Laserfiche WebLink
(INCLUSIONARY HOUSING <br />PLAN) <br />IN -LIEU FE2 CALCULATION <br />OWNERSHIP PROJECTS -1S%MODERATE INCOME INCLUSIONARY REQUIREMENT <br />SANTA ANA CALIFORNIA. <br />h 9 r Oct Oesrri to <br />A. Project Name <br />R. Projeat Address <br />Il, On.,$Iusluclualaman, Requirement <br />A. Required NulnbertfirchuSionery Unks <br />Total Prompt units <br />Inclusionary Requlremant as%o{Total Units <br />Total lnciusionaN Requirement(Round-fop( <br />a. adWelonary Unit Dktribugdn <br />Two-bedroom Units <br />Throe -bedroom UR14 <br />Four-badraam Unle, <br />Totals <br />Total Building Area (Square Peet) <br />520 S. Harbor <br />5209. Harbor <br />Required R of <br />Tatalprojad InalUslarrary <br />Unfts %afTatal Units° Uneas <br />8 $1.43% 9 <br />17 48.57% 3 <br />35 100.00% 6 <br />64.307 <br />Par Total Unit <br />Per Income lamulctnd Unit <br />The call must add up to 100%. <br />° Multiply the% of Total Units times the Total lawrWore ry Requirema ne <br />a equal to the lesser Of the defined Affordable Sales Price or 2030 less than the pro] acted Market Price. <br />a The Total in -Lieu Fee is equal to the Total Affordability Gap. <br />$15,800 <br />$92,300 <br />2G S Harbor: <br />Inclusionary Unit Requirement: 35 units x IS% = 5,25 units <br />In -Lieu Fee Calculation based on fractional Units: $9i,8@6 x 5,25 units - $484,57$ <br />Inclusionary Housing Agreement <br />City of Santa Ana April 11, 2015 <br />1603\14\1654522.2 <br />ROOPlated Pact, <br />Moderate <br />Affordability Gap/ <br />III. Affordabilltu&gn t Unie Calculation <br />Market Peak, <br />Incotnos <br />Unit <br />TV14-CUrNat Units <br />$0 <br />$0 <br />$0 <br />Thrae,badmam Ures <br />$462,Soo <br />W(LOOO <br />Msoo <br />Poonlwdmom Units <br />$40,0D9 <br />Saldhox <br />$92,000 <br />Affndatudiy <br />Incluelanary <br />Total AffordablIny <br />IV,H� arQebjlRv Uan Cn€nrlatlDe <br />Clap/Unit <br />Units <br />Terelsedraam Unl4 <br />$D <br />$0 <br />Throe -bedroom Units <br />$92,500 <br />3 <br />$277,500 <br />Four-badumed Units <br />$92,000 <br />3 <br />$276,000 <br />Total Affordability Gap <br />553,500 <br />Par Total Unit <br />Per Income lamulctnd Unit <br />The call must add up to 100%. <br />° Multiply the% of Total Units times the Total lawrWore ry Requirema ne <br />a equal to the lesser Of the defined Affordable Sales Price or 2030 less than the pro] acted Market Price. <br />a The Total in -Lieu Fee is equal to the Total Affordability Gap. <br />$15,800 <br />$92,300 <br />2G S Harbor: <br />Inclusionary Unit Requirement: 35 units x IS% = 5,25 units <br />In -Lieu Fee Calculation based on fractional Units: $9i,8@6 x 5,25 units - $484,57$ <br />Inclusionary Housing Agreement <br />City of Santa Ana April 11, 2015 <br />1603\14\1654522.2 <br />