75A - PH 1901 East First St - Laserfiche WebLink

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Ordinance Second Reading, VTTM No. 2013 -04 & SPR No. 2013 -03 November 18, 2013 Page 3 HOUSING OPPORTUNITY ORDINANCE Although not originally subject to the Housing Opportunity Ordinance (HOO) the First Amendment to the Development Agreement included the requirement to comply with SAMC 41 -1900 et seq. In the case of this project, the applicant must provide 10 rental units meeting the affordability guidelines for Low income pursuant to the amendment to the project's Development Agreement. 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 Vesting Tentative Tract Map that states the Inclusionary Housing Plan and Inclusionary Housing Agreement shall comply with the procedures for establishing eligibility arid. 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 residents whose household income is on the lower end of the Low income range and residents 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 Ja M. Trevino Executive Director Planning and Building Agency VF:rb vfVeports�ADA07 -1 2od Read VTTM13 -4 SPR 2013 -03 1901 1 st Street.ml 11813 Exhibit: A. Planning Commission Staff Report B. Revised Project Plans 75A -3