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Providing this incentive until April 2021 may result in a loss of 33% of the in -lieu fees <br />expected to be collected, or over $10 million dollars, that would be used to build much <br />needed affordable housing in the City. <br />HOO Sec. 41-1909. - Inclusionary Housing Fund <br />• (a) (1)The proposed amendment allows for the use of inclusionary housing for"... one- <br />time programs for code enforcement, and quality of life, and general health and safety <br />activities." <br />The City needs to include language in the Ordinance that prohibits a future diversion of <br />these funds to general public safety programs as well as prohibit the use of funds for <br />departments or activities that are not directly related to increasing and improving the <br />supply of affordable housing. Since its inception the HOO has been clear in its language <br />and purpose in that it states "Monies deposited into the inclusionary housing fund must be <br />used to increase and improve the supply of housing affordable to moderate, low, very low, <br />and extremely low income housings in the city..." (Sec. 41-1909. (a) (1)). <br />Affordable Housing Fund Policies and Procedures -Eligible Uses and Activities (Page 75B <br />92)_ <br />• The proposed amendment removes Cooperative Housing Programs as an eligible use. <br />Cooperative housing programs have been used to create and preserve affordable housing <br />throughout the country, reducing displacement among low and moderate income <br />residents by retaining affordability even in the midst of rapidly gentrifying neighborhoods. <br />Coupled with legislation allowing for the first right of refusal and opportunity to purchase, <br />residents can retain their housing and experience supportive first time home ownership. <br />Public Advocates, Housing California and the Coalition for Nonprofit Housing and <br />Economic development are just a few of the many advocates for place -based strategies that <br />stabilize tenants and communities through strategies like Cooperative Housing Programs. <br />There should be no reason to remove a use that can increase the supply of affordable <br />housing in Santa Ana and that aligns with the HOO. <br />THRIVE,SANTAANA PO BOX 1935, SANTA ANA, CA 92701 / THRIVESANTAANA@GMAIL.COM <br />