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JT25K - LOAN AGMT HOUSING DEV.
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01/18/2005
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JT25K - LOAN AGMT HOUSING DEV.
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Last modified
1/3/2012 4:59:32 PM
Creation date
1/12/2005 10:45:10 AM
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City Clerk
Doc Type
Agenda Packet
Item #
JT25K
Date
1/18/2005
Destruction Year
2010
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<br /> <br />Rehabilitation work in the Project will result in the need to temporarily displace residents <br />from their units. Temporary relocation needs will be met by utilizing available on-site units, <br />if any. Households that cannot be accommodated on-site will be provided temporary units <br />off-site in either comparable apartment or motel accommodations. <br /> <br />Since the rehabilitation is planned to last between three to fourweeks, finding landlords that <br />will allow occupancy of only a month is not likely. Therefore, it is anticipated that most <br />households will be provided temporary housing at motels. Regardless, both types of <br />temporary sites were researched and the following is the information gathered. <br /> <br />A survey was conducted during the month of November 2004 to determine the availability <br />of rental housing resources within the City of Santa Ana. The results, summarized below, <br />indicate the number of found units by bedroom size, the cost range in each category and <br />median market rent for each category. The one-bedroom and two-bedroom units found <br />were all apartments. The three- and four-bedroom units included apartments and single- <br />family rental units. Housing availability is not expected to be a factor in the relocation <br />process, given the balance between needs and available resources. <br /> <br />Tåble4: RØt'~åIY"'ltAV~ilabill~ and Costþy BedrQÞmSize <br /> 1bdr 2 bdr 3bdr 4 bdr <br /># Found 48 34 1 5 4 <br />RenfR¡¡nge $750-$1 ,1 00 $1 ,1 50-$1 ,670 $1 ,500-$2,500 $1 ,750-$2,300 <br />Market Median Rent $975 $1 ,250 $1 ,700 $2,000 <br /> <br />The survey of motels reflected two types of units available; units with cooking facilities and <br />those without. The following are the results of the survey. Twelve motels in the radius of <br />1-4 miles from the Project were contacted and willing to provide the information needed. <br />Five motels have cooking ability within their units by providing refrigerators, microwaves, <br />stoves and even dishwashers to their clients. In some cases they have studio or one <br />bedroom suite accommodations. The weekly rates for these motels range from $260-$560 <br />depending on the size of the unit, number of beds and amenities available. The remaining <br />seven motels might offer refrigerators and microwaves but do not provide cooking facilities <br /> <br />Prepared by Overland, Pacific & Cutler, Inc. <br /> <br />Page 8 <br /> <br />JT25K-17 <br />
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