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Quarterly Report for Housing Division Projects and Activities <br />May 3, 2022 <br />Page 7 <br />2 <br />6 <br />4 <br />9 <br />have been comments back on a few plans and HomeAid is working <br />with their engineers to resubmit those plans. They are expecting <br />permits to be pulled in mid-summer 2022. HomeAid also applied for <br />AHP funding in March of 2022 and will know if they were awarded funds <br />in June of 2022. Closing calls for current financers of the project will <br />begin in April 2022. <br />Habitat for Humanity (826 N Lacy & 830 N Lacy Street *formerly 416 Vance Street)) <br />Developer Habitat for Humanity of Orange County <br />Description New construction of two single-family detached homes for homeownership <br />serving households up to 120 percent AMI. <br />City / Authority <br />Funds <br />Inclusionary Housing ($565,271) and a 99-year ground lease agreement for <br />416 Vance Street and 826 N Lacy Street (Appraised Value as of Oct. 25, <br />2018: $578,000) <br />Update <br />The Developer’s Site Plan Review application was submitted in April 2021. <br />Final approval of Site Plan Review was awarded and project will be <br />presented to Planning Commission on May 9, 2022. Grading plans <br />submitted for review at the end of December 2021, comments received <br />and resubmittal will be first of April. Building plans submitted for review <br />beginning of February 2022, comments received and resubmittal will <br />be mid-April. <br />Westview House (2530 Westminster Avenue) <br />Developer Community Development Partners <br />Description <br />New construction of an affordable multi-family apartment development <br />consisting of 85 units of both large family and PSH with one manager’s unit. <br />Twenty-six of the units will be funded by PBV and MHSA funds through the <br />NPLH program. <br />City / Authority <br />Funds <br />Inclusionary Housing ($1,514,113), HOME Investment Partnerships Program <br />($2,003,705), Rental Rehabilitation Program ($386,523), and 26 Mainstream <br />Program PBVs. <br />Update <br />The developer received an award of 4-percent tax credits and bonds on <br />December 8, 2021. Financial closing calls are currently underway as the <br />project is expected to close on their financing by end of May 2022 and break <br />ground in June 2022. Staff will be recommending approval of the Loan <br />Documents for this project on May 17, 2022. <br />Regional Housing Needs Assessment <br />Housing projects that have been approved, permitted, or received a certificate of <br />occupancy after June 30, 2021 may be counted towards the 6th Regional Housing Needs <br />Assessment (RHNA) Cycle (October 2021 to October 2029). Below is a summary of our <br />progress to meet our 6th RHNA Cycle requirements for affordable housing: