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<br /> <br />LS 8.25.15 <br />footage area of the required new Inclusionary Units must be the same as the <br />sum-total of the number of habitable square feet for the Project as directed <br />by this ordinance, the number of units and bedrooms associated with the off- <br />site units may be approved by the review authority of the City of Santa Ana, <br />consistent with the type of affordable housing needed at the time of Project <br />review. <br /> <br />2. Rehabilitated Units Outside a Designated Target Area. The Developer may <br />satisfy the Inclusionary Unit requirements for the Project, in whole or in part <br />by substantially rehabilitating existing housing units elsewhere within the <br />borders of the City of Santa Ana at a rate of 1 ½ habitable square feet per <br />each required habitable square foot of Inclusionary Units <br /> <br />3. Rehabilitated Units Within a Designated Target Area. Upon application, the <br />Developer may satisfy the Inclusionary Unit requirements for the Project, in <br />whole or in part by substantially rehabilitating existing housing units <br />elsewhere within the borders of the City of Santa Ana at a rate of 1 habitable <br />square foot per each required habitable square foot of affordable <br />Inclusionary Units. <br /> <br />(c) In-lieu fee. <br /> <br />(1) Twenty (20) or fewer units. In the case of a Residential Project containing between <br />five (5) and twenty (20) residential lots or residential units, the Developer may elect to <br />satisfy the Inclusionary Unit requirements for the Project, in whole or in part, by <br />payment of a fee in lieu of constructing some or all of the required units. The amount of <br />2 <br />the fee allowed by this section shall be five dollars per square foot ($5.00/ft.) of the <br />sum total of the number of habitable square feet within the entire Project, as measured <br />from the exterior walls of the residential units. This calculation does not include exterior <br />hallways, common areas, landscape, open space or exterior stairways. <br /> <br />(2) More than 20 units. In the case of a residential project comprised of more than twenty <br />(20) residential lots or residential units, the developer may elect to satisfy the <br />Inclusionary Unit requirements for the Project, in whole or in part, by payment of a fee <br />in lieu of constructing some or all of the required units. The amount of the fee allowed <br />2 <br />by this section shall be fifteen dollars per square foot ($15.00/ft.) of the sum total of <br />the number of habitable square feet within the entire Project, as measured from the <br />exterior walls of the residential units. This calculation does not include exterior <br />hallways, common areas, landscape, open space or exterior stairways. <br /> <br /> (3) Timing of payment. The Developer shall pay any in-lieu fees allowed by this Section in <br />full before issuance of the first Building Permit for any portion of the Residential <br />Project, including any non-residential portions of a mixed-use development. The <br />Developer may provide input regarding what project the in lieu fees should be applied <br />towards, but such input shall not be dispositive. The in lieu fees collected by the City <br />are City funds over which the City has complete and absolute discretion. <br /> <br />(4) Inclusionary Housing Fund. Fees collected in compliance with this Section shall be <br /> <br />deposited in the Inclusionary Housing Fund. <br />Ordinance No. NS-2881 <br />Page 7 of 17 <br />