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LS 7.30. 15 <br />"Moderate- Income Households" means "persons and families of low or moderate income" <br />as that term is defined by Section 50093 of the Health & Safety Code. <br />"Pipeline Project" means any project for which an application was submitted and the <br />application was deemed complete prior to August 4, 2015. <br />"Regulatory Agreement" means an agreement entered into between the City of Santa Ana <br />or the Santa Ana Community Redeem ve;epmen Development Agency and a Developer by <br />which the Developer covenants to keep certain housing units at an affordable housing cost <br />for a specified period of time. <br />"Rehabilitated Units /Rehabilitation" means the improvement of a unit in substandard <br />condition to a decent, safe and sanitary level. Units are in substandard condition when, <br />while they may be structurally sound, they do not provide safe and adequate shelter, and <br />in their present condition endanger the health, safety or well -being of the occupants. <br />"Residential Project/Project" means any of the following: <br />A subdivision resulting in the creation of 5 or more residential lots or residential <br />condominium units; or <br />The new construction of a project consisting of 5 or more multi - family units; or <br />The new construction of 5 or more separate houses or dwelling units; or <br />The conversion of 5 or more existing residential rental units to condominium <br />ownership. <br />"Target Area" means that area designated by the City from time to time, on an as- needed <br />basis, as a priority area for rehabilitation due to health and safety concerns. <br />"Total Housing Costs" the total monthly or annual recurring expenses required of a <br />household to obtain shelter. For a rental unit, total housing costs shall include the monthly <br />rent payment and utilities paid by the tenant (excluding telephone and television). For an <br />ownership unit, total housing costs shall include the mortgage payment (principal and <br />interest), insurance, homeowners' association dues (if applicable), private mortgage <br />insurance (if applicable), taxes, utilities, an allowance for maintenance and any other <br />related assessments. <br />"Very Low - Income Households" means "very low income households" as that term is <br />defined by Section 50105 of the Health & Safety Code. <br />Sec. 41 -1902. Applicability and Inclusionary Unit Requirements <br />75B -14 <br />