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Quarterly Report for Housing Division <br />August 21, 2018 <br />Page 5 <br />Santa Ana Arts Collective (1666 N. Main Street) <br />• Developer: Meta Housing Corporation <br />• Description: Acquisition, adaptive reuse and new construction project comprised of 57 affordable <br />rental units designated for professional artists of all disciplines, and 1 manager's <br />unit. Permanent supportive housing for 10 units will be funded by HHSA/SNHP <br />finds from the County of Orange. <br />• City Funds: Inclusionary Housing ($4,775,000), HOME ($2,219,760), CDBG ($500,000) <br />• Update: Significant foundation and seismic modifications are underway. <br />First Street Apartments (1440 E. First Street) <br />• Developer: AMCAL Multi -Housing, LLC. <br />• Description: Demolition and new construction of an affordable multifamily apartment complex <br />consisting of 68 units of rental housing serving very -low and extremely -low income <br />families, and 1 manager's unit. _ <br />• City Funds: Housing Successor Agency ($8,522,740), Eight (8) Project -Based Vouchers <br />• Update: Demolition completed, grading and site drainage underway. <br />Santa Ana Veterans Village (3312 W. First Street) <br />• Developer: Jamboree Housing Corporation with Step Up on Second as the service provider <br />• Description: New construction of an affordable multifamily apartment complex consisting of 75 <br />units of permanent supportive housing with wrap-around supportive services for <br />HUD -Veterans Affairs Supportive Housing (VASH) eligible homeless veterans in the <br />City of Santa Ana, and 1 manager's unit. <br />• City Funds: 75 HUD-VASH Project -Based Vouchers ( $9,790,000), HOME-CHDO ($352,963) <br />• Update: On June 13, 2018, Jamboree Housing was awarded 9% low-income housing tax <br />credits for the project. Following this award, Jamboree plans to close on their <br />financing before the end of the calendar year and break ground early next year. <br />Aqua Housing (317 E. 17th Street) <br />• Developer: <br />Community Development Partners (CDP) with Mercy House as the service provider <br />• Description: <br />Acquisition, demolition and new construction of a former motel yielding 56 units of <br />affordable permanent supportive housing with wrap-around supportive services for <br />chronically homeless individuals in the City of Santa Ana, and 1 manager's unit. <br />• City Funds: <br />56 Project -Based Vouchers ($9,237,900) <br />• Update: <br />CDP was successful in securing an award of $7,035,800 in Special Needs <br />Housing Program funds from the County of Orange and $1,941,000 in Infill <br />Infrastructure Grant Program funds from the California Department of Housing and <br />Community Development. CDP will be applying for noncompetitive 4% low income <br />housing tax credits in August 2018 and expects to close on their financing in <br />October 2018. CDP has begun reviewing full construction drawings and design with <br />the City's Planning Department <br />Tiny Tim Plaza (2223 West 5th Street) <br />• Developer: Community Development Partners. <br />• Description: New construction of an affordable multifamily apartment complex consisting of 51 <br />units of rental housing serving very -low and extremely -low income families, and 1 <br />manager's unit. <br />19H-5 <br />