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<br /> Chapter 13 TEXT CHANGES <br /> Rationale. Preservation of ten of the existing structures proposed for demolition in the Lacy <br /> Neighborhood is not feasible because it would inhibit the City's ability to meet its affordable <br /> housing goals. Construction of affordable housing units is critical to meeting the City`s Regional <br /> Housing Needs Assessment (RHNA) for 2006-2014, and the City has an adopted policy to <br /> "maximize affordable housing on Agency-owned properties that is of high quality, sustainable, and <br /> available to various income levels." (Refer to Santa Ana Housing Element [2006-2014], Policy HE- <br /> 2.8.) Additionally, preservation of properties within the Lacy Neighborhood may inhibit the City's <br /> ability to "encourage the construction of rental housing for Santa Ana`s residents and workforce, <br /> including a commitment to very- low, low and moderate income residents and moderate income <br /> Santa Ana workers" (Policy HE-2.3) and to fulfill its policy to "facilitate and encourage a diversity <br /> and range in types, prices, and sizes of housing, including single-family homes, apartments, town <br /> homes, mixed/multiuse housing, transit-oriented developments, and live/work housing" (Policy <br /> HE-2.4). (Refer to Santa Ana Housing Element [2006-2014].) Further, preservation of ten of the <br /> existing structures proposed for demolition in the Lacy Neighborhood would be inconsistent with <br /> the primary objectives of the proposed Developer Project to "redevelop all of the Agency-owned <br /> properties" and "provide new affordable housing for families in furtherance of the City's <br /> affordable housing goals established in the Housing Element, the Implementation Plan for the <br /> Santa Ana Merged Redevelopment Project Area, and the City of Santa Ana Consolidated Plan." <br /> Regarding the suggested three-month moratorium on additional purchases, the moratorium on <br /> additional purchases would significantly constrain the ability of the Developer Project to be <br /> accomplished. This would result in fewer units of affordable housing as stated in the previous <br /> paragraph. <br /> Further, rehabilitating ten of the twentyT properties under consideration for potential acquisition <br /> would substantially limit the opportunity to provide new affordable housing for families in <br /> furtherance of the City's affordable housing goals established in the Housing Element, the <br /> Implementation Plan for the Santa Ana Merged Redevelopment Project Area, and the CityT of <br /> Santa Ana Consolidated Plan. Further it would not enhance the streetscape and urban form of the <br /> area, particularly along Santa Ana Boulevard, with the construction of new buildings that meet the <br /> standards contained in the Transit Zoning Code and that support future transit planning. Nor <br /> would it secure provision of public open space or facilitation of a joint use arrangement with <br /> SAUSD for a new community center. Finally, it would not provide an economically viable <br /> redevelopment scenario for the Agency-owned properties. Additionally, it would result in the <br /> elimination of an opportunity- to provide new qualityT housing. As a result, if demolition of the <br /> properties that may be acquired by the Agency were precluded, the Redevelopment Agency would <br /> not pursue their acquisition, and the benefits of the Developer Project, including the creation of <br /> new public open space, the elimination of blight, and an enhancement of the streetscape, would <br /> not be realized. <br /> As explained above, it is not feasible to preserve ten of the existing structures proposed for <br /> demolition in the Lacy Neighborhood or to rehabilitate ten of the twenty properties under <br /> consideration for potential acquisition. Therefore, it would not be possible to create a rehabilitation <br /> pool to be funded based on savings/cost avoidance from avoidance of moving or purchasing some <br /> of the properties. However, the Redevelopment Agency has directed its Executive Director to <br /> establish a targeted residential loan program for the Lacy Neighborhood and to authorize the <br /> expenditure of up to 5100,000, cumulatively from various funding sources. The Agency has also <br /> authorized the expenditure of up to 560,000 for cultural/historical markers to be installed in the <br /> public right of way within the Station District. <br /> 13-2 City of Santa Ana Transit Zoning Code (SD 84A and SD 84B) EIR <br /> <br />