Item 13 - Quarterly Report for Housing Division Projects and Activities

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May 7, 2024 Page 9 City of Santa Ana – Quarterly Report Third Quarter of FY 2023-24 JANUARY – MARCH 2024 In-Lieu Fees Generated All in-lieu fees, penalties, and other funds collected under the Ordinance, along with accrued interest, are deposited into the Inclusionary Housing Fund. Since its inception, the Inclusionary Housing Fund has generated $29,277,446, to be used for the development of housing affordable to low- and moderate-income households. Additionally, a reasonable portion of these funds is allocated to cover administrative or related expenses associated with the administration of the Ordinance. Table 8 shows the in-lieu fees received per fiscal year since the Ordinance’s inception: Table 8: In-Lieu Fees Received per Fiscal Year FYs 2009-2018 FY 18/19 FY 19/20 FY 20/21 FY 21/22 FY 22/23 FY 23/24 $10,563,306 $7,236,945 $0 $3,709,875 $6,933,320 $0 *$834,000 * Number reported represents the total fees received and not the current fund balance. The in-lieu fees generated have been used to create new affordable homeownership and rental housing opportunities, as well as to establish emergency shelter facilities. Table 9 and Table 10 below provides a summary of how in-lieu fees have been used by the City, separated between expenditures and commitments: Table 9: Inclusionary Housing Fund Expenditures Project or Program Inclusionary Housing Funds Expended # of Units Address Santa Ana Arts Collective $4,775,000 57 1666 N. Main St. La Placita Cinco $1,300,000 50 2239 W. 5th St. The Link Interim Emergency Shelter $7,893,866 N/A 2320 S Redhill Ave. Archways Santa Ana (formerly called Westview House) $1,514,113 84 2530 and 2534 Westminster Ave. Habitat for Humanity “Lacy & Vance” $565,271 2 826 N. Lacy St. & 830 N. Lacy St. EXHIBIT 1