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III. RELOCATION RESOURCES <br />A. METHODOLOGY <br />For residential housing, a resource survey was conducted to identify available rental units <br />initially beginning within afive-mile radius from the Project site. The following sources were <br />utilized: <br />-- Classified rental listings from local newspapers and Far Rent publications <br />-- Contacts with real estate/property management companies serving the community <br />-- Internet sources of rental opportunities _ <br />B. REPLACEMENT HOUSING AVAILABILITY <br />1. Residential Rental Housing <br />The rental replacement housing survey considered units fop rent in Santa Aria. This data is <br />summarized in Table 3 below. -= d°~° <br />Table 3: Availabili and Cost of Re lacement Rental Housin <br /># of Bedrooms Studio"'"', ; One Three <br /># Found (# Needed 11 1 42 1 14 2 <br />Rent Range $650 - $1,395 i $825 - $1,000 $1,335 - $1,800 <br />Median Rent $850 $950 $1,600 <br />The median rent an <br />budget projections <br />market rates prevFtl <br />2. Summary <br />Considering the abo <br />twq~tveek period, it <br />residential occupant <br />of rental bppbrtunit <br />slight increase in me <br />obligation under <br />requirements. (See l <br />C. RELATED IE <br />the table is among the figures used to make benefit and <br />is amount ~; naturally, subject to change according to the <br />-ibed availability of replacement housing resources gathered over a <br />that there are more than adequate replacement resources for the <br />,while adequate replacement resources exist, based on survey results <br />tie tenants' current rent, the tenant occupants will likely have a <br />;nt. Possible increases, if any, will be met through the Developer's <br />bcation regulations, including Last Resort Housing (LHR) <br />IV, E). <br />I. Concurrent Residential Displacement <br />There are no current public projects causing significant residential displacements underway in <br />Santa Ana which would compete with the Project for needed housing resources. No residential <br />displacee will be required to move without both adequate notice and access to available <br />affordable decent, safe and sanitary housing. <br />7 <br />4 - °0 <br />