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�V V <br />SANiA ANA ACTIVE Si0.FE15 <br />activities that are not directly related to increasing and improving the supply of affordable <br />housing. Since its inception the HOO has been clear in its language and purpose in that it <br />states, "Monies deposited into the inclusionary housing fund must be used to increase and <br />improve the supply of housing affordable to moderate, low, very low, and extremely low <br />income housings in the city... " (Sec. 41-1909. (a)(1)). <br />Affordable Housing Fund Policies and Procedures - Eligible Uses and Activities (Page 75B 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 residents by <br />retaining affordability even in the midst of rapidly gentrifying neighborhoods. Coupled with <br />legislation allowing for the first right of refusal and opportunity to purchase, residents can <br />retain their housing and experience supportive first time home ownership. Public Advocates, <br />Housing California and the Coalition for Nonprofit Housing and Economic development are <br />just a few of the many advocates for place -based strategies that stabilize tenants and <br />communities through strategies like Cooperative Housing Programs. There should be no <br />reason to remove a use that can increase the supply of affordable housing in Santa Ana and <br />that aligns with the HOO. <br />We urge you to vote against the proposed amendments to the Housing Opportunity Ordinance. The <br />proposed amendments are inconsistent with the intent of the ordinance and do not advance its goals. <br />Kristopher Fortin <br />Project Director <br />Santa Ana Active Streets <br />Santa Ana Active Streets 1 450 W 4th St, Ste 130, 1 Santa Ana, CA 92701 1 <br />Tel. (657) 205-7306 1 www.saascoalition.org I info(d),saascoalition.ore <br />