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Housing Division Quarterly Report <br />November 15, 2022 <br />Page 4 <br />3 <br />0 <br />6 <br />5 <br />August 2018 <br />First Point I & II <br />Apartments, aka, Santa <br />Ana Pacific Associates <br />2110, 2114 and 2020 E. <br />First St. <br />547 Rental units restricted <br />for Very Low Income and <br />Low Income Tenants <br />November 2019 The Rafferty, aka, QOZB <br />III, LLC 114 & 117 E. Fifth St. <br />11 Rental units restricted <br />for Very Low Income <br />Tenants <br />August 2022 Brandywine Acquistion <br />Group 1814 & 1818 E. First St. <br />4 Townhomes restricted <br />for sale to Monderate- <br />Income 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 written request formally requesting the deferral of specific development impact fees <br />for their property pursuant to California Government Code section 66007. The City and <br />owner then execute a Development Impact Fee Deferral Agreement to defer certain <br />development impact fees applicable to the property and place a lien on the property to <br />secure payment of these fees, which are due before the issuance of the certificate of <br />occupany or the final building check. The City has entered into the following outstanding <br />Development Impact Fee Deferral Agreements: <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 />Renter Protections <br />The Santa Ana City Council adopted two ordinances to help protect renters: a Rent <br />Stabilization Ordinance, which limits residential rent increases to the lower of 3% or <br />80% of consumer price index (CPI) per year, and a Just Cause Eviction Ordinance, <br />which provides “just cause” eviction protections for most tenants that occupy a <br />residential real property or mobile home for 30 days. The ordinances became effective