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Quarterly Report for Housing Division November 19, 2019 Page 7 Tiny Tim Plaza (2239 West 51h Street • Developer: Community Development Partners • Description: New construction of an affordable multifamily apartment complex consisting of 50 units of rental housing serving very -low and extremely -low income families, and 1 manager's unit. • City Funds: Inclusionary Housing ($1,300,000), Housing Successor Agency ($4,700,000) • Update: A ground -breaking ceremony was held on July 24, 2019. The contractor has completed the demolition of the existing buildings and site preparations, and is currently completing footings and foundations for the building, to be followed by construction of the podium deck. Projects in Pre -Development Crossroads at Washington (1126 and 1146 E. Washington Avenue) • Developer: Related Companies of California with A Community of Friends (ACOF) as the service provider • Description: New construction of a 100% affordable multifamily apartment complex consisting of 85 units of rental housing and 1 manager's unit. All units will be affordable to households earning less than 30% AMI of which 43 units will be set -aside for permanent supportive housing. • City Funds: HOME Investment Partnerships Program ($3,007,489), Neighborhood Stabilization Program ($963,951), sixty-two (62) year ground lease agreement for 1126 and 1146 E. Washington Avenue (Appraised Value as of Oct. 25, 2018: $3,080,000) • Update: The developer has submitted site plans for review. The City and County are in the process of preparing the master ground lease, option for ground lease, joint powers agreement (JPA) and quitclaims associated with the JPA. FX Residences. formerly Francis Xavier (801. 809. 809 % East Santa Ana Boulevard • Developer: HomeAid Orange County, Inc. with Mercy House as the service provider • Description: New construction of an affordable multifamily apartment complex consisting of 16 units of permanent supportive housing, and 1 manager's unit. • City Funds: Housing Successor Agency ($1,069,947), three (3) HUD-VASH PBVs, 99- year ground lease agreement for 801 E. Santa Ana Blvd. (Appraised Value as of Oct 25, 2018: $788,000) • Update: The developer submitted their development application to the City on September 191h for site plan review. Public outreach was then conducted leading up to the Sunshine Ordinance Meeting on October 8th, 2019. The developer has also submitted their application to the County for the Special Needs Housing Program (SNHP) funding. The project is being renamed from Francis Xavier to FX Residences. Habitat for Humanity (416 Vance Street & 826 N. Lacy Street) • Developer: Habitat for Humanity of Orange County • Description: New construction of two single-family detached homes for homeownership serving households up to 120% AMI.