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Exhibit 1 <br />Available Funds for Affordable Housing Development Projects <br />As of May 31, 2018 <br />Housing Successor Agency (Housing Authority) <br />$5,608,197 Cash on Hand <br />($85,227) First Street Apartments Loan ' <br />($170,395) First Street Apartments Project Costs <br />($4,700,000) Tiny Tim Plaza Conditional Pre -Commitment Loan 2 <br />($273,804) Habitat for Humanity Disposition and Development Agreement <br />($250,000) Administrative Costs Allowance a <br />$128,771 Available Funds <br />Inclusionary Housing Funds <br />$5,566,097 Cash on Hand" <br />($466,859) Santa Ana Arts Collective Project Costs 5 <br />($1,300,000) Tiny Tim Plaza Conditional Pre -Commitment Loan 2 <br />($243,361) Administrative Costs Allowance (CDA/PBA) <br />($400,000) Down Payment Assistance Program B <br />$3,155,877 Available Funds <br />HOME Program <br />$1,845,383 Funds to Drawdown <br />($352,963) Santa Ana Veterans Village Pre -Commitment Loan <br />$1,492,420 Available Funds to Drawdown <br />CDBG Program (Acquisition/Rehabilitation Projects Only) <br />$974,191 Funds to Drawdown <br />$974,191 Available Funds to Drawdown <br />$5,751,258 Total Available Funds <br />t Approved by Housing Authority on January 16, 2018. 90%of loan paid on March 13, 2018; 10% remaining to be paid upon completlan of construction. <br />2 Approved by City CoundMousing Authority on June 20, 2017. <br />e The Housing Successor Agency relies an available cash to fund the monitoring and compliance functions related to the farmer Redevelopment <br />Agency's housing loans. <br />4 PR Broadshme Heritage Holdings, Phase l paidiMieu fees in die amount of$2,712,304.10 in November 2017. <br />s Project costs only; $4.8101 in loans approved by City Council paid on July 26, 2017. <br />e Approved by City Council on March 6, 2018 <br />' Approved by City Council on February 7, 2017. Loan agreement to be approved by City Coundl on August 21, 2018. <br />19H-7 <br />