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050205 PH Five Hear Implementation Plan
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05/02/05
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050205 PH Five Hear Implementation Plan
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COMMUNITY PRIORITY <br />RELATED AGENCY PROGRAM <br />Affordable Housing <br />Multi - Family Residential Rehabilitation Program <br />Single - Family Residential Rehabilitation <br />Mortgage Assistance /First Time Home Buyer Loans <br />New Residential Construction <br />Substantial Rehabilitation Program <br />Mobile Home Park Program <br />(See Part 111) <br />Single - Family Home <br />Housing Rehabilitation Loans (see Part III) <br />Ownership Rehabilitation <br />Business Improvement and <br />Economic and Community Development <br />Job Creation <br />• State Enterprise ne <br />Business Rat ion an ttraction <br />Permit an a Select n Assistance <br />Implement Economic <br />Economic an om ev pment <br />Revitalization Strategy <br />Infrastructure Improvements <br />Infras ture pr is <br />Community Services <br />Pubic Fac ' D elop t <br />Recreation Opportunities <br />Publl Fa 'lity ev op nt <br />Programs O v <br />The programs d cribed be] a designe o dd ss the most significant blighting conditions <br />in the Merged Pro' ct ea, an vid ition using opportunities. Typically, when the <br />most significant blig ing on do e r uc , private sector investment will occur in the <br />Merged Project Area I din to dd io 1 r moval of blight. The Agency's redevelopment <br />programs will therefore s e a c talyst to remove blighting conditions and spur private <br />investment and the presery tion, i provement, creation and maintenance of affordable housing. <br />Often projects and programs are initiated in response to developer and owner requests. The <br />Agency also proactively plans for blight elimination, which sometimes involves soliciting <br />proposals for a specific development site. When the Agency participates in a project, the <br />Agency and developer /owner enter into either a Disposition and Development or Owner <br />Participation Agreement to assure that the project is implemented in accordance with the <br />agreed upon plan, and that the Agency's goals and objectives for blight elimination are attained. <br />In some instances, such as affordable housing, the agreements specify that the housing units <br />that are built as affordable remain affordable for 55 years (rental), and 45 years (ownership). <br />Santa Ana Community Redevelopment Agency Implementation Plan Keyser Marston Associates, Inc. <br />For the Merged Santa Ana Redevelopment Project Area - July 1, 2005 to June 30, 2010 <br />Page 13 <br />0504021.SA <br />19090.004.00114 122/2005 <br />
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