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Amendment to HOME Loan Agreement for the Santa Ana Veterans Village <br />July 16, 2019 <br />Page 4 <br />that are currently underutilized or vacant for mixed -use residential projects), and Strategy C <br />(Provide that Santa Ana residents, employees, artists and veterans receive priority for affordable <br />housing created under the City's Housing Opportunity Ordinance or with City funding to the <br />extent allowed under state law). <br />FISCAL IMPACT <br />Funds for the HOME Program loan amendment will be carried forward from prior year for <br />expenditure in FY 2019-20 as follows: <br />Accounting Unit <br />Accounting Unit, <br />Fiscal Year <br />_ Account # <br />Fund Description <br />Account <br />Amount <br />Description <br />HOME Program <br />FY19-20 July <br />13018780-69152 <br />Federal Fund <br />Loans & Grants <br />$124,383 <br />Grant Year 2014 <br />Total Loan Amount <br />$124,383 <br />Steven A. Mendoza <br />Executive Director <br />Community Development Agency <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br />Kathryn Downs, CPA <br />Executive Director <br />Finance and Management Services Agency <br />Exhibits: 1. Letter from HUD Regarding Expiring Funds <br />2. HUD's HOME Expiring Funds Report as of January 31, 2019 <br />3. Proposal from Jamboree Housing Corporation <br />4. Amendment to HOME Investment Partnerships Program Loan Agreement <br />5. Subsidy Layering Analysis by Keyser Marston Associates <br />25B-4 <br />