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60B - AFFORDABLE HOUSING FUND FOR MERCY HOUSE
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60B - AFFORDABLE HOUSING FUND FOR MERCY HOUSE
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4/2/2020 9:36:37 AM
Creation date
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City Clerk
Doc Type
Agenda Packet
Agency
Clerk of the Council
Item #
60B
Date
4/7/2020
Destruction Year
2025
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Judson Brown, City of Santa Ana March 19, 2020 <br />Westview House: Financial Gap Analysis Page 4 <br />1. The Site area totals 2.12 acres, or approximately 92,400 square feet of land <br />area.1 <br />2. The 85-unit project represents a density of 40 units per acre. <br />3. The Project's units mix is as follows: <br />Number of <br />Unit Size <br />Units <br />(SF) <br />One -Bedroom Units <br />23 <br />520 <br />Two -Bedroom Units <br />4 <br />750 <br />Three -Bedroom Units <br />34 <br />970 <br />Four -Bedroom Units <br />24 <br />1,080 <br />Total / Weighted Average <br />85 <br />869 <br />4. The Project's gross building area (GBA) is estimated at 95,370 square feet, and is <br />comprised of the following: <br />a. The residential GBA is estimated at 73,860 square feet; <br />b. The community room/amenity GBA is estimated at 5,400 square feet; <br />and <br />C. The common area and circulation GBA is estimated at 16,110 square feet. <br />5. The Project will include 144 surface parking spaces, which equates to 1.7 parking <br />spaces per unit. <br />6. The Project's affordability mix is as follows: <br />'Per the appraisal prepared by James G. Palmer Appraisals, Inc. on January 3, 2020. <br />2003012:SA:TRB <br />60 B-18 19090.017.022 <br />
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