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AA No. 2013 -04, TTM No. 2013 -05, & SPR No. 2013 -04 November 4, 2013 Page 2 HOUSING OPPORTUNITY ORDINANCE This project is subject to the City's Housing Opportunity Ordinance (HOO) pursuant to SAMC 41- 1900 et seq. The HOO applies to any residential project where a zone change to allow residential uses, or approval of an overlay zone for residential uses is proposed. The ordinance requires that the project include units affordable to households qualifying under the County's income classifications for Very Low to Moderate incomes. In the case of this project, the applicant must provide 5 for -sale units (15 percent of 28 total units) meeting the affordability guidelines for Moderate income. Prior to issuance of building permits, the applicant is required to submit both an Inclusionary Housing Plan and Inclusionary Housing Agreement to be approved ministerially detailing the manner in which the program will be administered. These documents are subject to the review and approval of the City Attorney's Office, the Planning Division and the Community Development Agency. The Inclusionary Housing Agreement will also be recorded against the property. In addition, a condition of approval will be placed on the Tentative Tract Map that states the Inclusionary Housing Plan and Inclusionary Housing Agreement shall comply with the procedures for establishing eligibility and applicant priority contained within the Housing Element as it may be adopted and amended by the City Council. At a minimum these eligibility criteria shall give priority to tenants /buyers whose household income is on the lower end of the applicable income range and tenants /buyers who are residents of Santa Ana. The provisions of the Inclusionary Housing Plan must be fully implemented prior to any issuance of Certificate of Occupancy. FISCAL IMPACT There is no fiscal impact associated with this action Jay . Trevino Executive Director Planning and Building Agency AN:rb aMwp51 \plancommVW 13- 04TM13- 05SPR13- 04Fifth &Newhope.ee Exhibit: A. Planning Commission Staff Report B. Household Income Affordability Range Table 75C -2