General Plan - Moreno Valley

CHAPTER 8 – HOUSINGMORENO VALLEY GENERAL PLANTABLE 8-21 Cont’d.City of Moreno ValleyLow-Income Housing Development PotentialZoning Designation Density (Units/Acre) Vacant in AcresNumber ofUnits 1APN 477140005 18.72APN 481090023 .09Total R5 3 43 174Total Acres Vacant 232Total Unit Potential 1,8911 Units are calculated at 80% of the total density capacity and reflect historical development patterns in the city.2Includes parcels outside the redevelopment area not included in the 2004 inventory.3Moreno Valley Field Station Specific Plan 218, October 1998, Section VIII, Land Use Plan VIII p.56.4 Several parcels included in the 2004 inventory have been developed, thus they have been removed from this 2/06inventory.* Denotes adjacent parcels that could be assembled for development.**Denotes adjacent parcels under one owner.In the current planning period, the City hasexceeded its low-income RHNArequirement by 330 units as noted in Table8-19. There is sufficient, appropriatelyzoned land to accommodate future need inthe low-income housing category.8.4.6 Moderate-Income HousingDevelopment PotentialThe inventory for moderate-income housingis comprised of equal parts R-5 vacantacreage and vacant acreage in SpecificPlans. The methodology for calculating themoderate income acreage is based onhistorical development trends in the R-5neighborhoods and Specific Plan areas,current prices and prevailing developmenttrends such as square footage andamenities of housing product.In the current planning period, the city hasexceeded its moderate-income RHNArequirements by 1,860 units as shown inTable 8-19. As shown in Table 8-22 a totalof 213 of the 428 vacant acres are zoned formulti-family housing with the balance of 215acres zoned for single-family housing.Combined, the total potential yield could be3,859 units affordable to moderate-incomehouseholds. 31Page 8-39 July 11, 2006