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Grand Avenue Widening Project Environmental Impact Report Section 3.0 of approximately 277 residents are estimated to be displaced by the acquisition of these housing . units under Alternative 2. Although this housing is not identified by the City as assisted, moderately priced or affordable housing, it likely is considered to be affordable and moderately priced for much of the market it currently serves. The availability of affordable and moderately priced housing in the City of Santa Ana and the surrounding cities is somewhat limited, based on the overall demand for this type of housing and the total number of units meeting a criterion of affordability. Nonetheless, it is expected that the affected residents can be relocated to elsewhere in the City or in the surrounding cities, based on the active housing market in 2000 and the 2.13 percent vacancy rate in the City in 2001. The City will provide substantial relocation assistance to displaced residents, as described earlier in mitigation measures LP -2 and LP -5. Even with mitigation, the loss of these affordable and moderately priced housing units in Santa Ana under Alternative 2 would potentially contribute to a cumulatively significant adverse impact after mitigation. This is because of the substantial demand for affordable and moderately priced housing in the City of Santa Ana and the County overall. Refer to Section 6.2.4 later in this EIR for additional discussion regarding the cumulative impacts of the Grand Avenue widening and other projects in the City of Santa Ana related to population and housing. 3.3.5 MITIGATION RELATED TO POPULATION AND HOUSING Mitigation measures LP -2 and LP -5, provided earlier, would substantially reduce the potential impacts of the proposed widening of Grand Avenue related to population and housing. No further mitigation is proposed. Refer also to Section 6.2.4 later in this EIR for discussion regarding the numerous policies in the City of Santa Ana General Plan Housing Element related to the protection and preservation of existing housing and the development of new housing in the City. 3.3.6 LEVEL OF SIGNIFICANCE AFTER MITIGATION RELATED TO POPULATION AND HOUSING Mitigation measures LP -2 and LP -5 would substantially mitigate the adverse impacts of Alternatives 1 and 2 related to population and housing. However, based on the demand for affordable and moderately priced housing and the available housing stock, the cumulative loss of residential units in the City cannot be mitigated to below a level of significance. PROJ-ENNGrand eirWew Text - GrandlSection 3 SplitlSection 3.3.doc Page 3.3-3