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:z :::::, <br />MAYOR <br />Vicente Sarmiento <br />MAYOR PRO TEM <br />Phil Bacerra <br />COUNCILMEMBERS <br />Johnathan Ryan Hernandez <br />Jessie Lopez <br />Nelida Mendoza <br />David Penaloza <br />Thai Viet Phan <br />A-2022 -130 <br />CITY MANAGER <br />Kristine Ridge <br />CITY ATTORNEY <br />Sonia R. Carvalho <br />CLERK OF THE COUNCIL <br />Daisy Gomez <br />-:, INSURANCE NOT REQUIRED WORK MAY PROCEED CLERK OF COUNCIL <br />CITY OF SANTA ANA <br />COMMUNITY DEVELOPMENT AGENCY <br />20 Civic Center Plaza M-25 <br />Santa Ana, California 92702 <br />www.santa-ana.org DATE� <br />June 21, 2022 <br />Tish Kelly <br />Vice President, Development <br />Jamboree Housing Corporation <br />Brateil Aghasi <br />Chief Executive Officer <br />WISEPlace <br />Re: WISEPlace Permanent Supportive Housing <br />1411 N. Broadway, Santa Ana, CA 92706 <br />Sent via E-mail <br />Pre-Commitment Letter for HOME-American Rescue Plan ("HOME-ARP") Loan, <br />lnclusionary Housing Funds Loan, Twenty-Five (25) Project-Based Vouchers, and <br />CDBG Loan Forgiveness <br />Dear Mses. Kelly and Aghasi, <br />Jamboree Housing Corporation ("Jamboree"), in partnership with the fee owner of the <br />WISEPlace apartment development ("Owner," and collectively with Jamboree, the <br />"Developer"), requested financial assistance in connection with the proposed <br />development of a forty-eight (48) unit affordable housing complex, with forty-seven (47) <br />units restricted for chronically homeless individuals, to be located at 1411 N. Broadway, <br />Santa Ana, CA 92706 (APN 398-523-04) (the "Project"). <br />The Project will be an adaptive reuse of the existing one-story structure and the demolition <br />of the existing two-story gym structure along Sycamore. The new construction <br />component will include one story within the existing building along Broadway and a four­ <br />story new building along Sycamore. The Project requires a Density Bonus Agreement to <br />be approved by the City Council. <br />The City of Santa Ana ("City") and the Housing Authority of the City of Santa Ana <br />("Housing Authority") have reviewed the Developer's request for assistance, and at the <br />SANTA ANA CITY COUNCIL <br />Vicente Sannienlo <br />Mayor <br />vsann iento@santa•ana oro <br />Phil Bacerra <br />Mayor Pro Tem, Ward 4 <br />pbacerraa@santa-ana.org <br />Thai Viet Phan <br />Ward1 <br />tp h3n@sa nla•ana.9rg <br />Nelida Mendoza Jessie Lopez Johnathan Ryan Hernandez David Penaloza Ward 2 Ward 3 Ward 5 Ward 6 nmendoza@santa-ana.om iess1etooez@santa-ana.org 1ryanhemandez@santa•ana.org dpenaloza@santa-ana.org <br />EXHIBIT 2