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HOUSING RESOURCES <br />The Residential/Mixed Use zoning district could facilitate lot consolidation by <br />offering progressively higher densities based on lot size and percentage of <br />affordable units provided. The standards could facilitate the consolidation of sites <br />into larger projects at higher densities, which lowers development costs, improves <br />financial feasibility, and encourages affordable housing. Should additional <br />flexibility be needed, developers could request modification of a variety of <br />development standards to facilitate the project for properties with special <br />circumstances (lot size, topography, location of surroundings, etc.). <br />Per Program 28, the City will revise its current density bonus ordinance to reflect <br />recent changes in state law. The amount of a density bonus could range from 20 <br />percent to up to 35 percent, depending on the amount by which the percentage of <br />affordable housing committed to be provided exceeds the minimum percentage <br />established in state law. Eligible projects may also receive one to three regulatory <br />concessions or other development incentives, depending on the proportion of <br />affordable units and level of income targeting. <br />Program 30 states that the City will work with employers to produce a <br />demonstration workforce housing project and advocate for favorable legislation <br />that incentivizes the production of such housing. The underused land along the <br />transit corridors, with its proximity to transit systems, employment centers, and <br />freeway access, is among many potential locations for workforce housing. Finally, <br />the developments could qualify as categorically exempt under Section 15332 of <br />the California Environmental Quality Act (CEQA), further expediting <br />development processing time and reducing entitlement costs. <br />Summary Assessment <br />In summary, the transit corridors offer significant opportunities for residential <br />development, including affordable housing, within the housing element period. <br />Through the upcoming General Plan and Zoning Ordinance update, the City <br />may draft and adopt residential/mixed -use development and design standards to <br />facilitate and encourage voluntary lot consolidation. If applied to these corridors, <br />new land use designations and the encouragement of lot consolidation could <br />provide the potential for up to 1,195 units on 40 acres ofvacant and underutilized <br />land. Developers have continually expressed interest in building housing along <br />these corridors, particularly the East First Street corridor. With new general plan <br />designation, zoning, and residential/mixed -use standards, these sites could offer <br />excellent opportunities for development. <br />TRANSIT ZONING CODE <br />Introduction <br />The City adopted the Transit Zoning Code (TZC) in 2010. The TZC guides <br />development in the central urban core of Santa Ana and consists of more than 450 <br />acres of land. Recent developments in this area highlight the opportunities for <br />both affordable and market rate residential projects. Projects such as Triada <br />Garden and Triada Court provide 98 new units affordable to very low incomes in <br />CITY OF SANTA ANA GENERAL PLAN HOUSING ELEMENT C -27 <br />