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lr-)SU:-U\NCE NOT REQUIR!:OWUnf< MtW PHr)CEF.:nCU.:1":JK 0: GOUN1�,IL <br />MAYOR � "Tr. JUL 2 2 2019 Miguel A. Pulido <br />MAYOR PRO TEM <br />Juan Villegas <br />COUNCILMEMBERS <br />Cecilia Iglesias <br />David Penaloza <br />Vicente Sarmiento <br />Jose Solorio <br />CITY OF SANTA ANA <br />COMMUNITY DEVELOPMENT AGENCY <br />20 Civic Center Plaza M-25 • P.O. Box 1988 <br />Santa Ana, California 92702 <br />July 2, 2019 <br />Liane T akano <br />Southern California Director <br />(714)647-5360 <br />www.santa-ana.org <br />The Related Companies of California <br />18201 Von Karman Avenue, Suite 900 <br />Irvine, CA 92612 <br />Dora Leong Gallo <br />Chief Executive Officer <br />A Community of Friends <br />3701 Wilshire Blvd., Suite 700 <br />Los Angeles, CA 90010 <br />Re: Crossroads at Washington <br />A-2019-109 <br />CITY MANAGER <br />Kristine Ridge <br />CITY A HORNEY <br />Sonia R. Carvalho <br />ACTING CLERK OF THE COUNCIL <br />Norma Mitre-Ramirez <br />1126 and 1146 E. Washington Avenue, Santa Ana, CA 92701 <br />Pre-Commitment Letter for: NSP Loan, HOME Loan, and Lease Agreement <br />Dear Ms. Takano and Ms. Gallo, <br />The Related Companies of California and A Community of Friends (collectively referred to <br />as the "Developer") requested financial assistance in connection with the proposed <br />development of an eighty-six (86) unit affordable housing complex, with eighty-five (85) units <br />restricted to extremely-low income households, to be located at 1126 and 1146 E. <br />Washington Avenue, Santa Ana, CA 92701 (APNs 398-092-13 and 398-092-14) ("Project"). <br />The site consists of two adjacent parcels. The Housing Authority of the City of Santa Ana <br />("Housing Authority") owns one parcel at 1126 E. Washington Ave. (APN 398-092-14) <br />totaling approximately 1.43 acres of land area ("Housing Authority Parcel"). The County of <br />Orange ("County") owns an adjacent parcel (APN 398-092-13) totaling approximately .85 <br />acres of land area ("County Parcel"). The Housing Authority and County will work together <br />to merge their respective parcels with joint ownership for purposes of master leasing the <br />parcels to the Developer to construct the Project over a single parcel ("Property"). <br />SANTA ANA CITY COUNCIL <br />Miguel A Pulido Juan Villega s Vi ce nte Sarmiento Dav id Penaloza Jose Solorio Mayor Mayor Pro Tern, Ward 5 Ward 1 Ward 2 Ward 3 <br />mpul1do@santa-ana .org jVlll egas@santa-ana.org v sa rm1ento@santa-ana.org dpenatoza@sant a-ana .org 1solon9@san ta-ana.org <br />Va cant <br />Ward 4 Cec1l 1a Iglesias <br />Ward 6 <br />c1gles 1as@sanla-an a.org <br />EXHIBIT 2