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Judson Brown, City of Santa Ana June 28, 2021 <br />Housing Opportunity Ordinance: Updated In-Lieu Fee Analysis Page 3 <br /> <br /> 2106011.SA:KHH <br /> 19090.017.021 <br /> <br />Income and Affordability Requirements <br /> Ownership <br />Housing <br />Development <br /> Rental <br />Residential <br />Development 1 <br /> Moderate Income 10% N/A <br /> Low Income N/A 15% <br /> Very Low Income N/A 10% <br /> Extremely Low Income N/A 5% <br /> <br />3. In general, projects that are subject to the modified Ordinance requirements <br />would be allowed to fulfill the affordable housing requirements in one of the <br />following ways: <br />a. Production of the affordable housing units on site within the proposed <br />market rate project. <br />b. Off-site production of the affordable housing units. <br />c. Rehabilitation of existing units. <br />d. Payment of a fee in-lieu of producing the requisite number of affordable <br />housing units. <br />4. The proposed project would be required to fulfill the affordable housing <br />requirements within the proposed market rate project if the proposed project <br />would cause the removal of existing units that are occupied by low and/or very <br />low income households. <br /> <br />1 The Developer would only be required to select one of the identified income categories to fulfill the <br />production requirement.