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010306 Loan Agmts Ross Durant, LP and Auth of Relocation Plans
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01/03/06
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010306 Loan Agmts Ross Durant, LP and Auth of Relocation Plans
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11/5/2013 11:00:40 AM
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Rehabilitation work in the Project will result in the need to temporarily displace 19 residents <br />from their units. Temporary relocation needs will be met by utilizing available on -site units. <br />The Developer anticipates that all households will be accommodated on -site and no <br />temporary units off -site will be required. <br />Due to the rehabilitation work and income criteria, 11 households will not be able to return <br />to the Project once the units are rehabilitated. For the purpose of this Plan, the assumption <br />was made that the 2 non - contacted units will not meet the income criteria and will need to <br />be permanently relocated; thereby making the total number of permanent displaced <br />households to be 13. <br />For purposes of determining the availability of rental housing resources for the permanent <br />displacees within the City of Santa Ana, a survey was conducted during the month of <br />November 2005. The results, summarized below in Table 6, indicate the number of found <br />& needed units by bedroom size, the cost range in each category and median market rent <br />for each category. <br />Table 6: Rental Unit <br />Availability.and Cost:by Bledroom Size <br />.Studio <br />1 bed room <br />ed <br />- 2 broom <br />3 bedroom. <br /># Found (# needed) j. <br />41 (5) <br />77 (3) <br />71 (3) <br />21 (2)* <br />!Rent Range <br />$550 - $1,180 <br />$795 - $1,350 <br />$895 - $1,870 <br />$1,250 - $2,100 <br />:Market Metliap'Rent ,' <br />$825 <br />$950 <br />$1,295 <br />$1,600 <br />*Assumption made that the 2 no- contact households would require a 3- bedroom unit <br />It is expected that there will be more than adequate resources to house the 13 permanent <br />displacees given the balance between needs and available resources. <br />Concurrent Displacement <br />There are no known projects that are planned concurrently with this project in the City of <br />Santa Ana or surrounding areas that would compete with existing or anticipated housing <br />resources. <br />Prepared by Overland, Pacific & Cutler, Inc. <br />7 -86 <br />Page 10 <br />
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