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(incentives/concessions and/or waivers) to be approved by the Planning <br />Commission. <br />F. On August 28, 2023, the Planning Commission of the City of Santa Ana <br />held a duly noticed public hearing and at that time considered all testimony, <br />written and oral. <br />G. The Planning Commission determines that the following findings, which <br />must be established in order to grant this Density Bonus Agreement <br />application pursuant to SAMC Section 41-1607, have been established for <br />Density Bonus Agreement No. 2023-01 to allow construction of the <br />proposed project: <br />1. That the proposed development will materially assist in <br />accomplishing the goal of providing affordable housing opportunities <br />in economically balanced communities throughout the city. <br />The proposed development will provide fifteen residential <br />rental units, including one unit for very -low income <br />households, contributing toward the City's rental housing <br />stock to serve the needs of diverse and underserved <br />populations. The area in which the project is proposed, the <br />Transit Zoning Code, currently contains a mix of uses, <br />including single-family residential, medium and medium -high <br />density apartments, townhomes, and neighborhood- serving <br />commercial. The construction of this project will contribute <br />toward an economically balanced community by providing <br />housing for different demographic and income levels in an <br />area rich with employment opportunities, commercial <br />development, and market -rate housing. <br />2. That the development will not be inconsistent with the purpose of the <br />underlying zone or applicable designation in the general plan land <br />use element. <br />The project site is in an area already identified in both the City's <br />Zoning Code (the Transit Zoning Code) and General Plan (the <br />Land Use and Housing elements) for new residential <br />communities. Moreover, the City's General Plan land use <br />designation for the project site is Urban Neighborhood -Medium <br />(UN-40), which allows for the development of semi -urban <br />villages that are well connected to schools, parks, and shopping <br />centers. These areas are accessible by multiple modes of <br />transportation, have lively and pedestrian -friendly streetscapes, <br />and are designed to foster community interaction. <br />Resolution No. 2023-XXX <br />Page 2 of 12 <br />