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III. HOUSING RESOURCES I Rehabilitation work in the Project will result in no permanent relocations assuming the Developer's reconfiguration plan is followed and given the utilization of vacant units. Any temporary relocation needs that arise will be met by utilizing available on-site units within the Project and offering financial assistance to tenants moving off-site for the duration of the rehabilitation. No permanent replacement housing needs are anticipated. A survey was conducted during the month of October 2004 to determine the availability of rental housing resources within a 5 mile radius of the Project. The results, summarized below, indicate the numberoffound units by bedroom size, the cost range in each category and median marketrentforeach category. The one-bedroom and two-bedroom units found were all apartments. The three-bedroom units included apartments and single-family rental units. Housing availability is not expected to be a factor in the relocation process, given the balance between needs and available resources. Table 4: Rental Unit AvallabUlty and Cost by Bedroom Size 1 bdr 2 bdr 3bclr t# Found 38 59 16 Rent Range $750-$1,350 $950-$1.695 $1,270-$1,950 Market Median Rent $950 $1,250 $1,695 Concurrent Displacement The Santa Ana Community College Expansion Project undertaken by the Rancho Santiago Community College Dlstnct IS expected to result In a permanent displacement of approximately 55 households. Its location is about three miles north-west from the Minnie Street Project. Given its location and the minimal expected permanent off-site replacement housing requirements of the Minnie Street Project, it should be easy to satisfy both projects by existing market opportunities. I'r"l'I/lnl ",1/ ()l',T/,/l1I1, Pan(ir <'~ CIII/n', IlIr, Pnx{' 8 250-16