05 - P H Five-Year Implem Plan - Laserfiche WebLink

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B. AFFORDABLE HOUSING FUND STATUS five-year implementation plan must address the redevelopment agencys performance relative to each of these responsibilities in enough detail to evaluate the Agency's performance for each of the five years. This includes the following: Plans for using annual deposits into the Housing Set -Aside Fuad. -� Affordable Housing Funds must b spent �n very -low, low , r offer to income F + housing projects in proportion to the unmet need for mous-in, os defined in Government r f Y r R r+R•R + f R + Code e ct i o n 65584 (Income Targeting R uirement .•Rrr•rR.•�Rrf •[ [•r r f r'Y'r•r•.r•��•r r+f r+s+r�r•r••r+ -� A cap is applied to the mount of Affordable Housin #� � ,.. t can be spent on f. rfr ...rfr+fk housing that is subject t age restrictions (Age Re tri on Rel u 1'ro-e 'dent r#FrFwr � r . /+ffTf +rry�r#IrlF.rl a'�xrFrTFrfTFFff YY/rF*}�f J}r#• xy wf FfrFFf l�FTf Identification ofplanned projects that will result,""_tl�e estr ct�or� :;ff�.ef 1stiing ffor ble rrF rrlY/•fff* y"M ATF iiFlffrrJl r+ housing and identification of proposed locilti3O,909,. for housing to replace'removed for project activities (Replacement Housing Yir1#3r irfrft t T #T I+rrrJJ}sYrFYl rr�J �:J,++r+r+,+++aF ++ ;ff{fJf+ JtfTTFFT f+y s+#I f ffTYr+}+#Y+,aT a Estimates of new housing units to k e o stru,cte�ithi- "} T06 Merged Project Area if adopted ##TTTTTf■F Rrrrrrlis#T after 1975 r both five -ye /x4nd.[ 10 -year �{+; F++.+►�T•to produce affordable housing in •Yf{f Tiff f+J+sJ/ l�R+�f�k # *T's i+#r+FF r ! _ f f R. a R r { sys + T F response to new housing prod u ti � ° r � c harry Ho691'":Production Requirement). 'Jy. + t } +~ff* +}+f T•r r+TT %•y *#Fr r R•K!. f+fasT+++ + f!F - •4•r •if FTFRF + T+ dKO(ma +rr r [+s+Y f•i r.•r• r F 0 Man affordable housingr ctitior� r'f:, irehave-�:, luded that redevelopment envies can use one uPitto fulfill Kft , tin +[�[}fr�r".... . ent 'libusing and the inclusionary +Y I'• * s s+Y�r i'ff r T f + s•X . ■ • JJrFts+Y r f f a+ ITI1+ T t + r+ * r r r s s+ i housing produ�ctior� to r is it k 1P b. "�:= t� r r� �, However, � the interest f • f+T# +F r # a•T•+ R • •r •i conservative rR. ;[R tlne }/;�{}+'Myna ra.�F decision not to double count units .T++r+Frr+rR r .1 S..r #rr r+l •Jrr policy G.V. I toward the .d i e repla c'Ment bod'Sl g and inclusionary housing production ++r+r+ f + {rf . R . tifa+ r { * ++off i+r•• r Orr+++r�r+F requirements.r-,•,.•- .•• _r f:-+-.•.•f•Y }++i yy f•t •'Y�•�.�;fy ..r . err*,'.� % ': . r err r� r•fR+: r�'r'.�f'.r. 4+r## r 'ryr y r r•r'.:'.'r•r'r'.•. r .•f•.��r f .� .Fr rrr ��.frf. An exp lana . of �n :: �"+r+ is �r� � i i #�#0ojects d expenditures r l implement er t tk e F # Y of #Frrr*fxr low "F �+ Jnco r+ f r bl burs ri"r fun n boos*r�production requirements. yr}r�f�rrrr+r FY+F 1 [[;FI i}fiy#•/#I rrr i r f 1 y V,'PY y r{ fi r A-:.-A�..;W�w re u��rerr dhfo_f th6�: Section 4 o i of the CRL i to identify the ��}r�f}F#rr* Frr}f}rTf/{I 3rT�r�}#J;F J ff't FtY}�r}: ► +fFFl fQ`;* M;. t of Affordarbk f*4; ups n s usedt assistextremely-low, very -low and low t ,,.{. +rff',.� f f r Y f 1 F• �R F++% + k incorrits during tb'P+frViou�s i�nplernentton period: f �f 'rf ff ff Y', �+rff Ff+Tr rr RT[f•ri' IRf•fr+T+y �� DRi' +r#f�.Y +ff f•#•f[ fry ��rya T f t� • +[� rf+r r•R•r r•r #rrr r•f r/ *f•r• r+r r rf +r �ff�.xrf+'rfyr•. a'•��r f•r f Extremely Low Income units $93,241 Very -Low Income Units 14,254,304 Low Income Units 81467,420 Total Assistance $221814.,965 The law a Iso requires agencies to identify tine amount of Affordable Housing Funds used to; nta Ana Community Redevelopmentn mplem ni ion Plan JL1l ,. 2010 to Al e 30,, 2015 For the WIRrSanta Ana Redevelopment Project Area Page 41