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Exhibit 1
<br />Available Funds for Affordable Housing Development Projects
<br />As of September 30, 2018
<br />Housing Successor Agency (Housing Authority)
<br />$5,991,327 Cash on Hand
<br />($85,227) First Street Apartments Loan'
<br />($168,754) First Street Apartments Project Costs
<br />($4,700,000) Tiny Tim Plaza Conditional Pre -Commitment Loan 2
<br />($250,000) Habitat for Humanity Disposition and Development Agreement
<br />($250,000) Administrative Costs Allowance 3
<br />$532,601 Repayment of Loan from Successor Agency
<br />$1,069,947 Available Funds
<br />Inclusionary Housing Funds
<br />$8,783,718 Cash on Hand °
<br />($348,047) Santa Ana Arts Collective Project Costs 5
<br />($1,300,000) Tiny Tim Plaza Conditional Pre -Commitment Loan 2
<br />($483,423) Administrative Costs Allowance (CDA/PBA)
<br />($360,000) Down Payment Assistance Program 5
<br />($3,121,700) Interim Emergency Homeless Shelter Agreement 7
<br />$3,170,547 Available Funds
<br />HOME Program
<br />$3,053,929 Funds to Drawdown
<br />$3,053,929 Available Funds to Drawdown
<br />CDBG Program (Acquisition/Rehabilitation Projects Only)
<br />$1,687,047 Funds to Drawdown
<br />$1,687,047 Available Funds to Drawdown
<br />NSP Program (Abandoned, Foreclosed or Vacant Properties Only)
<br />$1,239,439 Funds to Drawdown
<br />($327,265) Administrative Costs Allowance
<br />$912,174 Available Funds to Drawdown
<br />$9,893,645 Total Available Funds
<br />1 Approved by Housing A=ority on January 16, 2018. W% of loan paid on March 13, 2016;10%remaining to be paid upon completion of construction.
<br />° Approved by City CounuVHousing Authority on June 20, 2017.
<br />° The Housing Successor Agency relies on available cash to fund Me monitoring and compliance ancgons related to to former Redevelopment Agency's housing loans.
<br />4 PR Broadstone Heritage Holdings, Phase 11 paid a-ieu fees in the amount of 53,322,129.80 in July 2018.
<br />° Project costs any; 34.81A in loans approved by City Council paid on July 26, 2017.
<br />°
<br />$400,000 originally approved by City Council on Month G. 2018. One loan paid in September 2018.
<br />Approved by CM Council on September 18, 2018. Agreement with Mercy House Elvin Centers, Inc. Only first year commitment reflected here
<br />19F-7
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