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Santa Ana, California, subject to non-substantive changes approved bythe Executive Director <br />and Authority General Counsel. <br /> <br />2.Authorize the Executive Director of the Housing Authority to execute a Subordination <br />Agreement with MUFG Union Bank, N.A., for the Housing Authority’s Amended and <br />Restated Housing Successor Agency Loan Agreement with Cornerstone Housing Partners LP <br />(c/o Jamboree Housing Corporation), subject to non-substantive changes approved by the <br />Executive Director and Authority General Counsel. <br />CITY COUNCIL <br /> <br />1.Authorize the City Manager to execute an Amended and Restated Loan Agreement with <br />Cornerstone Housing Partners LP (c/o Jamboree Housing Corporation) for $5,128,152 in <br />HOME Investment Partnerships Program (HOME) funds by consolidating and replacing ten <br />existing HOME Program loans in order to rehabilitate 126 units of existing affordable housing <br />at 805, 810, 815, 816, 825, 828, 835, and 904 S. Minnie Street, Santa Ana, California, subject to <br />non-substantive changes approved by the City Manager and City Attorney. <br /> <br />2.Authorize the City Manager to execute a Subordination Agreement with MUFG Union Bank, <br />N.A., for the City’s Amended and Restated HOME Loan Agreement with Cornerstone <br />Housing Partners LP (c/o Jamboree Housing Corporation), subject to non-substantive <br />changes approved by the City Manager and City Attorney. <br /> <br />*** ENDOFBUSINESS CALENDAR *** <br />COMMENTS <br /> <br />3.HOUSING AUTHORITY MEMBERCOMMENTS <br /> <br />AT THIS TIME Housing Authority members may comment on non-agendamatters andask questions <br />of or give directions to staff. NO action may be taken on non-agendaitems unlessauthorized bylaw. <br /> <br /> <br />ADJOURNMENT <br />HOUSING AUTHORITY AGENDA 4 SEPTEMBER 17, 2019 <br />