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Report on Status of Evaluating and Amending the Housing Opportunity Ordinance <br />July 2, 2019 <br />Page 2 <br />percentage of affordable housing on -site and the depth of affordability to be included in the <br />amended Housing Opportunity Ordinance, supportable in -lieu fee payment amounts, and off -site <br />alternatives to developing the inclusionary units on -site within a market -rate project. <br />Three stakeholder meetings were scheduled in June and July to obtain input from market rate <br />developers, affordable housing developers, and affordable housing advocacy groups. The <br />feasibility assessment will be finalized by the end of August. Staff anticipates to have an <br />amended Ordinance ready for City Council review and consideration before the end of the year. <br />Staff will outreach to City Council over the next two months on the Housing Opportunity <br />Ordinance and this amendment process. <br />STRATEGIC PLAN ALIGNMENT <br />Approval of this item supports the City's efforts to meet Goal # 5 - Community Health, Livability, <br />Engagement & Sustainability, Objective # 3 (Facilitate diverse housing opportunities and support <br />efforts to preserve and improve the livability of Santa Ana neighborhoods), Strategy C (Provide <br />that Santa Ana residents, employees, artists and veterans receive priority for affordable housing <br />created under the City's Housing Opportunity Ordinance or with City funding to the extent allowed <br />under state law). <br />FISCAL IMPACT <br />There is no fiscal impact associated with this action. <br />=iq�� - <br />Minh T ai <br />Executive Director <br />Planning and Building Agency <br />Steven A. Mendoza <br />Executive Director <br />Community Development Agency <br />Exhibit: 1. Staff Report from December 4, 2018 <br />65B-2 <br />