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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 />Scott Larson <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 />www.santa-ana.org <br />Executive Director <br />HomeAid Orange County <br />24 Executive Park, Suite 100 <br />Irvine, CA 92614 <br />Larry Haynes <br />Executive Director <br />Mercy House Living Centers <br />Re: Francis Xavier Residence <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 />801, 809, and 809'/2 East Santa Ana Boulevard, Santa Ana, CA 92701 <br />Pre -Commitment Letter for: LMIHAF Loan, Project Based Vouchers, and Lease <br />Agreement <br />Dear Messrs. Larson and Haynes: <br />HomeAid Orange County and Mercy Housing Living Centers ("Developer") requested <br />financial assistance in connection with the proposed development of a twelve (12) unit <br />affordable housing complex to be located at 801, 809, and 809'/2 East Santa Ana Boulevard, <br />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 Housing Authority Board <br />authorized and approved issuance of this pre -commitment letter evidencing the preliminary <br />award of (collectively, the "Agency Assistance"): <br />- A loan in the maximum amount of $1,069,947.00 from the Low and Moderate <br />Income Housing Asset Fund ("LMIHAF") held by the Housing Authority of the City <br />of Santa Ana acting as the Housing Successor Agency ("Agency") for the Project <br />("Agency Loan"); <br />SANTA ANA CITY COUNCIL <br />Miguel A. Pulido <br />Juan Villegas Vicente Sarmiento David Penaloza Jose Solorio Roman Reyna Cecilia Iglesias <br />Mayor <br />Mayor Pro Tem, Ward 5 Ward 1 Ward 2 Ward 3 Ward 4 Ward 6 <br />moUlidO(cilsanta-anaAfq <br />IVillegaSCa�Santa-ana.Orq VSarmientOnG.Santa-ana.Orq d e )Za ta-ana.Or isolorio Cl_santa-ana.orq rreynanGsanta-ana.orq ciglesiasnGsanta-ana.org <br />