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iWa:u:1111r►a <br />MAYOR <br />Miguel A. Pulido <br />MAYOR PRO TEM <br />Juan Villages <br />COUNCILMEMBERS <br />Cecilia Iglesias <br />David Penaloza <br />Roman Rayne <br />Vicente Sanniento <br />Jose Solorio <br />CITY OF SANTA ANA <br />SANTA ANA HOUSING AUTHORITY <br />20 Civic Center Plaza . P.O. Box 22030 <br />Santa Ana, California 92702 <br />(714)667-2200 <br />wv✓w.santa-ana.oro <br />January 15, 2019 <br />Michael Ruane <br />Executive Vice President <br />National Community Renaissance <br />9421 Haven Avenue <br />Rancho Cucamonga, CA 91730 <br />Larry Haynes <br />Executive Director <br />Mercy House Living Centers <br />CITY MANAGER <br />Raul Godinez II <br />CITY ATTORNEY <br />Sonia R. Canralho <br />CLERK OF THE COUNCIL <br />Maria D. Huizar <br />Re: Santa Ana United Methodist Church Site <br />609 N. Spurgeon Street, Santa Ana, CA 92701 <br />Pre -Commitment Letter for: Inclusionary Housing Funds Loan, Project Based <br />Vouchers <br />Dear Messrs. Ruane and Haynes: <br />National Community Renaissance of California ("National CORE") and Mercy Housing <br />Living Centers (collectively referred to as "Developer") requested financial assistance in <br />connection with the proposed development of a ninety-three (93) unit affordable housing <br />complex to be located at 609 N. Spurgeon Street, Santa Ana, CA 92701 ("Project"). <br />The City of Santa Ana ("City') and the Housing Authority of the City of Santa Ana ("Housing <br />Authority") have reviewed the Developer's request for assistance, and at the City <br />Council/Housing Authority meeting on January 15, 2019, the City Council and Housing <br />Authority Board authorized and approved issuance of this pre -commitment letter evidencing <br />the preliminary award of (collectively, the "City Assistance"): <br />- A loan in the maximum amount of $3,170,547 in inclusionary housing in -lieu fee <br />payments made pursuant to the City's Housing Opportunity Ordinance (Article <br />XVIII.I of Chapter41 of the Santa Ana Municipal Code) (the "Inclusionary Housing <br />Fund") held by the City of Santa Ana for the Project ("City Loan"); and, <br />SANTA ANA CITY COUNCIL <br />Miguel A. Pulido Juan Vilegas Vicente Saamento David Penaleza Jose Solono Roman Rayne Cecilia Iglesias <br />Mayor Mayor Pro Tam. Ward 5 Ward 1 Ward 2 Ward 3 Ward 4 Wartl 6 <br />mmlidoro?sanla-ana.am ivilieoasrrdsanta-ana.om v_earmientoRSanta-ana.oro a sa-1jeolono@santa-ana.oro na nevralsanta-anacra cialesi.aAsanlaaanaro <br />