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EXHIBIT 1
<br />Available Funds for Affordable Housing Development Projects
<br />As of February 29, 2020
<br />Housing Successor Agency (Housing Authority)
<br />$3,755,047 Cash on Hand
<br />($85,227) First Street Apartments Loan'
<br />($24,766) First Street Apartments Project Costs
<br />($1,069,947) Frances Xavier Residence Project Pre -Commitment Loan 2
<br />($250,000) Administrative Costs Allowance 3
<br />($2,325,107) Administrative Costs Allowance for Future Fiscal Years 4
<br />($0) Available Funds
<br />Inclusionary Housing Funds
<br />$7,357,220 Cash on Hand
<br />($31,965) Santa Ana Arts Collective Project Costs'
<br />($280,000) Down Payment Assistance Program 6
<br />($21,240) Interim Emergency Homeless Shelter Agreement
<br />($3,170,547) Legacy Square Project Pre -Commitment Loan 8
<br />($231,494) Lacy Street Project Pre -Commitment Loan 9
<br />($57,635) Tiny Tim Plaza Project Costs 10
<br />($1,514,113) Westview House Project Pre -Commitment Loan "
<br />($90,000) WISEPlace' Steps to Independence Program Agreement 12
<br />($284,630) Administrative Costs Allowance (CDA/PBA)
<br />$1,675,597 Available Funds
<br />HOME Program
<br />$5,208,089 Funds to Drawdown
<br />($3,007,489) Crossroads at Washington Pre -Commitment Loan "
<br />($2,003,705) Westview House Project Pre -Commitment Loan
<br />$196,895 Available Funds to Drawdown
<br />CDBG Program (Acquisition/Rehabilitation Projects Only)
<br />$721,567 Funds to Drawdown
<br />($1,687,047) North Harbor Village Project Pre -Commitment Loan 14
<br />$0 Available Funds to Drawdown
<br />NSP Program (Abandoned, Foreclosed or Vacant Properties Only)
<br />$1,352,054 Funds to Drawdown
<br />($963,951) Crossroads at Washington Pre -Commitment Loan
<br />($96,395) Crossroads at Washington Project Costs
<br />($291,708) Transfer to CDBG in FY 20/21
<br />$0 Available Funds to Drawdown
<br />Rental Rehabilitation Grant Program
<br />$387,276 Cash on Hand 15
<br />($386,523) Westview House Project Pre -Commitment Loan 11
<br />$753 Available Funds
<br />$1,873,245 Total Available Funds
<br />1 Approved by Housing Autdortty on January 16,2013.96%of loan paid on Mamh13,201810%remaining to be paid upon completion of construction.
<br />Approved by Housing Autdortty on January 15,2019.
<br />The Housing Successor Agency relies on avdoabie cash to fund the monitoring and compliance functions related to the former Rededelopment Agencys housing loans
<br />Funds to beset aside for compliance and monitoring requirements due to uncertainty ofNtrlre repayment redounds.
<br />Protect costs only;$43M In l Cans approved by City Council paid on July'26 2017.
<br />° dead CCC originally approved by City Council on March 6, 2018 Three loans paid through end of October '2➢19.
<br />Approved by CRy CCund on September 13, 2018 Agmementwhd MCTyHouse LMgq Centers, Inc for spruces through December2619.
<br />a Approved by City Counc�Mousing Autdontty on January 15,2019.
<br />Approved by CRy Cound oJousing Autdontty on March 5, 2019.
<br />10 Probst costs only $6 OM In loans approved by City Council/Housing Authority and paid on May 2,2019.
<br />Approved by City Council on April 7,2020
<br />12 Approved by City Council on April 7,2020
<br />19C-10
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