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04 - JOINT PH - Loan Agmts 703 N Lacy 702 S Raitt
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04 - JOINT PH - Loan Agmts 703 N Lacy 702 S Raitt
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1/3/2012 3:33:49 PM
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6/23/2011 5:17:42 PM
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City Clerk
Doc Type
Agenda Packet
Item #
04
Date
1/5/2009
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INTRODUCTION <br />C&C Development Co. and Orange Housing Development Corporation ("the Developer") are in <br />the processing of acquiring one property for their proposed affordable housing project, the Lacy <br />Apartments Project in Santa Ana, CA ("the Project"). The Project site consists of .3 acres and is <br />located at 703 N. Lacy Street. The site contains one structure housing 27 apartment units: three <br />studio units, 15 one-bedroom units and nine two-bedroom units. <br />Currently, 23 units are occupied, and four units are vacant. The Developer plans to rehabilitate <br />the units, including a thorough rehab of the interior and exterior. Fob? the }'interior, paint, toilets, <br />shower enclosures, sinks, garbage disposals, and vinyl flooring will be installed or replaced. <br />Work on the exterior will include repairs to the stucco, new exterioi',paint and new windows. <br />There will be no structural changes during the rehabilitation, therefore 27 units will remain after <br />the rehab with the same configuration as stated above. <br />Units will be offered to tenants who qualify at,3U% of are; <br />households, whose income level is greater than ~d% of area <br />permanently relocated. <br />New tenants will be held to a 2+2 occupancy standard (two p <br />in an additional room such as a living room itr den) for one-be <br />standard (two people per bedroom and one person in an additic <br />den) for two and three bedroom units. Any': cu~rertt o <br />"grandfathered" and will qualify to remain within tl Project itt <br />median incom¢. ,These tenant <br />Median income, wall""need to be <br />ale per bedroom and two people <br />Qom units and a 2+l occupancy <br />Ififn~' <br />rl room such as a living room or <br />ercrowded households will be <br />~(ie of the rehabilitated units. <br />The Developer anticipates funding for the Project.will be the following types of funding: HOME <br />funds and tax increlttort(1xiQnies. 'I'bis Plan conforms tQ the requirements of the federal Uniform <br />Relocation Assistance and Real Property Acquisitivn'Policies Act of 1970 (URA), as amended, <br />the implementing regulations Qf Hanrl~pok 137 of the Department of Housing and Urban <br />Development:=THUD), the Califr3rnia Relocation Assistance Law, Government Code Section <br />7260, et seq. (Law), fhe Relocation Assistance and Real Property Acquisition Guidelines adopted <br />by t1~pDepartment of Housing and Com'e(iunity Development and Title 25, California Code of <br />Regulations Section 6000, et seq. (Guidelines). <br />The needs and characteristics f of the permanent displacees and the Developer's program to <br />provide assistance tv each affected person are general subjects of this Relocation Plan (Plan). <br />(There is also a brief })escnp'tion of the relocation program for the temporarily displaced tenants.) <br />This Plan is organized an five sections: <br />1. Project description (SECTION I); <br />2. Assessment of the relocation needs of persons subject to displacement (SECTION II); <br />3. Assessment of available replacement housing units within the City of Santa Ana and <br />surrounding communities (SECTION III); <br />4. Description of the Developer's relocation program (SECTION IV); <br />5. Description of the Developer's outreach efforts, Project timeline and budget (SECTION <br />V). <br />4 - 74 <br />
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