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Quarterly Report for Housing Division <br />May 4, 2021 <br />Page 4 <br />inception, the Inclusionary Housing Fund has generated $21,510,125 to be used for the <br />development of housing affordable to low- and moderate -income households, with a <br />reasonable amount spent on administrative or related expenses associated with the <br />administration of the Housing Opportunity Ordinance. In -lieu fees generated have been <br />used to develop new affordable housing opportunities, provide emergency shelter, and <br />create homeownership opportunities. Below is a summary of how in -lieu fees have been <br />used by the City: <br />Project <br />Inclusionary Housing <br /># of Units <br />Address <br />Funds Spent <br />Santa Ana Arts <br />Collective <br />$4,775,000 <br />57 <br />1666 N. Main Street <br />Tiny Tim Plaza <br />$1,300,000 <br />50 <br />2239 West 5th Street <br />The Link Interim <br />$4,140,295 <br />N/A <br />2320 S Rcdhill Avcnuc <br />Emergency Shelter <br />TOTAL <br />$10,215,295 <br />107 <br />Project <br />Inclusionary Housing <br /># of Units <br />Address <br />Funds Committed <br />Habitat for Humanity <br />$565,271 <br />2 <br />416 Vance Street & 826 <br />Lacy & Vance" <br />N. Lacy Street <br />Westview House <br />$1,514,113 <br />84 <br />2530 and 2534 <br />Westminster Avenue <br />WISE Place Steps to <br />Independence Public <br />$90,000 <br />N/A <br />N/A <br />Service Pro ram <br />Down Payment <br />$280,000 <br />N/A <br />N/A <br />Assistance <br />TOTAL <br />$2.115.607 <br />86 <br />Affordable Housing Development Projects <br />There are Iwo (2) affordable housing projects under construction and five (5) affordable <br />housing projects in pre -development. Below are brief summaries for one (1) recently <br />completed projects and the seven (7) projects under construction / pre -development. <br />Exhibit 3 provides a development timeline for the larger development projects. <br />Projects Completed <br />Casa Querencia - fonnerly Aaua Housina (317 E. 17", Street) <br />Developer <br />Community Development Partners with Mercy House as the service provider <br />Acquisition, demolition and new construction of a former motel yielding 56 <br />Description <br />units of affordable permanent supportive housing with wrap -around <br />SUpporlive services for chronically homeless individuals and one 1 <br />City Council 7-4 5/4/2021 <br />