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MAYOR <br />Miguel A. Pulido <br />MAYOR PRO TEM <br />Juan Villegas <br />COUNCILMEMBERS <br />Cecilia Iglesias <br />David Penaloza <br />Roman Reyna <br />Vicente Sarmiento <br />Jose Solorio <br />January 15, 2019 <br />CITY OF SANTA ANA <br />SANTA ANA HOUSING AUTHORITY <br />20 Civic Center Plaza • P.O. Box 22030 <br />Santa Ana, California 92702 <br />(714)667-2200 <br />w .santa-ana.om <br />Michael Ruane <br />Executive Vice President <br />National Community Renaissance <br />9421 Haven Avenue <br />Rancho Cucamonga, CA 91730 <br />Larry Haynes <br />Executive Director <br />Mercy House Living Centers <br />EXHIBIT 2 <br />CITY MANAGER <br />Raul Godinez II <br />CITY ATTORNEY <br />Sonia R. Carvalho <br />CLERK OF THE COUNCIL <br />Maria D. Huizar <br />Re: Santa Ana United Methodist Church Site <br />609 N. Spurgeon Street, Santa Ana, CA 92701 <br />Pre -Commitment Letter for: Inclusionary Housing Funds Loan, Project Based <br />Vouchers <br />Dear Messrs. Ruane and Haynes: <br />National Community Renaissance of California ("National CORE") and Mercy Housing <br />Living Centers (collectively referred to as "Developer") requested financial assistance in <br />connection with the proposed development of a ninety-three (93) unit affordable housing <br />complex to be located at 609 N. Spurgeon Street, Santa Ana, CA 92701 ("Project"). <br />The City of Santa Ana ("City') and the Housing Authority of the City of Santa Ana ("Housing <br />Authority") have reviewed the Developer's request for assistance, and at the City <br />Council/Housing Authority meeting on January 15, 2019, the City Council and Housing <br />Authority Board authorized and approved issuance of this pre -commitment letter evidencing <br />the preliminary award of (collectively, the "City Assistance"): <br />- A loan in the maximum amount of $3,170,547 in inclusionary housing in -lieu fee <br />payments made pursuant to the City's Housing Opportunity Ordinance (Article <br />XVIII.I of Chapter 41 of the Santa Ana Municipal Code) (the "Inclusionary Housing <br />Fund") held by the City of Santa Ana for the Project ("City Loan"); and, <br />SANTA ANA CITY COUNCIL <br />Miguel A Pulido Juan Villages Mcede5amtlente Davld Penalwa Jose S"Imio Roman Reyna Cecilia Iglesias <br />Mayor Mayor Pro Tem, Ward 5 Ward 1 Wad 21aan.o a Wad 3 Ward 4 Ward 6 <br />wulido(alsmlaana,om Ivilleeas0santa-ana.orc vsartnianlc(�santa-ane oro a V Isolono/asanto-ana.ore nevna(yasanta-angor" c1alesiar0santaanaom <br />