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protects the former redevelopment agency's investment of moneys from the Low and <br />Moderate Income Housing Fund pursuant to Section 33334.3(f). <br />This Report is to be provided to the Housing Successor's governing body by December 31, <br />2018. In addition, this Report and the former redevelopment agency's pre -dissolution <br />Implementation Plans are to be made available to the public on the City's website <br />(https://www.santa-ana.orq/cd/oversight-board.) <br />AMOUNT DEPOSITED INTO LMIHAF <br />A total of $540,960 was deposited into the LMIHAF during the Fiscal Year. Of the total funds <br />deposited into the LMIHAF, a total of $0 was held for items listed on the ROPS. <br />II. ENDING BALANCE OF LMIHAF <br />At the close of the Fiscal Year, the ending balance in the LMIHAF was $5,958,193 of which <br />$250,000 is held for items listed on the ROPS. <br />III. DESCRIPTION OF EXPENDITURES FROM LMIHAF <br />The following is a description of expenditures from the LMIHAF by category: <br />751 ' <br />I Homeless Prevention and Rapid Rehousing Services Expenditures $ 0 1 <br />Housing Development Expenditures <br />➢ Expenditures on Low Income Units $ 10,848 <br />➢ Expenditures on Very -Low Income Units $ 0 <br />➢ Expenditures on Extremely -Low Income Units $ 0 <br />Total LMIHAF Expenditures in Fiscal Year <br />' The independent financial audit of the LMIHAF includes an additional $6,638,677 for bad debt <br />expenses for loans receivable, for a total expenditure of $6,803,428. <br />2 Including the additional item from footnote 1 above, the total LMIHAF per the audit is $6,814,276. <br />HOUSING AUTHORITY OF THE CITY OF SANTA /80AZ57/18 Page 3 <br />