80B - LOAN AGMT - Laserfiche WebLink

Home Browse Search

INTRODUCTION The Orange Housing Development Corporation and C&C Development Co., LLC (the "Developer") has authorized the preparation of a Relocation Plan to be undertaken in connection with the commencement of their proposed rehabilitation project, the 817-821 S. Townsend Street and 834 S. Raitt Street Project (the "Project") in Santa Ana, CA. The Project requires the acquisition of three parcels on which there are two 10-unit buildings and one 11-unit building totaling 31 apartment units. The Developer plans to fully rehabilitate the units, including interior and exterior improvements. The units will then be converted to affordable housing units comprised of 21 one -bedroom units and 10 two -bedroom units. These units will be offered to tenants who are 50% or below area median income. Any existing tenants who are 80% or below area median income will be "grandfathered" and considered eligible to remain within the Project. In addition, any households who qualify in the Moderate Income category (between 81%-120% of area median income), will also be allowed to remain within the Project under certain return rental conditions to be discussed in Section III-D. Those current households, who are considered "over -crowded" (needing more than two bedrooms based on a 2+2 occupancy standard), will also be grandfathered and will qualify to remain within the Project in one of the rehabilitated units. New tenants will be held to a 2+2 occupancy standard (two people per bedroom and two people in an additional room such as a living room or den). As of this date, the Project will cause no permanent displacement of residential households. The needs and characteristics of the displacee population and the Developer program to provide assistance to each affected person are general subjects of this Relocation Plan (Plan). The Developer anticipates funding for the Project will be provided by tax increment and HOME funds. This Plan conforms to the requirements of the federal Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970 (URA), as amended, the implementing regulations of Handbook 1378 of the Department of Housing and Urban Development (HUD), the California Relocation Assistance Law, Government Code Section 7260, et seq. (Law), the Relocation Assistance and Real Property Acquisition Guidelines adopted by the Department of Housing and Community Development and Title 25, California Code of Regulations Section 6000, et seq. (Guidelines). This Plan is organized into four sections: 1. Project description (SECTION I); 2. Assessment of the project occupants and their needs (SECTION II) 3. Description of the Developer's temporary relocation program (SECTION III); 4. Description of the Developer's outreach efforts, project timeline and budget (SECTION IV). I. PROJECT DESCRIPTION