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• Contacts with real estate/property management companies serving the community. <br />B. Replacement Housing Availability <br />t. Residential For -Sale and Rental Housing <br />A housing resource survey was conducted to determine the availability of replacement <br />housing within the City of Santa Ana sufficient to meet the needs of displaced rental <br />tenants and homeowners. <br />The replacement housing survey considered available one, two, three and four -bedroom <br />conventional housing for rent and for sale. This data is summarized in Tables 5 and 6, below. <br />The conventional housing survey, Table 5, identified 43 currently available, one, two, three <br />and four -bedroom conventional housing units for rent. The survey of available single- <br />family residences for sale, Table 6, identified 56 currently available three and four -bedroom <br />housing units for sale. The individual figures for number of units found by bedroom size are <br />presented in the tables, as well as location and price range. <br />Table 5: Availability and Cost of Replacement Rental Housing (Conventional) <br />One <br />A artment/Condo/Du lex 8 <br />Santa Ana <br />$1,000 - $2,350 <br />Two <br />Apartment/Condo/SFR 15 <br />Santa Ana <br />$1,850 - $5,912 <br />Three <br />Apartment/SFR 10 <br />Santa Ana <br />$2,650-$3,300 <br />Four <br />Apartment/SFR 10 <br />Santa Ana <br />$2,650- $4,300 <br />Source: Multiple Listing Service and Zillow, accessed December 2019 <br />The rent ranges identified in the table above are among the figures used to make benefit and <br />budget projections for this Plan. The variances in the rent range are a result of age, condition, <br />size, and locational factors. Rates are subject to change according to the market rates prevailing <br />at the time of displacement. Exhibit D provides a detailed list of available housingfor rent and for <br />sale. <br />Table 6: <br />and Cost of <br />Residences for Sale <br />Three SFR 33 Santa Ana $498-$899 <br />Four SFR 23 Santa Ana $478- $1,174 <br />Source: Multiple Listing Service, accessed December 2019. <br />2. Loss of Goodwill <br />Goodwill consists of the benefits that accrue to a business as a result of its location; reputation <br />for dependability, skill, or quality; and any other circumstances resulting in probable retention of <br />old, or acquisition of new, patronage. Claims for loss of goodwill are not compensable under the <br />statutory provisions related to relocation assistance <br />to <br />55B-21 <br />