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Quarterly Report for Housing Division Projects and Activities <br /> May 3, 2022 <br /> Page 6 <br /> community center building; grading of existing parking lot; fire sprinkler <br /> demolition; removal of existing insulation; removal of CMU wall; sewer work <br /> is done offsite; driveway entrance, framing and shoring and underground <br /> utilites are complete. There have been some construction delays so the new <br /> estimated completion date is December 2022. <br /> Projects in Pre-Development <br /> Crossroads at Washington (1126, 1136 and 1146 E Washington Avenue) <br /> Developer Related Companies of California with A Community of Friends (ACOF) as co- <br /> developer and lead service provider <br /> New construction of a 100-percent affordable multifamily apartment complex <br /> Description consisting of 85 units of rental housing and one manager's unit. All units will <br /> be affordable to households earning less than 30 percent AMI, of which 43 <br /> units will be set aside for permanent supportive housing. <br /> HOME Investment Partnerships Program ($3,007,489), Neighborhood <br /> City /Authority Stabilization Program ($1,297,693), 65-year ground lease agreement for <br /> Funds 1126, 1136 and 1146 E Washington Avenue (Appraised Value as of <br /> September 22, 2019: $4,108,136) Seven Project-Based Vouchers PBVs <br /> The Developer continues to work with the City, County, and the California <br /> Department of Toxic Substances Control (DTSC) on supplemental <br /> environmental investigations. The City, County, and DTSC entered into a <br /> Standard Voluntary Agreement for further agency oversight. DTSC approved <br /> the draft Removal Action Workplan on March 28, 2022 and is currently <br /> reviewing the Removal Implementation Plan which is required for the start of <br /> Update remediation activities. Remediation/Cleanup is expected to start after <br /> approval of the Removal Implementation Plan and execution of two <br /> Agreements to enter into a Housing Assistance Payments Contract with the <br /> Housing Authority of the City of Santa Ana and Orange County Housing <br /> Authority. With the help of the Developer, the Housing Authority and County <br /> will be submitting the full application for DTSC's Equitable Community <br /> Revitalization Grant (ECRG) program in April 2022. <br /> FX Residences (801, 809, 809 % East Santa Ana Boulevard) <br /> Developer HomeAid Orange County, Inc. with Mercy House as the service provider <br /> Description New construction of an affordable multifamily apartment complex consisting <br /> of 16 units of permanent supportive housing, and one manager's unit. <br /> City /Authority Housing Successor Agency ($1,656,947), three PBVs, 99-year ground lease <br /> Funds agreement for 801 E Santa Ana Boulevard (Appraised Value as of Oct. 25, <br /> 2018: $788,000) <br /> On December 7, 2021, the City Council approved an additional $587,000 from <br /> its Low and Moderate Income Housing Assets Fund due to an unanticipated <br /> increase in construction costs for the project. City Council also approved the <br /> Update project's Loan Agreement, 99-Year Ground Lease, Density Bonus <br /> Agreement, and Development Impact Fee Deferral Agreement. HomeAid <br /> Orange County submitted for the first grading plan check in November <br /> of 2021 and for the first building plan check in February of 2022. There <br /> City Council 16 — 6 5/3/2022 <br />