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2. Character of Area: Land uses within the project corridor are <br />mixed, consisting of older residential units, including both <br />single - family homes and duplexes, a variety of strip - <br />commercial businesses, four school sites (two elementary, one <br />high school and one college) and one community shopping <br />center (Honer Plaza) . <br />E. Project Area Characteristics (City of Santa Ana) <br />1. Type of Area: Urban <br />2. Estimated 1985 Median Household Income: $24,446 <br />3. Estimated Total Population, 1987: 227,398 <br />4. Ethnic Composition, October 1986 Estimate: <br />Spanish /Hispanic 73.8% <br />Black 3.3% <br />Asian /Pacific Islander 11.0% <br />Caucasian 11.8% <br />Other .I% <br />Source: Santa Ana Unified School District, October 1986 <br />Student Enrollment. <br />5. Average Household Size, 1987 Estimate: 3.3 <br />6. Housing Stock: <br />Estimated Total Housing Units, 1987: 71,290 <br />Single - Family Units 53.4% <br />Multi - Family Units 42.4% <br />Mobile Homes 4.1% <br />7. Percentage housing units built more than 15 years ago: 88% <br />Source: Housing Element of the City of Santa Ana General <br />Plan, June 1984. <br />8. Vacancy Rate, 1987: 3.65% <br />Source: State of California, Department of Finance. <br />9. Average sales price of a previously owned, single- family <br />home: ± $130,000 and more <br />10. Section 8 Rental Limits (Orange County, November, 1986) <br />Number of Bedrooms <br />Rental <br />Limit: <br />1 2 3 4 5 <br />$615 $724 $904 <br />-3- <br />$1,013 $1,165 <br />