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Housing Division Quarterly Report <br />May 2, 2023 <br />Page 9 <br />3 <br />3 <br />9 <br />8 <br />Description <br />New construction of an affordable multifamily apartment development <br />consisting of 85 units of both large family and PSH units with one (1) <br />manager’s unit. Twenty-six (26) of the units will be funded by Mainstream <br />Program PBVs and Mental Health Services Act (MHSA) funds through the <br />No Place Like Home (NPLH) program. <br />City / Authority <br />Funds <br />Inclusionary Housing ($1,514,113), HOME Investment Partnerships <br />Program ($2,003,705), Rental Rehabilitation Program ($386,523), and <br />twenty-six (26) Mainstream Program PBVs <br />Update <br />Grading activities have been completed and concrete has been poured. A <br />groundbreaking ceremony was held on November 2, 2022. The project is <br />completing rough framing and roofing is set to begin in mid-April. <br />Completion of the project is anticipated in February 2024. <br />Crossroads at Washington (1126, 1136 and 1146 E Washington Avenue) <br />Developer The Related Companies of California (TRCC) with A Community of Friends <br />(ACOF) as co-developer and lead service provider <br />Description <br />New construction of a 100% affordable multifamily apartment complex <br />consisting of 85 units of rental housing and one (1) manager’s unit. All units <br />will be affordable to households earning less than 30% AMI of which 43 <br />units will be set-aside for permanent supportive housing. <br />City / Authority <br />Funds <br />HOME Investment Partnerships Program ($3,007,489), Neighborhood <br />Stabilization Program ($1,637,420), sixty-five (65) year ground lease <br />agreement for 1126, 1136 and 1146 E. Washington Avenue (Appraised <br />Value as of September 22, 2019: $4,108,136) and Fifteen (15) PBVs <br />Update Onsite wet utitlities completed. Offsite dry utilities exclusive of street lighting <br />are installed. Sheeting is finished and roofing will start in April. <br />Habitat for Humanity (826 N Lacy & 830 N Lacy Street) <br />Developer Habitat for Humanity of Orange County <br />Description New construction of two (2) single-family detached homes for <br />homeownership serving households up to 120% AMI. <br />City / Authority <br />Funds <br />Inclusionary Housing ($565,271) and a 99-year ground lease agreement for <br />416 Vance Street and 826 N. Lacy Street (Appraised Value as of Oct 25, <br />2018: $578,000) <br />Update <br />The work for the MEPS (mechanical, electrical, plumbing, and structural) <br />inspection was completed. The inspection was conducted and signed off on <br />in late March. The drywall work was also completed and passed inspection. <br />Siding is currently being installed along with decorative carpentry. Volunteer <br />opportunities continue to be offered Wednesday through Saturday <br />throughout the duration of the build. During the first quarter, there were 402 <br />unique volunteers with a total of 3,452 volunteer hours. <br />WISEPlace Permanent Supportive Housing (1411 N Broadway) <br />Developer Jamboree Housing Corporation with WISEPlace as the co-developer and <br />lead service provider <br />Description Adaptive reuse and new construction of the WISEPlace building to provide <br />48 permanent supportive housing units, and one (1) manager’s unit. <br />City / Authority <br />Funds HOME-ARP ($5,256,327); Twenty-five (25) PBVs