comply with the proportionality tests ' po y ecti n 34.4 e eriod between January 1, 2002 and June 30„ 291 11�N 5. The Af this Im excess surplus in any fiscal year during Santa Ana Community Redevelopment Agency Implementation Plan Keyser Marston Associates, Inc. For the Merged Santa Ana Redevelopment Project Area July 1, 2005 to June 30, 2010 Page 41 0504021. SA. K H H. J LR. g b d 19090.004.00114 /2212005 APPENDIX AFFORDABLE HOUSING TABLES w OU y0 Z K Lu -a FW �K � rL Q Q F Z N ZZ Z a n o f Q 7~ Z j Ui maa E E o 0 0 0 0 0 0 0 0 0 o � 0 9 m Fj O O O O O O O O 6 a J E z N N O E Dm 0 0 0 0 0 0 0 0 0 E V D O O O O 010 o 0 0 C m - M N N C DC 0 0 0 0 0 0 0 0 0 O m N D m o 0 0 0 0 0 0 0 0 `o k�90 0 0 0 0 0 o o 0 O E 0 0 0 V C M J m o 0 0 0 0 0 0 0 0 N D m c 0 0 0 0 0 0 0 0 OF C 9 0 0 0 0 0 0 0 0 0 d � C v D o 0 0 0 0 0 0 0 0 O m u ro c J m � N > D 'o d O N N N N N N N N Q Z C) 1 Q y N W N N N N U > c c c c c c c z a0�¢ i LL ® I I 0 N G � V N N N a- O = > N U Q. X C C C � O N 6 E 5 � E O N 1 T y o Y = m y E 4 c Q o a 9 N m m 'o @ mdE°�vd @ a0�¢ i LL ® I I 0 N G � V N N N a- O = > N U Q. X C C C � O N 6 E 5 � E O N 1 T y o Y = m y E 4 c Q o a 9 N m ■ tu ) m ( \ §7 %2 }\ j §\ � ( , 2)\) | )§ $2 |) \� §2l ) \ !! §§ (2�0�=,§)\ . [ !2 0 )wwwL !!§!§!__,f \ /!=2/£§ /§§\ \§§ 0w ) j ZE \ ;Z; ; ) !®_ §(j LL 9 c »} \\ \\ )\ \\ )\ \k �\ )\ \J !®_ §(j LL 9 c »} \\ \\ )\ \\ )\ \k �\ )\ \J 0 N m_¢ W a F- U W O K a ❑� �a w WwW W Z t° zW W� a p i oa J y Fz0 wmai ❑ Z l V) 0. � 4 W J QJ in yp,� N O c c a 0 N m `O u7 r M W W m m o 0 rn rn m m rn m V m V m m Q m (m D m M rn m Em m o M M N 0 N > N �D U N •o ¢ m U W •C O z z z z v V U m p 0 m g 0 0 0 0 0 0 0 0 0 0 0 0 0 0 a~_1 K m m m K O yy-- m m m m m p a?_ Z Z Z c D 'iii .c v v z v v y z z v v v v v v z z z z z z z z z z z z z v z z z z z v z z LL 0 U O._ °a �ry N L" v =. o � N N e ¢ x � c c o Ca o n ❑ y m ❑ z D m y M m `o `o m o O K 'o o o $ E $ T t m Y ¢ a '� W C W v •c m W N M U C m N S•. cO m= 2 L g N �y .c H F c •co N m m N tY y o •ti F = LLI v ?n >- ` N J fn W o O V 0 O N O N O [O N O Z Z O O O fV D d �� 0 M N r N' � m � h h �N-- r � � � .- T I- d \,_ VO' 0 t ii .N- N O N M m W O K a W Wf WW Z TTZ_ � FD �5 c7 Z W W ^� IL JQ 0 Q Q Q Q z C W3a OZu ul 0b a = L) J O W j m yam Obi M M p V o m M r r � 00 r r I M r r r r r I N r l4 o � H 7 d +'S C Q � 'O 0 W D C d Q 0 N m o N M W m O N M [h M M M M m w ro m m m m m m m m m m m o 0 0 0 0 0 v m m m m m m m m m m m m m m m T N N N N N N E N N N N N N N N N N N N N N N N N N N N N N N Q J J J J J 3 z 1 N N N U d O C N m m d N a` U a V a N I O N d m N a 0 c N v N. N 6j O = N N N Q X C O N 2 N a 6 6 E T m N = Y d m n c N N as / ( B k § / ( c� §/ !m (/ (§ §; \k §\ \\ , \k ~ §§ ) 0 CL � ƒfR§§q§5q 0 \§000000 /).] §§ §§ii G § 0 E `222w§ t \0= . 7!� § =11 \r f / /�) � § ) R � � -\ O ; \\ §�#§ \ \\ \ #! ® ){ \ \E \ : J � « O F- C7 ` � F 47 r Q G Z � o =, S � a� Q f M Z S � c m U a F z g 9 r r r r r r r r i r r 7 r � � N r r r r 1 r A �.0 Ai N M V n r r r r m 0 O�1 r r 0 7 0 r N C �yC Q X C N C C ti v O D O N �a l M 0 M n �q M r r r r N r i r r flN b n 9 r r r r r r r r i r r 7 N d L 0 C 7 VII r M � N r r r r 1 r A �.0 Ai N M V n r r r r m 0 O�1 r r 0 7 r r N C �yC Q X C N C C ti v O D O N �a Q O 7 M �q q r r r r N flN b C N Y S N J J N d L 0 C 7 VII r r r r r r r A �.0 Ai N M 0 0 O�1 r r r r r N M Q X OI 1/r N C C ti v N O N �a Q O 7 �q q dr C C Y S N J J N N F ycyc N U O N 12 16 c h a ii v c 4 N M (O h N Or o r N M V rn C N N N N N N N N N N ¢ O O O O O O O O O O O N I-' N �• N N N N N N N W N N �- N �I M M MI r r i CM1 N m tMri N W r rl r� 0 0 0 '� c 0 o m M M C y � � •p E F 10 E E °ova U N N A �.0 Ai N M 0 0 O�1 loD NI r d M N M r rl r� 0 0 0 '� c 0 o m M M C y � � •p E F 10 E E °ova U N N A �.0 Ai C 0 0 N _rn o 0 oT d M N N U Q X OI 1/r N C C ti v N O N �a �q q dr C C Y S N J J N N F ycyc N U O N 12 c a ii TABLE H -6 INCLUSIONARY HOUSING FULFILLMENT ANALYSIS' PROJECT AREAS' INCEPTION THROUGH JUNE 30, 2005 IMPLEMENTATION PLAN - SANTA ANA MERGED PROJECT AREA SANTA ANA CALIFORNIA Very- Covenant Total Low Low Moderate Project Period Total Units Countable Income Income Income I. Fulfillment Projects Year Type # of Years Produced Units Units Units Units " Inside Project Area 1309 BORCHARD 2003 New 60 1.0 1.0 1.0 0.0 0.0 Outside Project Area Y 1102 MINNIE #8 2002 Rehab 55 1.0 0.5 0.5 0.0 0.0 1102 MINNIE #9 2002 Rehab 55 1.0 0.5 0.5 0.0 0.0 1102 MINNIE #10 2002 Rehab 55 1.0 0.5 0.5 0.0 0.0 1118 MINNIE #1 2002 Rehab 55 1.0 0.5 0.5 0.0 0.0 1118 MINNIE #2 2002 Rehab 55 1.0 0.5 0.5 0.0 0.0 1118 MINNIE #3 2002 Rehab 65 1.0 0.5 0.5 0.0 0.0 1118 MINNIE #4 2002 Rehab 55 1.0 0.5 0.5 0.0 0.0 1118 MINNIE #5 2002 Rehab 55 1.0 0.5 0.5 0.0 0.0 1118 MINNIE #6 2002 Rehab 55 1.0 0.5 0.5 0.0 0.0 1118 MINNIE #7 2002 Rehab 55 1.0 0.5 0.5 0.0 0,0 1118 MINNIE #8 2002 Rehab 55 1.0 0.5 0.5 0.0 0.0 1118 MINNIE #9 2002 Rehab 55 1.0 0.5 0.5 0,0 0.0 1118 MINNIE #10 2002 Rehab 55 1.0 0.5 0.5 0.0 0.0 1121 MINNIE #1 2002 Rehab 55 1.0 0.5 0.5 0.0 0.0 1121 MINNIE #2 2002 Rehab 55 1.0 0.5 0.5 0.0 0.0 1121 MINNIE #3 2002 Rehab 55 1.0 0.5 0,5 0.0 OAO 1121 MINNIE #4 2002 Rehab 55 1.0 0.5 0.5 0.0 O.O�, 1121 MINNIE 95 2002 Rehab 55 1.0 0.5 0.5 0.0 0.0 1121 MINNIE #6 2002 Rehab 55 1.0 0.5 0.5 0.0 0.0 1121 MINNIE #7 2002 Rehab 55 1.0 0.5 0.5 0.0 0.0 1121 MINNIE #8 2002 Rehab 55 1.0 0.5 0.5 0.0 0.0 1121 MINNIE 99 2002 Rehab 55 1.0 0.5 0.5 0.0 0.0 1121 MINNIE #10 2002 Rehab 55 1.0 0.5 0.5 0.0 0.0 1125 MINNIE #1 2002 Rehab 55 1,0 0.5 0.5 0.0 0.0 1125 MINNIE #2 2002 Rehab 55 1.0 0.5 0,5 0.0 0.0 1125 MINNIE #3 2002 Rehab 55 1.0 0.5 0.5 0.0 0.0 1125 MINNIE #4 2002 Rehab 55 1.0 0.5 0.5 0.0 0.0 1125 MINNIE #5 2002 Rehab 55 1.0 0.5 0.5 0.0 0.0 1125 MINNIE #6 2002 Rehab 56 1.0 0.5 05 0.0 0.0 1125 MINNIE #7 2002 Rehab 55 1.0 0.5 0.5 0.0 0.0 1125 MINNIE #8 2002 Rehab 55 1.0 0.5 0.5 0.0 0.0 1125 MINNIE 09 2002 Rehab 55 1.0 0.5 0.5 0.0 0.0 1125 MINNIE #10 2002 Rehab 55 1.0 0.5 0.5 0.0 0.0 935 MINNIE #1 2003 Rehab 55 1.0 0.5 0.5 0.0 0.0 935 MINNIE 95 2003 Rehab 55 1.0 0.5 0.5 0.0 0.0 935 MINNIE #6 2003 Rehab 55 1.0 0.5 0.5 0.0 0.0 935 MINNIE #10 2003 Rehab 55 1.0 0.5 0.5 0.0 0.0 1006 MINNIE #1 2003 Rehab 55 1.0 0.5 0.5 0.0 0.0 1006 MINNIE #5 2003 Rehab 55 1.0 0.5 0.5 0.0 0.0 1006 MINNIE #5 2003 Rehab 55 1.0 0.5 0.5 0.0 0.0 1006 MINNIE 010 2003 Rehab 55 1.0 0.5 0.5 0.0 0.0 1010 MINNIE #6 2003 Rehab 55 1.0 0.5 0.5 0.0 0.0 1010 MINNIE #10 2003 Rehab 55 1.0 015 0.5 0.0 ox 1114 MINNIE #1 2003 Rehab 55 1.0 0.5 0.5 0.0 0.0 - - - -' 1114 MINNIE #2 2003 Rehab 55 1.0 0.5 0.5 0.0 0.0 Prepared by: Keyser Marston Assoclates, Inc. DRAFT Page 1 of 7 Filename: SA Hsg - Imp Plan.xls; H -5; jlr; 4/22/2005 TABLE H -6 'ICLUSIONARY HOUSING FULFILLMENT ANALYSIS' _ PROJECT AREAS' INCEPTION THROUGH JUNE 30, 2005 IMPLEMENTATION PLAN - SANTA ANA MERGED PROJECT AREA SANTA ANA CALIFORNIA Total Total Units Countable Produced Units 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1,0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1,0 1.0 1.0 1.0 1.0 1.0 1,0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 t0 1.0 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0, 5 0.5 0.5 0.5 0.5 0.5 0.6 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 Very - Covenant Low Moderate Project Period I. Fulfillment Projects Year Type I# of Years 1114 MINNIE #3 2003 Rehab 65 1114 MINNIE #4 2003 Rehab 55 1114 MINNIE #5 2003 Rehab 55 1114 MINNIE 46 2003 Rehab 55 1114 MINNIE #7 2003 Rehab 55 1114 MINNIE #8 2003 Rehab 55 1114 MINNIE #9 2003 Rehab 55 1114 MINNIE #10 2003 Rehab 55 1014 MINNIE #1 2003 Rehab 55 1014 MINNIE #5 2003 Rehab 55 1014 MINNIE #6 2003 Rehab 55 1014 MINNIE 410 2003 Rehab 55 1018 MINNIE #1 2003 Rehab 55 1018 MINNIE #5 2003 Rehab 55 1018 MINNIE #6 2003 Rehab 55 1018 MINNIE #10 2003 Rehab 55 939 SEVENTEENTH #128 2004 Rehab 55 939 SEVENTEENTH #129 2004 Rehab 55 939 SEVENTEENTH #130 2004 Rehab 55 939 SEVENTEENTH #131 2004 Rehab 65 939 SEVENTEENTH #132 2004 Rehab 55 939 SEVENTEENTH #133 2004 Rehab 55 939 SEVENTEENTH #134 2004 Rehab 55 939 SEVENTEENTH #201 2004 Rehab 65 939 SEVENTEENTH #202 2004 Rehab 55 939 SEVENTEENTH #203 2004 Rehab 55 939 SEVENTEENTH #204 2004 Rehab 55 939 SEVENTEENTH #208 2004 Rehab 55 939 SEVENTEENTH #211 2004 Rehab 55 939 SEVENTEENTH #219 2004 Rehab 55 939 SEVENTEENTH #220 2004 Rehab 55 939 SEVENTEENTH #105 2004 Rehab 55 939 SEVENTEENTH #109 2004 Rehab 55 939 SEVENTEENTH #110 2004 Rehab 55 939 SEVENTEENTH #113 2004 Rehab 55 939 SEVENTEENTH #118 2004 Rehab 55 939 SEVENTEENTH #207 2004 Rehab 55 939 SEVENTEENTH #209 2004 Rehab 55 939 SEVENTEENTH #210 2004 Rehab 55 939 SEVENTEENTH #213 2004 Rehab 55 939 SEVENTEENTH #214 2004 Rehab 55 939 SEVENTEENTH #217 2004 Rehab 55 939 SEVENTEENTH #218 2004 Rehab 55 939 SEVENTEENTH 9221 2004 Rehab 55 939 SEVENTEENTH #222 2004 Rehab 55 939 SEVENTEENTH 0225 2004 Rehab 55 939 SEVENTEENTH #226 2004 Rehab 55 939 SEVENTEENTH #227 2004 Rehab 55 939 SEVENTEENTH #229 2004 Rehab 55 Total Total Units Countable Produced Units 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1,0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1,0 1.0 1.0 1.0 1.0 1.0 1,0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 t0 1.0 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0, 5 0.5 0.5 0.5 0.5 0.5 0.6 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 Very - Low Low Moderate Income Income Income Units Units Units 0.5 0.0 0.0 0.5 0.0 0.0 0.5 0.0 0.0 0.5 0.0 0.0 0.5 0.0 0.0 0.5 0.0 0.0 0.5 0.0 0.0 0.5 0.0 0.0 015 0.0 0.0 0.5 0.0 0.0 015 0.0 0.0 0.5 0.0 0.0 0.5 0.0 0.0 0.5 0.0 0.0 0.5 0.0 0.0 0.5 0.0 0.0 0.0 0.5 0.0 0.0 0.5 0.0 0.0 0.5 0.0 0.0 0.5 0.0 0.0 0.5 0.0 0.0 015 0.0 0.0 0.5 0.0 0.0 0.5 0.0 0.0 0.5 0.0 0.0 0.5 0.0 0.0 0.5 0.0 0.0 0.5 0.0 0.0 0.5 0.0 0.0 015 0.0 0.0 015 0.0 0.0 0.5 010 0.0 0.5 0.0 0.0 0.5 0.0 0.0 0,5 0.0 0.0 0.5 0.0 0.0 0.5 0.0 0.0 0.5 0.0 0.0 0.5 0.0 0.0 0.5 0.0 0.0 0.5 0.0 0.0 0.5 0.0 0.0 0.5 0.0 0.0 0.5 0.0 0.0 0.5 OA 0.0 0.5 0.0 0.0 0.0 0.5 0.0 0.0 0,5 0.0 0.0 0.5 Prepared by: Keyser Marston Associates, Inc, DRAFT page 2 of 7 Filename: SA Hsg - Imp Plan.xls; H -6; jr; 4/2212005 1 TABLE H -6 INCLUSIONARY HOUSING FULFILLMENT ANALYSIS' PROJECT AREAS' INCEPTION THROUGH JUNE 30, 2005 IMPLEMENTATION PLAN -SANTA ANA MERGED PROJECTAREA SANTA ANA, CALIFORNIA Very- Covenant Total Low Low Moderate Project Period Total Units Countable Income Income Income 1. Fulfillment Projects Year Type (# of YearsI Produced Units Units Units Units 939 SEVENTEENTH #230 2004 Rehab 55 1.0 0.5 0.0 0.0 0.5 939 SEVENTEENTH #231 2004 Rehab 55 1.0 0.5 0.0 0.0 0.5 939 SEVENTEENTH #232 2004 Rehab 55 1.0 0.5 0.0 0.0 0.6 939 SEVENTEENTH #233 2004 Rehab 55 1.0 0.5 0.0 0.0 0.5 939 SEVENTEENTH #234 2004 Rehab 55 1.0 0.5 0.0 0.0 0.6 939 SEVENTEENTH #235 2004 Rehab 55 1.0 015 0.0 0.0 0.5 939 SEVENTEENTH #236 2004 Rehab 55 110 0.5 0.0 0.0 0.5 939 SEVENTEENTH 0237 2004 Rehab 55 1.0 0.5 0.0 0.0 0.5 939 SEVENTEENTH #238 2004 Rehab 55 1.0 0.5 0.0 0.0 0.5 939 SEVENTEENTH 0239 2004 Rehab 55 1.0 0.5 0.0 0.0 0.5 939 SEVENTEENTH #240 2004 Rehab 55 1.0 0.5 0.0 0.0 0.5 939 SEVENTEENTH #241 2004 Rehab 55 1.0 0.5 0.0 0.0 0.5 939 SEVENTEENTH #242 2004 Rehab 55 1.0 0.5 0.0 0.0 0.5 939 SEVENTEENTH #243 2004 Rehab 55 1.0 0.5 0.0 0.0 0.5 939 SEVENTEENTH #244 2004 Rehab 55 110 0.5 0.0 0,0 0.5 939 SEVENTEENTH #245 2004 Rehab 55 1.0 0.5 010 0.0 0.5 939 SEVENTEENTH #246 2004 Rehab 55 1.0 0.5 0.0 0.0 0.5 939 SEVENTEENTH #247 2004 Rehab 55 1.0 0.5 0.0 0.0 0.5 939 SEVENTEENTH #249 2004 Rehab 55 1.0 015 010 0.0 0.5 939 SEVENTEENTH #250 2004 Rehab 55 1.0 0.5 0.0 0.0 0.5` 939 SEVENTEENTH #251 2004 _ Rehab 55 1.0 0.5 0.0 0.0 0.5 939 SEVENTEENTH #252 2004 Rehab 55 1.0 0.5 010 0.0 0.5 939 SEVENTEENTH #253 2004 Rehab 55 1.0 0.5 010 0.0 0.5 939 SEVENTEENTH #254 2004 Rehab 55 1.0 0.5 0.0 0.0 0.5 939 SEVENTEENTH #255 2004 Rehab 55 1.0 0.5 0.0 0.0 0.5 939 SEVENTEENTH 0119 2004 Rehab 55 1.0 0.5 0.0 0.0 0.5 939 SEVENTEENTH #215 2004 Rehab 55 1.0 0.5 0.0 0.0 0.5 939 SEVENTEENTH #216 2004 Rehab 55 1.0 0.5 0.0 0.0 0.5 939 SEVENTEENTH #224 2004 Rehab 55 1.0 0.5 0.0 010 0.5 939 SEVENTEENTH #228 2004 Rehab 55 1.0 0.5 0.0 0.0 0.5 939 SEVENTEENTH #101 2004 Rehab 55 1.0 0.5 0.5 0.0 0.0 939 SEVENTEENTH #106 2004 Rehab 55 1.0 0.5 0.5 0.0 010 939 SEVENTEENTH #107 2004 Rehab 55 1.0 0.5 0.5 0.0 0.0 939 SEVENTEENTH #108 2004 Rehab 55 1.0 0.5 015 0.0 0.0 939 SEVENTEENTH #111 2004 Rehab 55 1.0 0.5 0.5 0.0 0.0 939 SEVENTEENTH #112 2004 Rehab 55 1.0 0.5 0.5 0.0 0.0 939 SEVENTEENTH #114 2004 Rehab 55 1.0 0.5 0.5 0.0 0.0 939 SEVENTEENTH #115 2004 Rehab 55 1.0 0.5 0.5 0.0 0.0 939 SEVENTEENTH #116 2004 Rehab 55 1.0 0.5 0.5 0.0 0.0 939 SEVENTEENTH #117 2004 Rehab 55 1..0 0.5 0.5 0.0 0.0 939 SEVENTEENTH #120 2004 Rehab 55 1.0 0.5 0.5 0.0 0.0 939 SEVENTEENTH #121 2004 Rehab 55 1.0 0.5 0.5 0.0 0.0 939 SEVENTEENTH 0122 2004 Rehab 55 1.0 0.5 0.5 0.0 010 939 SEVENTEENTH #123 2004 Rehab 55 1.0 0.5 0.5 0.0 0.0 641 ADAMS 2004 New 60 1.0 0.5 0.5 0.0 0.0 901 SIXTH ST #1 2005 Rehab 55 1.0 0.5 0.5 0.0 0.01 901 SIXTH ST #2 2005 Rehab 55 1.0 0.5 0.5 0.0 . 0.0'\� i 901 SIXTH ST #14 2005 Rehab 55 1.0 0.5 0.0 0.5 _ 0.0 901 SIXTH ST #15 2005 Rehab 55 1.0 0.5 0.0 0.5 0.0 Prepared by: Keyser Marston Associates, Inc. DRAFT Page 3 of 7 Filename: SA Hsg - Imp Plan.xis; H -6', Jlr; 4/22/2005 TABLE H -6 NCLUSIONARY HOUSING FULFILLMENT ANALYSIS' PROJECT AREAS' INCEPTION THROUGH JUNE 30, 2005 IMPLEMENTATION PLAN -SANTA ANA MERGED PROJECT AREA SANTA ANA, CALIFORNIA _ Very- Covenant Total Low Low Moderate Project Period Total Units Countable Income Income Income I. Fulfillment Projects Year Type I# of Years Produced Units Units Units Units 901 SIXTH ST #16 2006 Rehab 55 1.0 0.5 0.0 0.5 0.0 901 SIXTH ST #17 2005 Rehab 55 1.0 0.5 0.0 0.5 0.0 901 SIXTH ST #18 2005 Rehab 55 1.0 0.5 0.0 0.5 0.0 901 SIXTH ST #19 2005 Rehab 55 1.0 0.5 0.0 0.5 0.0 901 SIXTH ST #20 2005 Rehab 55 1.0 0.5 0.0 0.5 0.0 901 SIXTH ST #21 2005 Rehab 55 1.0 0.5 0.0 0.5 0.0 901 SIXTH ST #22 2005 Rehab 55 1.0 0.5 0.0 0.5 0.0 901 SIXTH ST #23 2005 Rehab 55 1.0 0.5 0.0 0.5 0.0 901 SIXTH ST #24 2005 Rehab 55 1.0 0.5 0.0 0.5 0.0 901 SIXTH ST #11 2005 Rehab 55 1.0 0.8 010 0.5 0.0 901 SIXTH ST #12 2005 Rehab 55 1.0 0.5 0.0 0.5 0.0 901 SIXTH ST #13 2005 Rehab 55 1.0 0.5 0.0 0.5 0.0 815 MINNIE #8 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 815 MINNIE #9 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 815 MINNIE #`10 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 816 MINNIE #11 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 815 MINNIE #12 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 815 MINNIE #13 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 815 MINNIE 014 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 815 MINNIE #15 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 815 MINNIE #18 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 815 MINNIE #17 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 816 MINNIE #18 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 816 MINNIE #1 2006 Rehab 55 1.0 0.5 0.5 0.0 0.0 616 MINNIE #2 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 816 MINNIE 03 2005 Rehab 65 1.0 0.5 0.5 0.0 0.0 815 MINNIE #4 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 816 MINNIE #6 2005 Rehab 65 1.0 0.5 0.5 0.0 0.0 816 MINNIE #6 2005 Rehab 55 1.0 0,5 0.5 0.0 010 816 MINNIE #7 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 816 MINNIE #8 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 815 MINNIE #9 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 816 MINNIE 010 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 825 MINNIE #1 2005 Rehab 55 1.0 0.6 0.5 0.0 0.0 825 MINNIE #2 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 825 MINNIE #3 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 825 MINNIE #4 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 825 MINNIE #5 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 825 MINNIE #6 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 825 MINNIE #7 2005 Rehab 55 1.0 0.5 0.5 0.0. 0.0 825 MINNIE #8 2005 Rehab 55 1.0 0,5 0.5 0.0 0.0 825 MINNIE #9 2005 Rehab 55 1.0 0.5 0.5 0,0 010 825 MINNIE #10 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 825 MINNIE #11 2006 Rehab 55 1.0 0.5 0.5 0.0 0.0 825 MINNIE #12 2005 Rehab 55 1,0 0.5 0.5 0.0 0.0 825 MINNIE #13 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 825 MINNIE #14 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 825 MINNIE #15 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 825 MINNIE #16 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 Prepared by: Keyser Marston Associates, Inc. DRAFT Page 4 of 7 Filename: SA Hag - Imp Plan.xls; H -6; jlr; 4122/2005 TABLE H -6 INCLUSIONARY HOUSING FULFILLMENT ANALYSIS' PROJECT AREAS' INCEPTION THROUGH JUNE 30, 2005 IMPLEMENTATION PLAN - SANTA ANA MERGED PROJECT AREA SANTA ANA CALIFORNIA Very - Covenant Total Low Low Moderate Project Period Total Units Countable Income Income Income I. Fulfillment Projects Year Type (# of Years Produced Units Units Units Units 825 MINNIE #17 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 825 MINNIE 08 2005 Rehab 55 1.0 0.5 0.5 010 0.0 828 MINNIE #1 2005 Rehab 55 1.0 0.5 015 0.0 0.0 828 MINNIE #2 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 828 MINNIE #3 2005 Rehab 55 - 1.0 0.5 0.5 0.0 0.0 828 MINNIE #4 2005 Rehab 55 1.0 0.5 0.6 0.0 0.0 828 MINNIE #6 2005 Rehab 55 1.0 0.5 0.5 0.0 0,0 828 MINNIE #6 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 828 MINNIE #7 2005 Rehab 55 1,0 0.5 0.5 0.0 0.0 828 MINNIE #8 2005 Rehab 55 1.0 0.5 015 0.0 0.0 828 MINNIE #9 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 828 MINNIE #10 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 835 MINNIE #1 2005 Rehab 55 1.0 0.5 0.5 010 0.0 835 MINNIE #2 2005 Rehab 55 1.0 0.5 0.5 010 0.0 835 MINNIE #3 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 835 MINNIE #4 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 835 MINNIE #5 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 835 MINNIE #6 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 835 MINNIE #7 2006 Rehab 55 1.0 0.5 0.5 0.0 0.0 \ 835 MINNIE #8 2005 Rehab 65 110 0.5 0.5 0.0 0,0, 835 MINNIE #9 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 - -� 835MINNIE #10 2005 Rehab 55 1.0 0,6 0.5 0.0 0.0 835 MINNIE #11 2005 Rehab 55 1.0 0.5 015 0.0 0.0 835 MINNIE #12 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 835 MINNIE #13 2005 Rehab 55 1,0 0.5 0.5 0.0 0.0 835 MINNIE #14 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 835 MINNIE #15 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 835 MINNIE #16 2005 Rehab 55 1.0 0.5 0.5 0,0 010 835 MINNIE #17 2005 Rehab 55 1.0 0.5 0.6 0.0 0.0 904 MINNIE #1 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 904 MINNIE #2 2005 Rehab 55 1.0 0.5 0.5 0,0 0.0 904 MINNIE #3 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 904 MINNIE #4 2005 Rehab 55 1.0 0.6 0.5 0.0 0.0 904 MINNIE #6 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 904 MINNIE #6 2005 Rehab 55 1.0 015 0.5 0.0 0.0 904 MINNIE #7 2005 Rehab 55 1.0 0.5 0.5 0,0 0.0 904 MINNIE #8 2005 Rehab 55 - 1.0 0.5 0.5 0.0 0.0 904 MINNIE #9 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 904 MINNIE #10 2005 Rehab 55 1.0 O.5 0.5 0.0 0.0 904 MINNIE #11 2005 Rehab- 55 1.0 0,5 0.5 0.0 0.0 904 MINNIE #12 2005 Rehab 55 1.0 0.5 0.5 0.0 0,0 904 MINNIE #13 2005 Rehab 55 1,0 0.5 0.5 0.0 0.0 904 MINNIE #14 2005 Rehab 65 1.0 0.5 0.5 0.0 0.0 904 MINNIE #15 2005 Rehab 55 1.0 016 0.5 0.0 0.0 904 MINNIE #16 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 904 MINNIE 017 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 9D4 MINNIE #18 2005 Rehab 55 1.0 0.5 0.5 0.0 0.1� 4' -� 901 SIXTH ST #3 2005 Rehab 55 1.0 0.5 0.5 0.0 901 SIXTH ST #4 2005 Rehab 55 1.0 0.5 0.5 0,0 0.0 Prepared by: Keyser Marston Associates, Inc. DRAFT Page 5 of 7 Filename: SA Hsg - Imp Plan.xls; H -6; jlr, 4/22/2005 TABLE H -6 YCLUSIONARY HOUSING FULFILLMENT ANALYSIS' .,ROJECT AREAS' INCEPTION THROUGH JUNE 30, 2005 IMPLEMENTATION PLAN - SANTA ANA MERGED PROJECT AREA SANTA ANA, CALIFORNIA Very- Covenant Total Low Low Moderate Project Period Total Units Countable Income Income Income 1. Fulfillment Projects Year Type (# of Years) Produced Units Units Units Units 901 SIXTH ST #5 2005 Rehab 65 1.0 0.5 0.5 0.0 0.0 901 SIXTH ST 96 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 901 SIXTH ST #7 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 901 SIXTH ST #8 2005 Rehab 55 1.0 0.5 0.5 0.0 0,0 901 SIXTH ST #9 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 901 SIXTH ST 010 2005 Rehab 55 1.0 0.5 0.5 0,0 0.0 818 GARFIELD #B 2005 Rehab 55 110 0.5 0.5 0.0 0.0 815 MINNIE #6 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 818 GARFIELD #C 2005 Rehab 55 1,0 0.5 0.5 0.0 0.0 818 GARFIELD #D 2005 Rehab 55 1.0 0,5 0.5 0.0 0.0 818 GARFIELD #E 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 1029 MINNIE #1 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 1029 MINNIE #4 2005 Rehab 55 1.0 0.5 0.5 0.0 010 1029 MINNIE #5 2006 Rehab 55 1.0 0.5 0.5 0.0 0.0 1029 MINNIE #8 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 1101 MINNIE #1 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 1101 MINNIE #4 2005 Rehab 55 1.0 015 0.5 010 0.0 1101 MINNIE #5 2005 Rehab 55 1.0 0.5 015 0,0 0.0 1101 MINNIE #8 2005 Rehab 55 1.0- 0.5 0.5 0.0 0,0 1122 MINNIE #1 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 1122 MINNIE #4 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 1122 MINNIE #5 2005 Rehab 65 1,0 0.5 0.5 0.0 0.0 1122 MINNIE #8 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 1126 MINNIE #1 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 1126 MINNIE 94 2005 Rehab 55 1.0 0,5 0.5 0.0 0.0 1126 MINNIE #5 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 1126 MINNIE #8 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 805 MINNIE #1 2006 Rehab 55 1.0 0.5 0.5 0.0 0.0 805 MINNIE #2 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 805 MINNIE #3 2005 Rehab 55 1.0 0.5 0,5 0.0 0.0 805 MINNIE #4 - 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 805 MINNIE #5 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 805 MINNIE #8 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 805 MINNIE #7 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 805 MINNIE #8 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 805 MINNIE #9 2005 Rehab 55 1.0 0.5 015 0.0 0.0 805 MINNIE #10 2005 Rehab 55 110 0.5 0.5 0.0 0.0 805 MINNIE #11 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 805 MINNIE #12 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 805 MINNIE #13 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 805 MINNIE #14 2005 Rehab 55 1.0 0.5 0,5 0.0 0.0 805 MINNIE #15 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 805 MINNIE #16 2005 Rehab - 55 1.0 0.5 0.5 0.0 0.0 805 MINNIE #17 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 805 MINNIE #18 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 810 MINNIE #1 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 810 MINNIE #2 2005 Rehab 55 1.0 0.5 0.5 0,0 0.0 810 MINNIE #3 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 810 MINNIE #4 2005 Rehab 55 1.0 0.5 0.5 010 0.0 Prepared by: Keyser Marston Associates, Inc. DRAFT Filename: SA Hsg - Imp Plan.xls; H -6; jlr; 4/22/2005 Page 6 of 7 TABLE H -6 INCLUSIONARY HOUSING FULFILLMENT ANALYSIS' PROJECT AREAS' INCEPTION THROUGH JUNE 30, 2005 IMPLEMENTATION PLAN - SANTA ANA MERGED PROJECT AREA SANTA ANA, CALIFORNIA Very- Covenant Total Low Low Moderate Project Period Total Units Countable Income Income Income I. Fulfillment Projects Year Type I# of Years) Produced Units Units Units Units MINNIE #5 2005 Rehab 55 1.0 0.5 0.6 010 0.0 .810 810 MINNIE #6 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 810 MINNIE #7 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 810 MINNIE #B 2005 Rehab 55 1.0 0.5 0.5 0.0 0,0 810 MINNIE 09 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 810 MINNIE #10 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 B10 MINNIE #11 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 810 MINNIE #12 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 810 MINNIE #13 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 810 MINNIE #14 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 810 MINNIE #15 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 810 MINNIE #16 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 810 MINNIE #17 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 810 MINNIE #18 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 815 MINNIE #1 2005 Rehab 55 1.0 015 0.5 0.0 0.0 815 MINNIE #2 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 815 MINNIE #3 2005 Rehab 55 1.0 015 0.5 0.0 0.0 815 MINNIE #4 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 815 MINNIE #5 2005 Rehab 55 1.0 0.5 0,5 0.0 0.0 815 MINNIE #7 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 1101 MINNIE #2 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 -� 1101 MINNIE #6 2005 Rehab 55 1.0 0.5 0.5 010 0.0 1122 MINNIE #2 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 1122 MINNIE #6 2005 Rehab 55 1.0 - 0.5 0.5 0.0 0.0 1126 MINNIE #2 2005 Rehab 55 1.0 0.5 0.5 0.0 0.0 320 ADAMS 2005 New 60 1.0 0.5 0.5 0.0 0.0 Total Incluslonary Housing Fu fillment 317.0 159.0 120.5 22.0 16.6 Prepared by: Keyser Marston Associates, Inc. DRAFT Page 7 of 7 Fllename: SA Hsg - Imp Plan.xls; H -6; 11r; 4/22/2005 \/ \LU )( }\ R m: / ) \§/ 0 . jE) a! §a „ - #�!§ { N , w0 ! .2 )k £,1 LL ;@mG2G ,- � O ) # 2& w; . (( )t 0 ! t) \) )1 /;!, #: !\ § . o 0o w ) )/2)) {\)kk) \ )\ } )[ \\\\)\ \ \ \ \/\ \ - )§ ) / { }mmm TABLE H -8 INCLUSIONARY HOUSING FULFILLMENT ANALYSIS �\ IMPLEMENTATION PLAN - SANTA ANA MERGED PROJECT AREA SANTA ANA, CALIFORNIA I Units constructed outside of the Project Area are counted on a i for 2 basis. i Prepared by: Keyser Marston Associates, Inc. A /t Filename: SA Hsg - Imp Plan.xls; H -8; jr: 4122/2005 DRAFT Very- Low/ Total Low Mod Countable Income Income 1. Incluslonary Housing Surolusl(Deflcit) as of June 30, 2005 Units Units Units Total lnclusionary Housing Fulfillment 159.0 120.5 38.5 (Less) Incluslonary Housing Obligation t (94.0) (38'0) (56.0) linclusionary Housing Sur lus/ Deficit 65.0 82.5 17.5 I Units constructed outside of the Project Area are counted on a i for 2 basis. i Prepared by: Keyser Marston Associates, Inc. A /t Filename: SA Hsg - Imp Plan.xls; H -8; jr: 4122/2005 DRAFT Very- Low/ Total Low Mod Countable Income Income 11. Incluslonary Housinn Surplus/fDeflcitl as of June 30 2014 Units Units Units Total lnclusionary Housing Fulfillment 470,0 206.5 263.5 (Less) Incluslonary Housing Obligation' (154 (65.0) (89.0) lInclusionary Housing Surplus/ Deficit 316.0 141.5 174.5 I Units constructed outside of the Project Area are counted on a i for 2 basis. i Prepared by: Keyser Marston Associates, Inc. A /t Filename: SA Hsg - Imp Plan.xls; H -8; jr: 4122/2005 DRAFT Very- Lowl Total Low Mod Countable Income income Ill, Incluslonary Housing Surnius /IDeflcifl through the Protect Areas' Termination Units Units Units Total lnclusionary Housing Fulfillment 470,0 206.5 263.5 (Less) Incluslonary Housing Obligation' (378.0) (155.0) (223.0) linclusionary Housing Surplus/ Deficit 92.0 51.5 40.5 /- - I Units constructed outside of the Project Area are counted on a i for 2 basis. i Prepared by: Keyser Marston Associates, Inc. A /t Filename: SA Hsg - Imp Plan.xls; H -8; jr: 4122/2005 DRAFT FUTURE HOUSING SET -ASIDE FUND EXPENDITURES PROJECTION (JANUARY 1, 2002 -JUNE 30,2015)' . IMPLEMENTATION PLAN - SANTA ANA MERGED PROJECT AREA \SANTA ANA, CALIFORNIA III. Income Targeting Expenditures' Minimum Expenditures on Very-Low Income Households 41.0% of ProjecVProgram Costs Minimum Expenditures on Low Income Households 25.0% of Project/Program Costs Maximum Expenditures on Moderate Income Households 34.0% of Project/Program Costs Other (Less) Age IV. Expenditure Pro j ections Very-Low ty -Low Low Housing Administrative (Less) Existing Net Housing I. Proportionality Compliance Period Housing Set -Aside Revenues 3 Costs Debt Service Set -Aside 1/112002- 6130/20023 $4,267,784 $2,090,355 ($1,335,612) ($375,000) $4,647,527 FY 2002/03 9,938,501 3,498,848 (1,896,265) (1,088,133) 10,452,951 FY 2003/04 10,344,687 4,176,833 (2,291,687) (500,000) 11,729,833 FY 2004/05 10,443,000 1,485,000 (2,300,000) (3,501,350) 6,126,650 FY 2005/05 10,951,000 1,490,000 (2,310,000) (3,501,350) 6,629,650 FY 2006/07 11,478,000 1,495,000 (2,320,000) (100,000) 10,553,000 FY 2007/08 12,025,000 1,500,000 (2,330,000) (100,000) 11,095,000 FY 2008/09 12,592,000 1,480,000 (2,340,000) (100,000) 11,632,00D FY 2009/10 13,181,000 1,470,000 (2,350,000) (100,000) 12,201,000 FY 2010/11 13,791,000 1,46D,000 (2,300,000) (100,000) 12,851,000 FY 2011112 14,424,000 1,450,000 (2,250,OOD) (100,000) 13,524,000 FY 2012113 15,082,000 1,400,000 (2,200,000) (100,000) 14,182,000 FY 2013114 16,471,000 3,954,ODO (2,150,000) 18,275,000 FY 2014115 17,206,000 6,131,450 (2,000,000) 21,337,450 1/112015.6/30/2015 4 8,775,000 3,065,725 (1,000,000) 10,840,725 Totals $180,969,972 $36,147,211 ($31,373,564) ($9,665,833) $176,077,786 11. Maximum Expenditures on Age Restricted Projects ° 5.5% of Project/Program Costs $9,684,000 III. Income Targeting Expenditures' Minimum Expenditures on Very-Low Income Households 41.0% of ProjecVProgram Costs Minimum Expenditures on Low Income Households 25.0% of Project/Program Costs Maximum Expenditures on Moderate Income Households 34.0% of Project/Program Costs Based on Agency estimates. Includes funds and expenditures from January 1, 2001 through the remaining years of the current Implementation Plan plus two 5 year Implementation Plan terms. Includes land sales, residual receipts revenue, loan repayments, and CHFA loan proceeds. Estimated by calculating 50% of the FY 2001102 actuals. Estimated by calculating 50% of the FY 2015/16 budget estimates, which are based on FY 2014115. Per the 2000 United States Census. Per the Regional Housing Needs Assessment estimates provided in the City's current Housing Element. Includes $12.83 million In land acquisition payments for future projects; the Primary acquisitions are located within the Santa Ana Boulevard Specific Plan area. The expenditures were allocated based on the targeted proportlonalitles in Section III. Prepared by: Keyser Marston Associates, Inc. p A CZ Filename: SA Hsg - Imp Plan.xls; H -9; jlr, 4/22/2005 DRAFT Age IV. Expenditure Pro j ections Very-Low ty -Low Low Moderate Restrict ed Actual Expenditures (1 /2002.612005) 7 $11,896,562 $6,591,654 $4,664,298 $918,880 Projected Expenditures (6/2005 - FY 2009110) 21,287,500 21,652,500 15,757,000 3,228,335 Projected Expenditures (FY 2010111 - FY 20105) 27,592,470 16,824,677 22,881,561 3,701,429 Total Expenditures $60,776,532 $45,068,831 $43,302,859 $7,848,644 Of Total Expenditures 41% 30% 29% 4% Based on Agency estimates. Includes funds and expenditures from January 1, 2001 through the remaining years of the current Implementation Plan plus two 5 year Implementation Plan terms. Includes land sales, residual receipts revenue, loan repayments, and CHFA loan proceeds. Estimated by calculating 50% of the FY 2001102 actuals. Estimated by calculating 50% of the FY 2015/16 budget estimates, which are based on FY 2014115. Per the 2000 United States Census. Per the Regional Housing Needs Assessment estimates provided in the City's current Housing Element. Includes $12.83 million In land acquisition payments for future projects; the Primary acquisitions are located within the Santa Ana Boulevard Specific Plan area. The expenditures were allocated based on the targeted proportlonalitles in Section III. Prepared by: Keyser Marston Associates, Inc. p A CZ Filename: SA Hsg - Imp Plan.xls; H -9; jlr, 4/22/2005 DRAFT �a oV m a 00 t°v � N¢ N 26 H Q N p zinc yt QO• o yZ. 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