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severely impacted. <br />Since governmental restrictions may constrain the production of affordable housing, the City of Santa <br />Ana continues to monitor, analyze and address, as necessary, governmental regulations, land use <br />controls and residential development standards that affect the production and preservation of <br />affordable housing. <br />The Housing Needs Assessment also identified stringent criteria <br />continues to this day even after the 2010 foreclosure crisis hash <br />and control of City policy. In some instances, issues revolviri <br />payment, credit history, employment history) affect theg�Kaiiabi <br />Market factors that tend to restrict affordable houslCg pFoductil <br />costs, and the availability of financing. <br />In an effort to mitigate these barriers, <br />• City Council adopted an inclusi <br />Ordinance (H00) that requires <br />to very low- and low;income h <br />• The autilize t i <br />y �M��cl <br />rehabilitation i1,a��fQntal hou & <br />units thus partial(yk-b[fsetting'. <br />• TheCitvs <br />Discussion: <br />The City is evaI <br />changes to the <br />City of <br />f'eamortgage origination process that <br />d, which also is outside the scope <br />.1 ersonal finances (lack of down <br />r <br />r of#fo{dable housing for residents. <br />are: hcosts, high construction <br />the folloWing actions: <br />tanc`eq`fAeferred to as the Housing Opportunity <br />,zwca�"P <br />of all ne4 pits in Santa Ana to be affordable <br />;ourc6t�pzfundX ede glppmeiiand/or the acquisition and <br />n <br />nits. This �11assistance:,tgill result in lower rents for assisted <br />e&g b�G <br />impacts o' slime of the barriers listed above. <br />3U'ctS outreac,hp rental property owners to encourage <br />..:ems _._ <br />of the inclusionary housing ordinance and plans to recommend <br />Annual Action Plan <br />2019 <br />M <br />OMB Control No: 2506-0117 (exp. 06/3D/2019) <br />75C-52 <br />