80A - JOINT PH - TRANSIT ZONING CODE, FINAL EIR, SPECIFIC PLAN ETC. - ORIGINAL PACKET PROVIDED TO COUNCIL

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Chapter 4 Statement of Overfiding Consideratlons o dwelling units per acre in order to meet the density criteria that HCD has established as being supportive of affordable housing producdon. The its' Housing Element identified th Renaissance Specific Plan area, which shares the same geographic b undatT as the Transit Zoning Code area, as one that has the potential to provide a new source of residential in --fill de'refopment and, as such, was used to partially satisfy the City's RHNA requirement. During the planning period co -ver ed by the Housing Element (2006 -2014) it is estimated that the Cite could anticipate up to 238 units of new residential development. Throughout the life of the Transit Zoning Code a planning horizon of 20 to 30 gar it is est aced that there could be as many as 4,075 residential wits, a portion of which could be expected to in et affordability requirements. The Proposed Project implements the Housing Element and provides the zooming necessary to stimulate near affordable housing production, j. The Developer Project component of the Proposed Project and the Mercy House project miu provide up to 220 new residential units. As currently des* 19 ned these projects '%X ill Provide 121 rental units affordable to those meeting the Orange Count criteria fog.• Lo v, VeiT -Lo-%%3, and Exarcmel y Lo-";, Income, three inarka rate rental wits, six for -sale units affordable to those meeting the Orange Counter criteria for Moderate lncotne, and 26 market-rate for-sale units. 11' s creates a combined total of 16 new residential wits. Of these, 127 mrill be deed -- restricted affordable housing and will be counted to yards the C:it "s RFINA re uiren -lent. These 127 affordable wits represent 3% of all new units estimated to be constructed Within the 2006 -2014 planning horizon of the Housing Element for the 'Transit Zoning Code area and represent 10% of the Citys total RHNA re in ent for r � Low and Low housing (1,268 a is � Cite of Santa Ana Housing Element 2006 --2014 'Table . This is a sign f cant contribution to meeting both the State mandated requirements for affordable housing production, as ll as meeting a real need for the residents of Santa Ana. In addition, the Allercy House project 12 of the 127 pr eviousl y described units) Beets the it's criteria for Special Deeds housing, also identified as a need in the Housing Element. Failure to approve the Developer Project and the Mercy House project el minate an iniportant n ew source of affordable lousing and special needs housing. k. The Developer Project furthers the City's police of "maXa'Uiz[ingJ affordable housing on Agency- owned properties that is of lti h qualit y, sustainable, aril a-vaflable to various income 1 -v 1s." (See Santa Ana Housing Element [2006 - 2014], Police HE-2.8.) It meets the City's policy to "encourage the construction of rental housing for Santa na-s residents and %xrorkforce, including a coMMItnient to -v h f loxxr, toy and moderate income residents and moderate income Santa Ana vor ers" (Policy H1.7,-2.3) and its police to "facilitate and encourage a diversity and range in tees, prices, and sizes of housing, including single -fatudy hon-i s, apartn -lents, town homes,, i i ed multi- - use housing, transit- oriented developments, and live/xvork h usilig "' (Policy HE-2.4). (See Santa Ana Housing Element [2006-2014J.) The Transit Zoning Code component of the Proposed Project accomplishes this by creating zoning and affordable housing incenti -Ves that supports the development of tl -%xt affordable housing b y allowing for densities which provide the economies of scale necessary to alto for belo-\\r-market construction. The Transit Zoning Code also provides for a yid rariety of housing types which includes e -ver thing from single-family detached houses to high-rise mixed --use. deTTelopment. By allowing for a mixture of uses both horizontally on single properties, and - verticall y NN4thin single buildings, the Transit Zoning Code provides opportunities for a di -s-rerse mix of lousing in furtherance of the Citys Housing Eslement. The Dc- mloper Project component of the Proposed Project accomplishes this by providing 124 nemir rental units and 32 ne-%Nir for --sale units. Of these units, 127 will be deed restricted to ensure their lung --term affordability. This new housing is comprised of a variet y of product Vpes including courtyard Transit Zoning Code 4} EIR Findings of FacVStatement of Overriding Considerations