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EXHIBIT 1 <br />MAYOR <br />Miguel A. Pulido <br />MAYOR PRO TEM <br />Juan Villages <br />COUNCILMEMBERS <br />Cecilia Iglesias <br />David Penaloza <br />Vicente Sarmiento <br />Jose Solodo <br />CITY OF SANTA ANA <br />COMMUNITY DEVELOPMENT AGENCY <br />20 Civic Center Plaza M-25 • P.O. Box 1988 <br />Santa Ana, California 92702 <br />(714) 647-5360 <br />w .santa-ana.om <br />June 18, 2019 <br />Liane Takano <br />Southern California Director <br />The Related Companies of California <br />18201 Von Karman Avenue, Suite 900 <br />Irvine, CA 92612 <br />Dora Leong Gallo <br />Chief Executive Officer <br />A Community of Friends <br />3701 Wilshire Blvd., Suite 700 <br />Los Angeles, CA 90010 <br />CITY MANAGER <br />Kristine Ridge <br />CITY ATTORNEY <br />Sonia R. Carvalho <br />ACTING CLERK OF THE COUNCIL <br />Norma Mitre -Ramirez <br />Re: Crossroads at Washington <br />1126 and 1146 E. Washington Avenue, Santa Ana, CA 92701 <br />Pre -Commitment Letter for: NSP Loan, HOME Loan, and Lease Agreement <br />Dear Ms. Takano and Ms. Gallo, <br />The Related Companies of California and A Community of Friends (collectively referred to <br />as the "Developer") requested financial assistance in connection with the proposed <br />development of an eighty-six (86) unit affordable housing complex, with eighty-five (85) units <br />restricted to extremely -low income households, to be located at 1126 and 1146 E. <br />Washington Avenue, Santa Ana, CA 92701 (APNs 398-092-13 and 398-092-14) ("Project'). <br />The site consists of two adjacent parcels. The Housing Authority of the City of Santa Ana <br />("Housing Authority') owns one parcel at 1126 E. Washington Ave. (APN 398-092-14) <br />totaling approximately 1.43 acres of land area ("Housing Authority Parcel"). The County of <br />Orange ("County") owns an adjacent parcel (APN 398-092-13) totaling approximately .85 <br />acres of land area ("County Parcel"). The Housing Authority and County will work together <br />to merge their respective parcels with joint ownership for purposes of master leasing the <br />parcels to the Developer to construct the Project over a single parcel ("Property'). <br />Foorlimp <br />