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Item 08 - Quarterly Report for Housing Division Projects and Activities
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Item 08 - Quarterly Report for Housing Division Projects and Activities
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Agenda Packet
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Clerk of the Council
Item #
8
Date
2/1/2022
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Community Development Agency <br />santa-ana.org/cd <br />Item # 8 <br />City of Santa Ana <br />20 Civic Center Plaza, Santa Ana, CA 92701 <br /> Staff Report <br />February 1, 2022 <br />TOPIC: Quarterly Report for Housing Division Projects and Activities <br />AGENDA TITLE: <br />Quarterly Report for Housing Division Projects and Activities for the period of October <br />2021-December 2021 <br />RECOMMENDED ACTION <br />Receive and file the Quarterly Report for Housing Division Projects and Activities for the <br />period of October 2021-December 2021. <br />DISCUSSION <br />This report for the quarter ending on December 31, 2021 provides statistics for all of the <br />affordable housing projects and activities for the Housing Division. The report is divided <br />into five sections: Loan Activity, Loan Portfolio Management and Monitoring, Renter <br />Protections, Affordable Housing Funds and Commitments, and Development Projects. <br />Loan Activity <br />Applications <br />The Housing Division offers several different programs including down payment <br />assistance for first-time homebuyers and rehabilitation grants for mobile homes and <br />single-family homes. Inquiries are received from the public and applications are mailed <br />out, received and approved for these programs on a continual basis. Table 1 shows the <br />number of inquiries, applications sent out, received and approved by type for the quarter <br />and for the total fiscal year: <br />Table 1: Applications Sent Out, Received & Approved <br />Inquiries Applications <br />Sent Out <br />Applications <br />Received <br />Applications <br />ApprovedProgram <br />Q2 Total FY Q2 Total FY Q2 Total FY Q2 Total FY <br />Home Repair Grant Program 28 28 2 28 28 28 4 4 <br />Homeownership / DPAP 52 68 40 56 1 3 0 2 <br />Loan Subordinations 0 1 0 1 0 1 0 1 <br />The number of applications received is typically lower than the number of applications
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