Item 06 - Housing Successor Annual Report FY 2021-22

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HOUSING AUTHORITY OF THE CITY OF SANTA ANA – FY 2021/22 Page 5 commenced on the date that the Department of Finance approved the property as a housing asset in the LMIHAF; thus, as to real property acquired by the former redevelopment agency now held by the Housing Successor in the LMIHAF, the Housing Successor must initiate activities consistent with the development of the real property for the purpose for which it was acquired within five years of the date the DOF approved such property as a housing asset. The following provides a status update on the real property or properties housing asset(s) that were acquired prior to February 1, 2012 and compliance with five-year period: Address of Property Date of Acquisition Deadline to Initiate Development Activity Status of Housing Successor Activity Remnant parcels at Spurgeon & E. 22nd St. 10/30/2002 2/14/2018 Included in Request for Proposals #21-136 for the development and/or sale of the site; No award from this RFP at this time. Staff will be working to sell this site at Fair Market Value. 801, 809 & 809 ½ E. Santa Ana Blvd. 7/29/2009 2/14/2018 On December 7, 2021, the Housing Authority entered into a 99-year Ground Lease with Shelter Providers of Orange County, Inc. DBA HomeAid Orange County for the development of the FX Residences, a multifamily affordable housing project with 16 units for people experiencing homelessness. 826 N. Lacy 7/29/2009 2/14/2018 On November 17, 2020, the Housing Authority entered into a 99-year Ground Lease for the development of 2 affordable homeownership opportunities for moderate income families 1126 & 1146 Washington 9/5/2007 2/14/2018 On July 25, 2022, the Housing Authority entered into a 65-year Ground Lease with Washington Santa Ana Housing Partners, L.P. for the development of the Crossroads at Washington, a multifamily affordable housing project with 86 units for extremely low-income families. EXHIBIT 1