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25G - AGMT - INCLUSIONARY HOUSING 1206 N HARBOR
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25G - AGMT - INCLUSIONARY HOUSING 1206 N HARBOR
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2/12/2015 5:27:42 PM
Creation date
2/12/2015 5:08:27 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
25G
Date
2/17/2015
Destruction Year
2020
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INCLUSIONARY HOUSING ALTERNATIVES <br />Select the applicable alternatives to indicate how the project will comply with the <br />inclusionary housing requirement: <br />On -site construction of inclusionary units <br />X In -lieu fee payment for entire obligation <br />In -lieu fee payment for fractional unit' <br />Land dedication <br />Note: Alternatives other than "on -site units" require City Council approval. <br />PROJECT DESCRIPTION <br />Describe the project in the following chart: <br />Number of <br />Bedrooms <br />Unit Size <br />(Square Feet.) <br />Number of <br />Market <br />Rate Units <br />Number of <br />Moderate <br />Income Units <br />Total <br />Number of <br />Units <br />Studio <br />1 <br />2 <br />3 <br />1,771 -1,849 <br />49 <br />49 <br />4 <br />1,707 -2,024 <br />61 <br />61 <br />5 <br />' If the calculation of the number of required inclusionary housing units results in a fraction, the developer <br />has the option to (a) provide an additional inclusionary housing unit or (b) pay an In -Lieu Fee equal to the <br />percentage represented by the fractional inclusionary housing unit multiplied by the applicable In -Lieu <br />Fee. <br />Inclusionary Housing Plan — Ownership Project Page 2 <br />Santa Ana, California August 11, 2014 <br />25G -24 <br />
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