1. City of Irvine Housing Program
June 5, 2015

2. Housing Overview City of Irvine Housing Strategy & Implementation Plan
Adopted in 2007
Established Vision Statement:
By the year 2025, The City of Irvine will have a full spectrum of housing types to meet the shelter needs of all income groups and special needs populations in all stages of life.
Goal of establishing 10 percent of all housing as affordable
Create nonprofit Irvine Community Land Trust

3. City Housing Policies Address housing opportunities for all residents.
Aspire to permanent affordability and disbursement of homes throughout City.
Encourage housing for extremely low-income households and persons.
Provide financial and non-financial opportunities.

4. Includes Priorities
Facilitate development of additional rental housing.
Create equity-building opportunities for first-time homebuyers by facilitating the renter-to-owner transition process and increasing the amount of for- sale affordable housing.
Partner with Irvine’s colleges and universities to create additional faculty and student housing.

5. Includes Priorities cont.
Develop housing for special needs groups (including, but not limited to, youth, seniors, single parents, developmentally disabled, SROs, supportive/transitional housing, veterans and mobile home parks).
Preserve existing affordable housing.
Reduce frequency and duration of homelessness.

6. Affordable Housing is hard to do; How is the City Succeeding?
The City works with the private development community to provide affordable housing through loan programs and development incentives.
In exchange, developers agree to set aside units that will be affordable for at least 55 years.
These programs and incentives have been very successful and many people would be surprised to know:
today there are over 3,300 affordable homes scattered throughout the City
We have hundreds of new units planned and/or under construction

7. How does Affordable housing add to the Livability of a city?
Affordable housing gives residents the chance to live within the community where they can stay close to family and work.
Reducing time on the road gives residents the opportunity to do more with their family and also with the community through participation in various organizations.
Young people starting out can move into affordable rental units, older residents who are downsizing and looking for affordable rental opportunities can stay close family and friends.

8. Irvine’s Affordable Housing is Placed in Vibrant Neighborhoods
Irvine’s Affordable Housing is Placed in Vibrant Neighborhoods. What is our Strategy?
The City requires homes to be scattered throughout neighborhoods as well as within individual projects.
The City also encourages a variety of housing to meet the needs of:
families,
single people,
the disabled and seniors.
Each affordable home is required to be built to the same high quality standard of a market rate home.

9. Inclusionary Housing Ordinance
Applies to new housing construction
Total of 15 percent must be affordable
Addresses three income groups:
Very low (50 percent of area median income)
Lower (80 percent of area median income)
Moderate (120 percent of area median income)

10. Density Bonus City Ordinance also implements state Density Bonus law:
Developers must provide percentage of units as affordable
Law requires minimum 55 years of affordability
In exchange developers get increased market rate units
May also qualify for incentives

11. Who Qualifies for Affordable Housing?
Income Category
1 Person
2 People
3 People
4 People
Extremely Low (30%)
20,250
23,150
26,050
28,900
Very Low (50%)
33,750
38,550
43,350
48,150
Lower (80%)
53,950
61,650
69,350
77,050
Median (100%)
61,050
69,750
78,500
87,200
Moderate (120%)
73,250
83,700
94,200
104,650

12. 2015 Very Low-Income Affordable Rent
Bedrooms
Gross Monthly Rental Payment
1 bedroom $
2 bedroom $
3 bedroom
$ ,090.00

13. 2015 Low-Income Affordable Rent
Bedrooms
Gross Monthly Rental Payment
1 bedroom
$ ,046.25
2 bedroom
$ ,177.50
3 bedroom
$ ,308.00

14. 2015 Moderate-Income Affordable Rent
Bedrooms
Gross Monthly Rental Payment
1 bedroom
$ ,918.13
2 bedroom
$ ,158.75
3 bedroom
$ ,398.00

15. Where is affordable housing?

17. IBC Mixed Use Areas

18. Irvine Notable Development Irvine Notable Development
Jeffrey Open Space Trail
Stonegate and Cypress Village
(adjacent) extensions
Irvine Notable Development
Pending, Approved or Under Construction
Winter 2014/2015
Irvine Notable Development
Pending, Approved or Under Construction
Winter 2014/2015
Orchard Hills
372 dwelling units
remaining entitlement 2,992 units 1
Portola Springs
231 dwelling units
remaining entitlement 2,141 units 24
Portola Springs Apts
694 dwelling units 24
Alegre Affordable Apartments
104 dwelling units
(Irvine Community Land Trust) 2
Eastwood
grading
remaining entitlement 1,900 units 25
2851 Alton
170 dwelling units 3
Stonegate
62 dwelling units
remaining entitlement 557 units 26
2801 Kelvin
381 dwelling units 4
Great Park Neighborhoods
358 dwelling units
(Pavilion Park) 27
17000 Millikan
156 dwelling units 5
17275 Derian Apts
80 dwelling units 6
remaining entitlement 8,540 units
3.31m s.f. non-residential 28 1
Pistoia Apts
371 dwelling units 7
Cypress Village
468 dwelling units
remaining entitlement 997 units 29
2501 Alton
344 dwelling units 8 24 25 26 27
Avella Apts
485 dwelling units 30
Metropolis Condominiums
457 dwelling units 9
Edwards Life Sciences
36,000 s.f. R&D Facility 10
PA 40 East Apts
536 dwelling units 31 28
Hyatt House
149 room hotel 11
OC Great Park
ALA II Plan 688 Acres 32 31
Irvine Gateway
434 dwelling units 12 2 29 30 32
Broadcom Campus
1.1 m s.f. office
remaining entitlement .9 m s.f. office 33
2525 Main
272 dwelling units 13 33
Spectrum Residential
766 dwelling units
remaining entitlement 584 units 34
Elements
1,600 dwelling units 14 37 38 34 36
360 Fusion
280 dwelling units 15 35
Los Olivos
115,000 s.f. retail
remaining entitlement 1,900 units 35
Hilton Garden Inn
170 room hotel 16 8 5 3 10
200 Spectrum Center Dr
450,000 s.f. office 36
Central Park West
40 dwelling units
remaining entitlement 597 units 17 12 40 6 7 4 15
400 Spectrum Center Dr
450,000 s.f. office 37 13 11 9
Park Place
176 room hotel
520 dwelling units,
remaining entitlement 267 units 18 22 16 39 18
Shady Creek Medical Center
157,000 s.f. office 38 17 23 21 19
Concordia University
campus improvements 39
IRWD Bio-Solid Facility 19 20 14
Campus Residential
876 dwelling units 20
Hidden Canyon
6 dwelling units
remaining entitlement 252 units 40
Milani Apts
287 dwelling units 21
Entitlement Plan
Under Construction
Main-Jamboree
388 dwelling units 22 23
Tides Hospitality Hotel
164 room hotel
Revised 2/26/2015

19. New Projects Alegre Apartments (3100 Visions Street)
104 affordable units (100%)
Alton & Millikan (16931 Millikan Avenue)
17 affordable units (Inclusionary)
Avalon Jamboree Phase III (16952 Millikan Avenue)
C&C Development (17275 Derian)
80 affordable units (100%)
Elements (2525 Campus)
70 affordable units (Inclusionary)

20. New Projects cont. Kelvin & Jamboree Partners (2801 Kelvin)
38 affordable units (Inclusionary)
Metropolis (2500 Main Street)
47 affordable units (Inclusionary)
Modera Irvine (2850 Kelvin Avenue)
20 affordable units (Inclusionary)
Solaira Senior Apartments (Ridge Valley/Irvine Blvd)
221 affordable senior (100%)
360 Fusion (17321 Murphy Avenue)
29 affordable units (Inclusionary)

21. Questions