80A - ACQUISITION NORTH FRENCH ST AND EAST TENTH ST

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REPLACEMENT HOUSING PLAN Statement of Purpose and Obiectives This Replacement Housing Plan is prepared in accordance with California Health and Safety Code Section 33413. The project consists of the acquisition and removal from the housing market of the residential property located at 1004 North French Street in the City of Santa Ana by the Community Redevelopment Agency of the City of Santa Ana (Agency). The property consists of a single family home that has been divided into three rental units and a four-plex. Six of these units are one bedroom, and the seventh is a studio unit. All were occupied by very low-income households. Therefore they are subject to replacement in accordance with the legal requirements of the California Community Redevelopment Law (Health and Safety Code Section 33413 et seq.). Replacement units will initially be made available for occupancy at any time during the period beginning one year before the Agency's submission of the information required under the Plan and ending four years after acquisition of the property and its removal from the low- and moderate-income housing market. All replacement housing will be provided within four years of acquisition of the property and its removal from the low- and moderate-income housing market. Proiect Property Description The location of the project property is identified in a site map, attached as Exhibit 1. The property is further described in Exhibit 2, which identifies the property by address with parcel number and number of bedrooms. Pursuant to the California Community Redevelopment Law (Health and Safety Code Section 33413 et seq.) all occupied and vacant occupiable units will be replaced in kind. Replacement Housing Units Exhibit 3 delineates by number of bedrooms the location where the replacement units are or will be located. It is anticipated that 1411 North Durant Street and 1501 North Ross Street units will be utilized for replacement housing purposes. Any replacement units not accommodated in these projects will be developed on infill sites or will be acquired or otherwise caused by regulation or agreement for the purchase of long term affordability covenants that meet replacement obligations for the 1004 North French Street project. In addition, the City's Housing Element identifies potential sites where any remaining replacement units may be located. Income Level of Replacement Units The replacement dwelling units will be affordable and occupied exclusively by tenants with the same income levels as the persons displaced from the dwelling units that are EXHIBIT 3 ' Page 1 of 4 80A-7