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80A - HOUSING AND SUBORDINATION LOANS
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09/17/2019
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80A - HOUSING AND SUBORDINATION LOANS
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Last modified
9/12/2019 6:11:12 PM
Creation date
9/12/2019 5:58:33 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
80A
Date
9/17/2019
Destruction Year
2024
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EXHIBIT 5 <br />"Improvements" shall mean a 126-unit low income apartment complex, together with related <br />appurtenances now or hereafter located on the Property. <br />"Partnership Agreement" shall mean that certain N[Agreement of Limited Partnershipy// of <br />Borrower dated September _, 2019, as the same has been or may be amended from time to time. <br />"Property" shall mean certain real property located In the City of Santa Ana, County of Orange, <br />State of California, as more particularly described in the Deed of Trust. <br />"Project° shall mean the Property and the Improvements. <br />"Tax Credit Investor" shall mean <br />"Tax Credits" shall mean low income housing tax credits allocated under Section 42 of the Internal <br />Revenue Code of 1986, as amended, pursuant to the terms of the Tax Credit Allocation Documents. <br />"Tax Credit Allocation Documents" shall mean the Tax Credit Application, the Preliminary <br />Reservation, the Final Reservation and such other documents as have or may be Issued by the Allocation <br />Committee from time to time with respect to the Tax Credits. <br />"Tax Credit Application" shall mean the 20_ Low -Income Housing Tax Credit Application <br />submitted to the Allocation Committee to apply for Tax Credits with respect to the Project. <br />Borrower's address for purposes of notices is as follows:. <br />Cornerstone Housing Partners LP <br />c/o Jamboree Housing Corporation <br />17701 Cowan Avenue, Suite 200 <br />Irvine, Californla 92614 <br />Attention: Laura Archuleta <br />Tax Credit Investor's address for purposes of notices Is as follows: <br />Attention: _ <br />Telephone No.: <br />Telecopier No.: <br />General Partner(s)' address for purposes of notices Is as follows: <br />JHC-Cornerstone II, LLC <br />c/o Jamboree Housing Corporation <br />17701 Cowan Avenue, Suite 200 <br />Irvine, California 92614 <br />Attention: Laura Archuleta <br />Governmental Lender's address for purposes of notices Is as follows: <br />California Municipal Finance Authority <br />2111 Palomar Road, Suite 320 <br />Carlsbad, California 92011 <br />Attention: John P. Stoecker, Finance Advisor <br />48259439-0424v.3 OD96250-000020 <br />Icomemtom] <br />80A-282 <br />
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