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(3) Monies deposited in accordance with this section shall be used in <br />accordance with the affordable housing funds policies and procedures, housing <br />element, consolidated plan, or subsequent plan adopted by the city council to construct, <br />rehabilitate, or subsidize affordable housing or to recapture affordable housing at risk of <br />market conversion, or to assist other government entities, private organizations, or <br />individuals to do so. Permissible uses include, but are not limited to, assistance to <br />housing development corporations, equity participation loans, grants, pre -home <br />ownership co -investment, pre -development loan funds, participation leases, or other <br />public -private partnership arrangements. The inclusionary housing fund may be used for <br />the benefit of both rental and owner -occupied housing. <br />(4) A developer receiving funding from the inclusionary housing fund <br />shall implement a local preference in their resident selection criteria and marketing <br />policies meeting guidelines established by the executive director. <br />(5) A developer receiving <br />funding from the inclusionary housing fund shall provide a neaotiated enforceable <br />commitment that the developer will use a "Skilled and Trained Workforce" as defined in <br />Public Contract Code section 2601 to complete the construction of the project. <br />The negotiated enforceable commitment shall also ensure a minimum of 30% of all <br />work -hours for the project be performed in accordance with local hire policies approved <br />by the City Council., <br />Section 11. Section 41-1910 of Chapter 41 of the Santa Ana Municipal Code is <br />hereby amended to read in its entirety as follows: <br />Sec. 41-1910. - Administrative. <br />(a) In -lieu fee calculation. The amount per square foot of the inclusionary <br />housing in -lieu fee shall be subject to city council review and consideration_ <br />City Council 35 — 42 9/7/2021 <br />