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REQUEST FOR COUNCIL/ <br />HOUSING AUTHORITY l <br />ACTION <br />CITY COUNCIL MEETING DATE: <br />NOVEMBER 17, 2020 <br />TITLE: <br />APPROVE A CONDITIONAL GRANT <br />AGREEMENT, 99-YEAR GROUND LEASES, <br />AND AFFORDABILITY AND MAINTENANCE <br />RESTRICTIONS WITH HABITAT FOR <br />HUMANITY OF ORANGE COUNTY FOR THE <br />DEVELOPMENT OF THE LACY STREET <br />PROJECT <br />(NON -GENERAL FUND) <br />CLERK OF COUNCIL USE ONLY: <br />153001107iffill <br />❑ <br />As Recommended <br />❑ <br />As Amended <br />❑ <br />Ordinance on 1s' Reading <br />❑ <br />Ordinance on 2od Reading <br />❑ <br />Implementing Resolution <br />❑ <br />Set Public Hearing For <br />CONTINUED TO <br />/s/ Kristine Ridge /s/ Kristine Ridge FILE NUMBER <br />CITY MANAGER EXECUTIVE DIRECTOR <br />RECOMMENDED ACTION <br />CITY COUNCIL <br />Authorize the City Manager to execute a Conditional Grant Agreement (instead of a loan <br />agreement as originally approved) with Habitat for Humanity of Orange County for $231,494 in <br />Inclusionary Housing Funds for the development of the Lacy Street affordable housing project <br />located at 826 N Lacy Street (APN 398-041-22) and 416 Vance Street (APN 398-041-22), subject <br />to non -substantive changes approved by the City Manager and City Attorney. <br />HOUSING AUTHORITY <br />1. Authorize the Executive Director of the Housing Authority to execute two Affordability and <br />Maintenance Restrictions Agreements for the development of the Lacy Street affordable <br />housing project located at 826 N Lacy Street (APN 398-041-22) and 416 Vance Street (APN <br />398-041-22), only differentiated by the address, subject to non -substantive changes approved <br />by the Executive Director of the Housing Authority and Authority General Counsel. <br />2. Authorize the Executive Director of the Housing Authority to execute two 99-year Ground <br />Leases for the development of the Lacy Street affordable housing project located at 826 N Lacy <br />Street (APN 398-041-22) and 416 Vance Street (APN 398-041-22), only differentiated by the <br />address, subject to non -substantive changes approved by the Executive Director of the Housing <br />Authority and Authority General Counsel. <br />DISCUSSION <br />On June 19, 2018, the City Council authorized the Community Development Agency to issue a <br />Request for Proposals (RFP # 18-056) to develop affordable rental and ownership project(s) in the <br />City of Santa Ana with available affordable housing funds. The RFP also included two land assets <br />currently owned by the Housing Authority of the City of Santa Ana at 826 N Lacy Street and 416 <br />Vance Street. The RFP was drafted in compliance with the City's Affordable Housing Funds <br />Policies and Procedures and it was issued on July 1, 2018. <br />80A-1 <br />