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Item 68 - Crossroads at Washington Affordable Housing Project at 1126, 1136, & 1146 East Washigton Ave.
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Item 68 - Crossroads at Washington Affordable Housing Project at 1126, 1136, & 1146 East Washigton Ave.
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City Clerk
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Agenda Packet
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Clerk of the Council
Item #
68
Date
6/21/2022
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r w� (o 1c c1&1J'"' svim11) flt\ <br />MAYOR <br />Vicente Sarmiento <br />MAYOR PRO TEM <br />David Penaloza <br />COUNCILMEMBERS <br />Phil Bacerra <br />Ir:: .;,.,,:'./A;,: wr. <br />Johnathan Ryan Hernandez <br />Jessie Lopez <br />Nelida Mendoza <br />Thai Viet Phan <br />August 17, 2021 <br />Liane Takano <br />:. · ... �QUIRED ·' '.. '.JROCEFJ <br />. JOU�C 1 L <br />CITY OF SANTA ANA <br />COMMUNllY DEVELOPMENT AGENCY <br />20 Civic Center Plaza • P.O. Box 1988 <br />Santa Ana, California 92702 <br />{714) 647·5360 <br />www.santa•ana.org <br />Southern California Director <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 />1126 and 1146 E. Washington Avenue, Santa Ana, CA 92701 <br />A-2021-173 <br />CITY MANAGER <br />Kristine Ridge <br />CITY A HORNEY <br />Sonia R. Carvalho <br />CLERK OF THE COUNCIL <br />Daisy Gomez <br />First Amended and Restated Pre-Commitment Letter for: NSP Loan, HOME Loan, <br />Lease Agreement, and Seven (7) Project -Based Vouchers <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 have merged their <br />respective parcels with joint ownership for purposes of master leasing the parcels to the <br />Developer to construct the Project over a single parcel ("Property"). <br />SANTA ANA CITY COUNCIL <br />Vicente Sannienlo David Penaloza Thai Viet Phan Jessie Lopez Phil Bacerra Johnathan Ryan Hernandez Nehda Mendoza <br />Mayor Mayor Pro Tern, Ward 2 Ward 1 Ward 3 Ward 4 Ward 5 Ward 6 ysarmiento@santa-ana ora dpena1oza(@santa-ana.org tphan@sanla-ana om /essielooez@santa -ana org pbacerra@santa-ana.om jryanhemandez@santa-ana.om nmendgza@santa-ana.org <br />EXHIBIT 4
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