2022-002 HA - Laserfiche WebLink

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RESOLUTION NO. 2022-002 A RESOLUTION OF THE HOUSING AUTHORITY OF THE CITY OF SANTA ANA APPROVING THE GROUND LEASE OF THE HOUSING AUTHORITY OWNED PROPERTY AT 1126, 1136, & 1146 EAST WASHINGTON AVENUE, SANTA ANA, CA 92701 (APNs 398-092-14 & 398-092-13) BE IT RESOLVED BY THE MEMBERS OF THE HOUSING AUTHORITY OF THE CITY OF SANTA ANA, AS FOLLOWS: Section 1. The Housing Authority of the City of Santa Ana conclusively finds, determines and declares as follows: A. The Housing Authority of the City of Santa Ana ("Authority") is a California housing authority duly organized and existing under the California Housing Authorities Law, Part 2 of Division 24, Section 34200, et seq., of the Health and Safety Code, and has been authorized to transact business and exercise the power of a California housing authority pursuant to action of the City Council of the City of Santa Ana ("City Council"). B. The City of Santa Ana ("City") is a California municipal corporation and charter city. C. The Authority serves as the Housing Successor to the former Community Redevelopment Agency of the City ("Former Redevelopment Agency"). D. In 2007, the Former Redevelopment Agency used Low and Moderate Income Housing Asset Funds, also known as Property Tax Increment Housing Set -Aside funds ("Set -Aside Funds") to purchase that certain real property located at 1126, 1136, & 1146 East Washington Avenue, Santa Ana, CA 92701 (APNs 398-092-14 & 398-092-13) ("Authority Site"). E. The County of Orange ("County") owns an adjacent property to the south of the Authority Site ("County Site"). The County and Authority have executed a Joint Powers Agreement to provide a combined Authority Site and County Site (collectively, "Site') totaling approximately 2.28 acres of undeveloped land. The Related Companies of California ("Developer") has proposed the development of The Crossroads at Washington multifamily affordable housing project on the Site, which will have 85 new affordable units and 1 manager's unit, with 42 three- and four -bedroom units for large families, and 43 one- and two -bedroom affordable units for persons experiencing homelessness ("Project"). All of the affordable units in the Project will be for extremely low-income households at 30% Area Median Income. G. To effectuate the development of the Project on the Site, the Authority and County propose to enter into a ground lease with Washington Santa Ana Housing Partners, Resolution No. 2022-002 Page 1 of 4