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k ilF33// JITTTTTT'''("' togethenn faith, lor.vard torjustce September 18, 2018 Mayor Pulido and City Councilmembers City of Santa Ana 20 Civic Center Plaza P.O. Bo 1988, M31 Santa Ana, CA 92701 RE: Consolidated Annual Performance and Evaluation Report Support Development of a Tenant Based Rental Assistance Program Dear Mayor Pulido and Members of the City Council, Our vision at Orange County Congregation Community Organization is that all people in every community of Orange County live with dignity and thrive. The need for housing affordable to low-wage earners in Orange County, California, is enormous. Ranked among the top ten least affordable metropolitan areas in the countrysls, Orange County is suffering from an affordable housing crisis. A resident must earn at least $36.08 per hour to afford a two-bedroom apartment at a fair market rent of $1,876 a month.111 As rents and the number of residents needing affordable homes have continually increased, the number of affordable homes being built for lower income households has not kept up with the demand. The average asking rents in the City is $1,687, which is a nine percent increase from the year before and rents are expected to continue to increase. 131 With lower wages that are not keeping up with rising rents, many renting families continue to struggle financially to live and work in this City. Approximately 60 percent of renter households are lower incomeM and 84 percent of residents held moderate and low-income occupations that paid less than $53,500 per year.sss In order for rent to be affordable, only 30 percent of an individual's income should be used towards housing costs. Unfortunately, 57 percent of renters overpaid or spent more than 30 percent of their income towards housing costs.s61 In Out of Reach 2018 -The High Cost of Housing, National Low Income Housing Coalition, p. 14, 2018. i21 Out of Reach 2018 -The High Cost of Housing, National Low Income Housing Coalition, p. 38, 2018. 131 O.C. Rents forecast to rise 9.4% by 2018. 141 City of Santa Ana General Plan Housing Element 2014-2021, p. 14, January 2014, 151 City of Santa Ana General Plan Housing Element 2014-2021, p. 12, January 2014, 161 City of Santa Ana General Plan Housing Element 2014-2021, p. 20, January 2014, 310 W Broadway* Anaheim CA 92805e (714)491-07710 www.occcopico.org a info@occcopico.org