Item 16 - Quarterly Report for Housing Division Projects and Activities

Home Browse Search

Quarterly Report for Housing Division Projects and Activities May 3, 2022 Page 6 2 6 4 9 community center building; grading of existing parking lot; fire sprinkler demolition; removal of existing insulation; removal of CMU wall; sewer work is done offsite; driveway entrance, framing and shoring and underground utilites are complete. There have been some construction delays so the new estimated completion date is December 2022. Projects in Pre-Development Crossroads at Washington (1126, 1136 and 1146 E Washington Avenue) Developer Related Companies of California with A Community of Friends (ACOF) as co- developer and lead service provider Description New construction of a 100-percent affordable multifamily apartment complex consisting of 85 units of rental housing and one manager’s unit. All units will be affordable to households earning less than 30 percent AMI, of which 43 units will be set aside for permanent supportive housing. City / Authority Funds HOME Investment Partnerships Program ($3,007,489), Neighborhood Stabilization Program ($1,297,693), 65-year ground lease agreement for 1126, 1136 and 1146 E Washington Avenue (Appraised Value as of September 22, 2019: $4,108,136) Seven Project-Based Vouchers (PBVs) Update The Developer continues to work with the City, County, and the California Department of Toxic Substances Control (DTSC) on supplemental environmental investigations. The City, County, and DTSC entered into a Standard Voluntary Agreement for further agency oversight. DTSC approved the draft Removal Action Workplan on March 28, 2022 and is currently reviewing the Removal Implementation Plan which is required for the start of remediation activities. Remediation/Cleanup is expected to start after approval of the Removal Implementation Plan and execution of two Agreements to enter into a Housing Assistance Payments Contract with the Housing Authority of the City of Santa Ana and Orange County Housing Authority. With the help of the Developer, the Housing Authority and County will be submitting the full application for DTSC’s Equitable Community Revitalization Grant (ECRG) program in April 2022. FX Residences (801, 809, 809 ½ East Santa Ana Boulevard) Developer HomeAid Orange County, Inc. with Mercy House as the service provider Description New construction of an affordable multifamily apartment complex consisting of 16 units of permanent supportive housing, and one manager’s unit. City / Authority Funds Housing Successor Agency ($1,656,947), three PBVs, 99-year ground lease agreement for 801 E Santa Ana Boulevard (Appraised Value as of Oct. 25, 2018: $788,000) Update On December 7, 2021, the City Council approved an additional $587,000 from its Low and Moderate Income Housing Assets Fund due to an unanticipated increase in construction costs for the project. City Council also approved the project’s Loan Agreement, 99-Year Ground Lease, Density Bonus Agreement, and Development Impact Fee Deferral Agreement. HomeAid Orange County submitted for the first grading plan check in November of 2021 and for the first building plan check in February of 2022. There