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Agenda Packet_2023-05-02
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Agenda Packet_2023-05-02
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Agenda Packet
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5/2/2023
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Community Development Agency <br />www.santa-ana.org/community-development <br />Item # 7 <br />City of Santa Ana <br />20 Civic Center Plaza, Santa Ana, CA 92701 <br /> Staff Report <br />May 2, 2023 <br />TOPIC: Housing Division Quarterly Report <br />AGENDA TITLE: <br />Quarterly Report for Housing Division Projects and Activities for the Period of January 1, <br />2023 to March 31, 2023 <br />RECOMMENDED ACTION <br />Receive and file the Quarterly Report for Housing Division Projects and Activities for the <br />period of January 1, 2023 to March 31, 2023. <br />DISCUSSION <br />This report for the quarter ending on March 31, 2023 provides information for all of the <br />affordable housing projects and activities for the City’s Housing Division. The report is <br />divided into seven sections: Loan Activity, Loan Portfolio Management and Monitoring, <br />Density Bonus Housing Agreements, Development Impact Fee Deferral Agreements, <br />Rent Stabilization, Affordable Housing Funds and Commitments, and Development <br />Projects. <br />Loan Activity <br />Applications <br />The Housing Division offers several different programs including down payment <br />assistance for first-time homebuyers and rehabilitation grants for mobile homes and <br />single-family homes. Inquiries are received from the public and applications are mailed <br />out, received, and approved for these programs on a continual basis. Table 1 shows the <br />number of inquiries and applications sent out, received, and approved by type for the <br />quarter and for the total fiscal year: <br />Table 1: Applications Sent Out, Received & Approved <br />Inquiries Applications <br />Sent Out <br />Applications <br />Received <br />Applications <br />ApprovedProgram <br />Q3 Total <br />FY Q3 Total <br />FY Q3 Total <br />FY Q3 Total <br />FY <br />Residential Rehabilitation <br />Grant Program 0 80 0 50 0 25 1 15 <br />Homeownership / Down <br />Payment Assistance <br />Program <br />27 123 27 123 9 17 5 11 <br /> <br /> <br />City Council 7 – 1 5/2/2023
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