Laserfiche WebLink
Resolution to Modify FYI 5-16 <br />Miscellaneous Fee Schedule <br />September 15, 2015 <br />Page 2 <br />adopted the Housing Opportunity Ordinance which requires projects meeting a certain criteria to <br />provide a minimum of 15 percent of total units as affordable housing units withimthe project, or meet <br />the requirement through alternative methods. Proposed amendments to the Housing Opportunity <br />Ordinance will not impact the proposed administrative fees. <br />The proposed administrative fees for the Housing Opportunity Ordinance are to cover the <br />administration and oversight of the Ordinance. These fees include the following: <br />- Inclusionary Housing Plan Submittal Fee ($250 per submittal) will cover the <br />necessary staff time to review, approve and execute submitted housing plan. Staff <br />time also includes the preparation of inclusionary housing agreements for each <br />submitted project. <br />- Initial Sale of Ownership Units ($310 per unit) will be required at the time of initial <br />sale of each inclusionary ownership unit to a qualified homebuyer. The proposed <br />fee will be used for necessary staff time to review and approve qualified homebuyer <br />applications for the inclusionary units. <br />- Annual Rental Monitoring Fee ($100 per unit) will be required for rental inclusionary <br />units for staff time to ensure monitoring and compliance with the inclusionary <br />agreements, including inspections of the units and tenant file review. <br />STRATEGIC PLAN ALIGNMENT <br />Approval of this item supports the City's efforts to meet Goal #4 City Financial Stability, Objective <br />#2 (provide a reliable five -year financial forecast that ensures financial stability in accordance with <br />the strategic plan), Strategy A (adopt a budget that is in alignment with the financial forecast and <br />strategic plan). <br />Approval of this item supports the City's efforts to meet Goal #3 Economic Development, Objective <br />#4 (continue to pursue objectives that shape downtown Santa Ana into a thriving, culturally diverse, <br />shopping, dining, and entertainment destination), Strategy #B (create a comprehensive program to <br />manage parking that includes innovative strategies to provide parking, create revenue and enhance <br />accessibility in the downtown). <br />Approval of this item also supports the City's efforts to meet Goal #5 Community Health, Livability, <br />Engagement and Sustainability, Objective #3 (facilitate diverse housing opportunities and support <br />efforts to preserve and improve the livability of Santa Ana neighborhoods), Strategy #B (ensure <br />compliance with the City's Housing Opportunity Ordinance by requiring rental and ownership <br />housing projects that meet specified criteria provide a minimum of 15% affordable units). <br />75A -2 <br />