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EXHIBIT 1 <br />Vill. DESCRIPTION OF OUTSTANDING OBLIGATIONS PURSUANT TO SECTION 33413 <br />Replacement Housing: According to the FY 2010 — FY 2015 Implementation Plan for the <br />former redevelopment agency, the following replacement housing obligations were transferred <br />to the Housing Successor: <br />One (1) very -low income five -bedroom unit was removed in 2005. The replacement housing <br />obligation transferred to the Housing Successor was fulfilled in a previous fiscal year with the <br />WBBB project that accommodated a five -bedroom unit within the site. <br />At the end of Fiscal Year 2022-2023, the Housing Successor has met all replacement housing <br />obligations transferred from the former redevelopment agency. <br />Inclusionary/Production Housing. According to the FY 2010 — FY 2015 Implementation Plan <br />for the former redevelopment agency, no Section 33413(b) inclusionary/production housing <br />obligations were transferred to the Housing Successor. The former redevelopment agency's <br />Implementation Plans are posted on the City's website at https://www.santa-ana.org/successor- <br />agency-oversight-board/ <br />IX. EXTREMELY -LOW INCOME TEST <br />Section 34176.1(a)(3)(B) requires that the Housing Successor must require at least 30% of the <br />LMIHAF to be expended for development of rental housing affordable to and occupied by <br />households earning 30% or less of the AMI. If the Housing Successor fails to comply with the <br />Extremely -Low Income requirement in any five-year report, then the Housing Successor must <br />ensure that at least 50% of the funds remaining in the LMIHAF be expended in each fiscal year <br />following the latest fiscal year following the report on households earning 30% or less of the AMI <br />until the Housing Successor demonstrates compliance with the Extremely -Low Income <br />requirement. <br />This information below is for the period of July 1, 2019 — June 30, 2024: <br />AMI <br />FY 2019/20 <br />FY 2020/21 <br />FY 2021/22 <br />FY 2022/23 <br />FY 2023/24 <br />Totals <br />80% -120% <br />$0 <br />$0 <br />$0 <br />$0 <br />$0 <br />$0 <br />50% - 80% <br />$16,632 <br />$0 <br />$0 <br />$0 <br />$0 <br />$16,632 <br />30% - 50% <br />$26,867 <br />$0 <br />$0 <br />$0 <br />$0 <br />$26,867 <br />0% -30% <br />$43,499 <br />$0 <br />$0 <br />$0 <br />$1,491,252 <br />$1,534,751 <br />Totals <br />$86,998 <br />$0 <br />$0 <br />$0 <br />$1,491,252 <br />$1,578,250 <br />% of Funds <br />Expended on 30% <br />or Less of AMI <br />50.00% <br />0.00% <br />0.00% <br />0.00% <br />100.00% <br />97.24% <br />HOUSING AUTHORITY OF THE CITY OF SANTA ANA — FY 2023/24 Page 7 <br />