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EXHIBIT 1 Report on Effectiveness of Housing Opportunity Ordinance and Council Options December 4, 2018 Page 2 Effectiveness of the Ordinance On -Site Develocment. Since 2011, a total of 33 units have been developed on -site as a result of the Ordinance,, including 23 ownership units for -sale and 10 rental units: In -Lieu Fees Generated. - A total of $13,886,436 in in -lieu fees have been generated since October 2011 as a result of the Ordinance. These fees were generated from a total of 9 projects that opted to pay the In-Ileu fee instead of building units on -site. If those 9 projects had instead built the inclusionary housing units on -site, a total of 393 low-income units or 263 very low-income units would have been created. By comparison, there were 2,589 market -rate units produced or are under construction. (See Exhibit 2 for more detailed information.) Affordable Housina Units underConstruction/Pre-Construction with In Lieu Fees: A total of 108 units are under construction / pre -construction with an Investment of in -lieu fees generated. This includes a $4,775,000 loan of In -lieu fees to develop 57 units of affordable housing at the Santa Ana Arts Collective and a pre -loan commitment of $1.3 million of in -lieu fees to develop 51 units of affordable housing at the Tiny Tim Plaza project: Units Under Construction / Pre -Construction with In -Lieu Fees Project # of Units TOTAL Santa Ana Ants Collective 57 108 Tin Tim Plaza 51 In addition, $3,131,700 of ir-lieu fees was committed by City Council on September 14, 2018 to' create 200 emergency shelter beds at the Link interim emergency shelter. An update on staff efforts to replenish the In -lieu fees provided for the Link is provided In a separate staff report for the December 4s' City Council meeting. The remaining balance of in -lieu fees generated was made available by City Council on June 19,. 2018 In RFP # 18-056 for Affordable Housing Development. A recommendation is forthcoming by a Review Panel formed by staff on the award of these remaining in -lieu fees. L.