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Housing Division Quarterly Report <br />May 2, 2023 <br />Page 4 <br />3 <br />3 <br />9 <br />8 <br />February 2019 Legacy Square 609 North Spurgeon St. <br />92 rental units restricted for <br />very low income and low <br />income tenants <br />November 2019 The Rafferty 114 & 117 E. Fifth St.11 rental units restricted for <br />very low income tenants <br />December 2021 FX Residences <br />801, 807, 809 <br />and 809 ½ <br />East Santa Ana Blvd <br />16 permanent supportive <br />housing units <br />June 2022 WISEPlace 1411 N. Broadway 47 permanent supportive <br />housing units <br />August 2022 Brandywine Acquisition <br />Group 1814 & 1818 E. First St. <br />4 townhomes restricted for <br />sale to moderate-income <br />buyers <br />Development Impact Fee Deferral Agreements <br />Development impact fees are a one-time charge to new developments imposed under <br />the Mitigation Fee Act. These fees are charged to new developments to mitigate <br />impacts resulting from the development activity and cannot be used to fund existing <br />deficiencies. This means that for improvements that benefit existing as well as new <br />development, impact fees can only pay for the portion of the improvement that benefits <br />the new uses. Impact fees must be adopted based on findings of a reasonable <br />relationship between the development paying the fee, the size of the fee, and the use of <br />fee revenues. Development impact fees do not require voter approval and are <br />commonly used by cities to address the impact of new development on schools, parks, <br />transportation, etc. <br />Prior to issuance of any building permits, the City currently requires the payment of <br />various development impact fees. However, affordable housing developers may submit <br />a request to defer specific development impact fees for their property pursuant to <br />California Government Code section 66007. The City and owner then execute a <br />Development Impact Fee Deferral Agreement to defer certain development impact fees <br />applicable to the property and place a lien on the property to secure payment of these <br />fees, which are due before the issuance of the certificate of occupancy or the final <br />building check. As of the date of this report, the City has entered into the following <br />outstanding Development Impact Fee Deferral Agreements that are pending payment: <br />Date of <br />Agreement Developer Housing Development <br />Address <br />Estimated Total Fees <br />Due <br />October 2019 <br />Santa Ana Pacific <br />Associates & Santa Ana <br />Pacific Associates II <br />2110, 2114 and 2020 <br />E. First St.$4,121,986 <br />December 2021 Shelter Providers of <br />Orange County <br />802, 809, 809 ½ East <br />Santa Ana Blvd.$510,000 <br />July 2022 Washington Santa Ana <br />Housing Partners <br />1126 &1146 E. <br />Washington Ave.$652,717 <br />Rent Stabilization Program <br />Effective November 18, 2022, City Council adopted an amended Rent Stabilization and <br />Just Cause Eviction Ordinance that included a number of changes. The amended Rent <br />Stabilization and Just Cause Eviction Ordinance expands the administration and