Saticoy & Wells Community Plan & Development ... - City Of Ventura

Saticoy & Wells Community Plan and Code EIRSection 4.12 Population and Housingproposed Project would add an estimated 1,833 dwelling units to the Project Area by 2025.Based on a rate of 2.571 persons per unit, this would add an estimated 4,713 residents to theProject Area (see Table 4.12-3). When added to current estimates of population and housing,such growth would bring citywide totals to just over 44,000 housing units and a population ofjust under 113,000. As noted in Table 4.12-3, this is within SCAG’s 2025 forecasts for Ventura(these totals are also within SCAG’s 2015 forecasts). In addition, the housing and populationgrowth forecasts for the Project Area are within that anticipated in the 2005 General Plan.Therefore, project impacts relating to population and housing growth would be less thansignificant.Table 4.12-3Project Projected Growth Compared to SCAG ForecastsUnitsProjected Housing and Population GrowthRateProject AreaGrowthProject AreaGrowth PlusCurrent CitySCAG 2025ForecastsHousing 1,833 du N/A 1,833 44,240 48,665Population1,833 dudu = dwelling unitaData from Table 4.12-12.571 4,713persons/du a persons112,974 127,032Mitigation Measures. Mitigation is not required.Significance after Mitigation. Impacts would be less than significant withoutmitigation.Impact PH-2Development facilitated by the Project would accommodate anestimated 2.87 housing units per job. This would help tobalance the jobs/housing ratio in the City, which is currentlyjobs rich. Therefore, impacts would be Class III, less thansignificant.As indicated in Section 4.12.1, the current jobs/housing ratio in Ventura is 1.58:1, whichindicates a “jobs rich” condition (“balanced” is generally between 1.1 and 1.34 jobs per housingunit). Development facilitated by the Project would add an estimated 639 jobs and 1,833housing units (see Table 4.12-4). This represents a Project Area jobs/housing ratio of 0.35:1.When added to the current citywide estimates of jobs and housing, these totals would reducethe citywide jobs/housing ratio from 1.58:1 to about 1.51:1. This would move the City toward a“balanced” range of 1.0 to 1.34 jobs per housing units, thus improving the citywidejobs/housing balance. Consequently, impacts relating to jobs/housing balance would be lessthan significant.4.12-3City of Ventura