WASHINGTON SANTA ANA HOUSING PARTNERS, L.P

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The Crossroads at Washington Prepared March 11, 2022 Washington Santa Ana Housing Partners, L.P. Project Description Narrative Overview/Current Use of Prover The proposed project, The Crossroads at Washington, (the "Project") will be located at 1136 & 1146 E. Washington Avenue, Santa Ana, CA 92701 (the "Property"). The 2.29 acre site includes two (2) parcels that will be merged into one (1) parcel prior to the completion of construction. The current APNs associated with the Project are APN 398-092-014 ("North Parcel") and APN 398-092-013 ("South Parcel'). The Property is currently vacant and underutilized. The immediate perimeter of the site is bounded by the Santa Ana Freeway to the north and east, light industrial use buildings to the west, and Santa Ana Boulevard to the south. Along with environmental remediation activities to prepare the site for its intended use, there is an asphalt pad on the site that will be removed in order to begin construction. Ownership and Convevance of Land The North Parcel is currently owned by the Housing Authority of the City of Santa Ana ("Agency"), while the South Parcel is owned by the County of Orange ("County"). The parcels will be merged into one parcel and co -owned by both the Housing Authority of the City of Santa Ana and the County of Orange as Tenants -in -Common. Washington Santa Ana Housing Partners, L.P. (the "Partnership") entered into an Option Agreement with the Housing Authority of the City of Santa Ana and County of Orange on February 25, 2020. Upon satisfactorily meeting conditions to the Option Agreement, the site will be leased to the Partnership for a period of sixty-two (62) years from the date of the Certificate of Occupancy, not to exceed sixty-five (65) years from the date of execution of the Ground Lease. Desian Description and Proiect Characteristics The Project is an eighty-six (86) unit, affordable housing project with forty-three (43) units dedicated for permanent supportive housing and one (1) unit dedicated as Manager's unit. Of the forty-three (43) permanent supportive housing units, twenty (20) will be set aside for Mental Health Services Act ("MHSA") tenants. The breakdown of the bedroom types are sixteen (16) studio units, twenty-six (26) one -bedroom units, twenty-two (22) two -bedroom units, seventeen (17) three -bedroom units, and five (5) four -bedroom units. Its purpose is to provide housing to families with incomes at thirty percent (30%) of the Area Median Income ("AMP), and to special needs populations with incomes at or below thirty percent (30%) of AMI. Tucked away in Santa Ana's historic "Logan neighborhood," the Project is designed in accordance with the architectural legacy of Santa Ana and the City's Transit Zoning Code (SD 84 Specific Plan) and will incorporate a Mission Revival architectural design style. The Project is designed as Type VA construction with two (2) buildings. Building 1 (1136 E