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Housing Division Quarterly Report November 15, 2022 Page 6 Housing Opportunity Ordinance On -Site Development Since 2011, a total of 33 units have been developed on -site as a result of the Ordinance, including 23 ownership units for -sale and 10 rental units: Units Built On -Site Ownership Rental Total 23 10 33 In -Lieu Fees Generated All in -lieu fees, penalties and other monies collected pursuant to the Housing Opportunity Ordinance, including interest, are deposited into the Inclusionary Housing Fund. Since inception, the Inclusionary Housing Fund has generated $28,443,446 to be used for the development of housing affordable to low- and moderate -income households, with a reasonable amount spent on administrative or related expenses associated with the administration of the Housing Opportunity Ordinance. In -lieu fees generated have been used to develop new affordable housing opportunities, provide emergency shelter, and create homeownership opportunities. Below is a summary of how in -lieu fees have been used by the City: Project Inclusionary Housing # of Units Address Funds SPENT Santa Ana Arts $4,775,000 57 1666 N. Main Street Collective La Placita Cinco $1,300,000 50 2239 West 5th Street The Link Interim $4,140,295 N/A 2320 S Redhill Avenue Emergency Shelter Westview House $1,514,113 84 2530 and 2534 Westminster Avenue TOTAL $11,729,408 191 Project Inclusionary Housing # of Units Address Funds COMMITTED Habitat for Humanity "Lacy $565,271 2 826 N. Lacy Street & & Vance" 830 N. Lacy Street WISEPIace Steps to Independence Public $90,000 N/A N/A Service Program Down Payment $1,250,000 N/A N/A Assistance WISEPIace PSH Pre - $484,000 48 1411 N. Broadway Commitment Loan TOTAL $2,389,271 50 City Council 8-6 11/15/2022