93-025 - Laserfiche WebLink

Home Browse Search

GENERAL PLAN AMENDMENT 92-1 PRESERVED HOUSING PROGRAM AND QUANTIFIED OBJECTIVES INTRODUCTION This report amends the Housing Element of Santa Ana's General Plan which was adopted on June 9, 1989, and subsequently determined by the California Department of Housing and Community Development to be in compliance with State law. The purpose of this amendment is to bring the Housing Element into compliance with a recent amendment of Government Code Section 65583. Under this law, jurisdictions must evaluate the potential for currently rent restricted low-income housing units to convert to non-low-income housing and propose programs to preserve or replace those units. In addition, local jurisdictions must also quantify their existing objectives to reflect targeted income levels. Recently, a great deal of attention has been focused on the existing stock of subsidized affordable housing and the potential loss of these units through the expiration of their affordability restrictions, or the prepayment of federally backed mortgages. In recognition of this threat to federally subsidized affordable housing, the Federal Emergency Low-Income Housing Preservation Act was enacted in 1988 .and the Low-Inoome Housing Preservation and Resident Homeownership Act was enacted in 1990. These laws permit prepayment only in accordance with an action plan approved through the U.S. Department of Housing and Urban Development. The threat to affordable housing developed with state and local resources is a matter of significant concern.as well. This report has been prepared with the specific purpose of quantifying the inventory of units at risk, analyzing the cost of replacing this housing or extending the term of affordability, identifying resources for preservation, and establishing objectives for local efforts and programs to facilitate the preservation of the affordable housing in Santa Ana. Background On Subsidized Housing The enactment of the Housing Act of 1949 established as a national goal the provision of "a decent home and suitable living environment for every American family". Through the late 1950's the Federal government worked to accomplish this goal, acting primarily through public housing authorities to build and operate housing for low-income families. In the early 1960's the Federal government, while maintaining its commitment to public housing, also established new housing programs that were intended to encourage private developers, owners, and managers to provide