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APPENDIX A - TABLE 2 <br />IN -LIEU FEE CALCULATION WORKSHEET <br />OWNERSHIP PROJECTS -15% MODERATE INCOME INCLUSIONARY REQUIREMENT <br />INCLUSIONARY HOUSING IN -LIEU FEE METHODOLOGY <br />SANTA ANA, CALIFORNIA <br />I. Project 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 />Total In -Lieu Fee 4 <br />Per Total Unit <br />Per Income Restricted Unit <br />Per Square Foot of Total Building Area <br />Total Project <br />Units % of Total Units' <br />Restricted Price - <br />Moderate Income <br />Market Prices 3 <br />$325,900 <br />$357,600 <br />$384,600 <br />Affordability <br />Gap / Unit Inclusionary Units <br />' This column must add up to 100 %. <br />2 Multiply the % of Total Units times the Total Inclusionary Requirement. <br />3 Equal to the lesser of the defined Affordable Sales Price or 20% less than the projected Market Price. <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 A2 75B-1 4 <br />15% <br />Required # of <br />Inclusionary <br />Units 2 <br />Affordability Gap / <br />Unit <br />Total Affordability <br />Gap <br />