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APPENDIX A - TABLE 3-1 <br />IN-LIEU FEE EXAMPLE <br />OWNERSHIP HOUSING EXAMPLE <br />INCLUSIONARY HOUSING IN-LIEU FEE METHODOLOGY <br />SANTA ANA, CALIFORNIA <br />1. Proiect Description <br />A. Project Name <br />B. Project Address <br />II. On-Site Inclusionary Requirement <br />A. Required Number of Inclusionary Units <br />Total Project Units <br />Inclusionary Requirement as % of Total Units <br />Total Inclusionary Requirement (Round-up) <br />B. Inclusionary Unit Distribution <br />Two-bedroom Units <br />Three-bedroom Units <br />Four-bedroom Units <br />Totals <br />Total Building Area (Square Feet) <br />III. Affordability Gap / Unit Calculation <br />Two-bedroom Units <br />Three-bedroom Units <br />Four-bedroom Units <br />IV. Affordabilitv Gap Calculation <br />Two-bedroom Units <br />Three-bedroom Units <br />Four-bedroom Units <br />Total Affordability Gap <br />Avenue E <br />2823 West Edinaer Avenue <br />Total Project <br />Units % of Total Units <br />10 23% <br />10 23% <br />24 55% <br />44 <br />71,478 <br />Market Prices <br />100% <br />Restricted Price - <br />Moderate Income <br />Units 3 <br />44 <br />15% <br />7 <br />Required # of <br />Inclusionary <br />Units 2 <br />2 <br />2 <br />3 <br />7 <br />Affordability Gap / <br />Unit <br />$275,000 $220,000 $55,000 <br />$375,000 $300,000 $75,000 <br />$475,000 $380,000 $95,000 <br />Affordability Total Affordability <br />Gap / Unit Inclusionary Units Gap <br />$55,000 2 $110,000 <br />$75,000 2 $150,000 <br />$95,000 3 $285,000 <br /> $545,000 <br /> <br />Total In-Lieu Fee 4 $545,000 <br />Per Total Unit $12,400 <br />Per Income Restricted Unit $77,900 <br />Per Square Foot of Total Building Area $7.62 <br />' This column must add up to 100%. <br />2 Multiply the % of Total Units times the Total Inclusionary Requirement. <br />3 The restricted prices are set at 20% less than the projected market rate prices for the units. <br />4 The Total In-Lieu Fee is equal to the Total Affordability Gap. <br />Prepared by: Keyser Marston Associates <br />Filename: SA In-lieu Fee_6_7_11; APP A3-1 75B-15