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(4) The provision of interim loan funds for any of the above purposes prior to the funding of a public <br />or private loan. Eligible development costs for the above uses include, but are not necessarily <br />limited to: <br />a. site acquisition and preparation; <br />b. rehabilitation of dwelling units, common areas and related structures; <br />c. new construction; <br />d. carrying charges and financing fees; <br />e. architectural, legal, and organizational fees; <br />f. temporary or permanent tenant relocation costs; and <br />g. developer fees consistent with the policies described in Section IV below. <br />Please refer to the Affordable Housing Funds Policies and Procedures adopted by City Council on March <br />20, 2018 for more information. <br />As of the date of issuance, the Available Funds for this,RFP will be as follows, subject to change: <br />• Low and Moderate Income Housing Asset Fund (Housing Successor Agency Fund): <br />o $901,317 <br />• HOME Investment Partnerships Program (HOME): <br />o $2,470,651 1,' <br />• $384,573 of the total funds.above must be expended by August 31, 2018 <br />• Community Development Block Grant Program (CUBG): <br />o $1,534,129 <br />• Project -Based Voucher Program (PBV): <br />o 100 Housing and Urban Development (HUD) Veterans Affairs Supportive Housing <br />Vouchers <br />• Neighborhood Stabilization Program (NSP): <br />o $1,239,599.00 ` <br />Land Assets Owned by the Housing Authority: <br />The Housing -Authority of the City of -Santa Ana acting as the Housing Successor Agency (Authority) is <br />also issuing this RFP for the development•of land currently held by the Authority within the City of Santa <br />Ana. The proposed development of the properties would be solely for the development of affordable <br />housirig. The land assets will be awarded under a 99 -year ground -lease option. <br />The Land Assets owned by'the Housing.Authority and available for development under this RFP <br />is as follows: . <br />(1) 302 E. Twenty -Second Street <br />a. APN¢,,003-122-25 <br />b. Lot Siie: 27;817sf <br />c. Current Zoning: R1 <br />d. Parcel was purchased using Low and Moderate Income Housing Asset Fund - 20% <br />Set Aside <br />e. Previous Use: Purchased from Cal Trans. It was a remnant parcel from the freeway <br />widening project. The site was vacant and undeveloped at the time it was acquired. <br />(2) 801, 809 & 809 % E. Santa Ana Blvd <br />a. APN: 398-303-04 / 398-303-05 / 398-303-06 / 398-303-07 <br />b. Lot Size: 15,OOOsf <br />c. Current Zoning: SD84 <br />City of Santa Ana Community Development Agency <br />Request for Proposals for Affordable Housing Development <br />Page 5 <br />1901-9 <br />