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Housing Authority <br />santa-ana.org/cd <br />Item # 3 <br />City of Santa Ana <br />20 Civic Center Plaza, Santa Ana, CA 92701 <br /> Staff Report <br />June 21, 2022 <br />TOPIC: Pre-Commitment of Affordable Housing Funds for Jamboree Housing <br />Corporation and WISEPlace; Density Bonus Agreement; Loan Forgiveness <br />AGENDA TITLE: <br />Approve a pre-commitment of $5,256,327 in HOME - American Rescue Plan funds, <br />$484,000 in Inclusionary Housing Funds, twenty-five (25) project-based vouchers, a <br />Density Bonus Agreement, and loan forgiveness for Jamboree Housing Corporation and <br />WISEPlace for the development of the WISEPlace Permanent Supportive Housing <br />project located at 1411 N. Broadway. (Contingent upon approval of City Council Item # <br />62). <br />RECOMMENDED ACTION <br />HOUSING AUTHORITY <br />Approve an award of twenty-five (25) project-based vouchers and authorize the Executive <br />Director of the Housing Authority to execute an Agreement to Enter into a Project-Based <br />Vouchers Housing Assistance Payments Contract with Jamboree and WISEPlace for the <br />development of the WISEPlace Permanent Supportive Housing project located at 1411 <br />N. Broadway, Santa Ana, CA 92706, (APN 398-523-04), subject to non-substantive <br />changes approved by the Executive Director of the Housing Authority and Authority <br />General Counsel. <br />COMMUNITY DEVELOPMENT COMMISSION RECOMMENDATION <br />At its regular meeting on May 25, 2022, the Community Development Commission <br />recommended approval of the Recommended Action by a vote of 7:0. <br />PLANNING COMMISSION RECOMMENDATION <br />At its regular meeting on May 9, 2022, the Planning Commission recommended approval <br />of Density Bonus Agreement Application No. 2022-01, by a vote of 5:0 (Commissioners <br />McLoughlin and Pham absent).