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Item 08 - Housing Division Quarterly Report
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Item 08 - Housing Division Quarterly Report
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City Clerk
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Agenda Packet
Agency
Clerk of the Council
Item #
8
Date
11/15/2022
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Housing Division Quarterly Report <br />November 15, 2022 <br />Page 6 <br />3 <br />0 <br />6 <br />5 <br />Housing Opportunity Ordinance <br />On-Site Development <br />Since 2011, a total of 33 units have been developed on-site as a result of the <br />Ordinance, including 23 ownership units for-sale and 10 rental units: <br />Units Built On-Site <br />Ownership Rental Total <br />23 10 33 <br />In-Lieu Fees Generated <br />All in-lieu fees, penalties and other monies collected pursuant to the Housing <br />Opportunity Ordinance, including interest, are deposited into the Inclusionary Housing <br />Fund. Since inception, the Inclusionary Housing Fund has generated $28,443,446 to be <br />used for the development of housing affordable to low- and moderate-income <br />households, with a reasonable amount spent on administrative or related expenses <br />associated with the administration of the Housing Opportunity Ordinance. In-lieu fees <br />generated have been used to develop new affordable housing opportunities, provide <br />emergency shelter, and create homeownership opportunities. Below is a summary of <br />how in-lieu fees have been used by the City: <br />Project Inclusionary Housing <br />Funds SPENT # of Units Address <br />Santa Ana Arts <br />Collective $4,775,000 57 1666 N. Main Street <br />La Placita Cinco $1,300,000 50 2239 West 5th Street <br />The Link Interim <br />Emergency Shelter $4,140,295 N/A 2320 S Redhill Avenue <br />Westview House $1,514,113 84 2530 and 2534 <br />Westminster Avenue <br />TOTAL $11,729,408 191 <br />Project Inclusionary Housing <br />Funds COMMITTED # of Units Address <br />Habitat for Humanity <br />“Lacy & Vance”$565,271 2 826 N. Lacy Street & <br />830 N. Lacy Street <br />WISEPlace Steps to <br />Independence Public <br />Service Program <br />$90,000 N/A N/A <br />Down Payment <br />Assistance $1,250,000 N/A N/A <br />WISEPlace PSH Pre- <br />Commitment Loan $484,000 48 1411 N. Broadway <br />TOTAL $2,389,271 50
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