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EXHIBIT 1 <br />Exhibit 1 <br />Available Funds for Affordable Housing Development Projects <br />As of March 31, 2017 <br />Housing Successor Agency (Housing Authority) <br />$14,602,716 Cash on Hand <br />($769,853) Reconciling amount (ROPE Projects) <br />($338,032) Habitat for Humanity Disposition and Deveioprnent Agreement <br />($250,000) Administrative Costs Allowance <br />$13,224,831 Available Funds <br />Incluslonary Housing Funds <br />$6,625,980 Cash on Hand 2 <br />($2,061,381) Santa Ana Arts Collective Pre -Commitment loan & Associated Project Costs a <br />($98,594) Adminlstrative Costs Allowance (CDAiP6A) <br />$4,466,005 Available Funds (*Excludes $9,695,725.60 anticipated from Heritage Village) <br />HOME Program <br />$2,923,410 Funds to Drawdown <br />($2,260,000) Santa Ana Arts Collective Pre -Commitment Loan <br />($332,778) Community Housing Development Organizations (CHDO) Set -Aside ° <br />$330,632 Available Funds to Drawdown <br />CDSG Program (Acquisition/Rehabilitation Projects Only) 5 <br />$1,140,000 Funds to Drawdown <br />($500,000) Santa Ana Arts Collective Pre -Commitment Loan <br />$640,000 Available Funds to Drawdown <br />$ 18,661,468 Total Available Funds <br />' The Housing successor Agency ream on Walluhle cash elfulm him monitoring and compliance (undone misted to the famer Redeveopment Aga,oys housing loans. <br />a Includes S767,600peyment from the Ventana Welkprojeat(1506W. mistreat) waived In March Y017. <br />a Predoon amount Is $1,875,D00. <br />d Th. $332,778 lnctutlea emtla currently evenehla aenoled hi The February], 2017 CItyCounca Aga,da bm=An eddittonsf$171.771.00 Is estimated lnfulure funding. <br />I NI unencumbered funds at fatal yearend are aspected to be called over to the Umuni mpdated Balance for WEIG Captlal Projects In FYI7110. <br />80A-17 <br />