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80B. APPROVE A PRE -LOAN COMMITMENT OF $1,687,047 OF AFFORDABLE HOUSING FUNDS AND EIGHTY-NINE PROJECT -BASED VOUCHERS TO JAMBOREE HOUSING FOR THE BUDGET INN PROJECT LOCATED AT 1108 N. HARBOR BLVD. {STRATEGIC PLAN NO. 5, 3C) — Community Development Agency At its special meeting on December 19, 2018 the Community Redevelopment and Housing Commission recommended that the City Council and Housing Authority approve the recommended actions by a vote of 5:0 (Ramos and Urzua abstained). CITY COUNCIL ACTION MOTION: Authorize the City Manager and the Clerk of the Council to execute a pre -loan commitment letter with Jamboree Housing ("Jamboree") for $1,687,047 in Community Development Block Grant (CDBG) Funds for the development of the Budget Inn affordable housing project located at 1108 N Harbor Blvd, Santa Ana, CA 92703, subject to non -substantive changes approved by the City Manager and City Attorney. HOUSING AUTHORITY ACTION MOTION: Approve an award of eighty-nine (89) project -based vouchers and authorize the Executive Director of the Housing Authority and the Recording Secretary to execute an Agreement to Enter into a Project - Based Vouchers Housing Assistance Payments Contract with Jamboree for the development of the Budget Inn affordable housing project located at 1108 N Harbor Blvd, Santa Ana, CA 92703, subject to non -substantive changes approved by the Executive Director of the Housing Authority and Authority General Counsel. MOTION: Solorio VOTE: AYES: ABSTAIN: ABSENT: * Ward 4 representative vacant. SECOND: Villegas Iglesias, Penaloza, Solorio, Villegas (4) None (0) None (0) Pulido, Sarmiento (2) CITY COUNCIL MEETING RECESSED AT 9:15 P.M. AND CONVENED THE HOUSING AUTHORITY MEETING. CITY COUNCIL MEETING RECONVENED TO THE CITY COUNCIL MEETING AT 9:16 P.M CITY COUNCIL MINUTES 27 MARCH 5, 2019 1OA-27