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Quarterly Report for Housing Division Projects and Activities <br />February 1, 2022 <br />Page 5 <br />2 <br />4 <br />1 <br />0 <br />Project Inclusionary Housing <br />Funds COMMITTED # of Units Address <br />Habitat for Humanity <br />“Lacy & Vance”$565,271 2 416 Vance Street & 826 <br />N Lacy Street <br />Westview House $1,514,113 84 2530 and 2534 <br />Westminster Avenue <br />WISE Place Steps to <br />Independence Public <br />Service Program <br />$90,000 N/A N/A <br />Down Payment <br />Assistance $1,250,000 N/A N/A <br />TOTAL $3,419,384 86 <br />Affordable Housing Development Projects <br />There are two affordable housing projects under construction, and four affordable housing <br />projects in pre-development. Following approval by City Council, staff also issued an <br />RFP for Affordable Housing Development on December 8, 2021 to finance the <br />development of additional affordable housing projects. Below is a brief summary and <br />status update for each project. Exhibit 3 provides a development timeline for each project. <br />Projects under Construction <br />Legacy Square (609 N Spurgeon Street) <br />Developer National Community Renaissance with Mercy House as the service <br />provider <br />Description <br />New construction of a 100% affordable multifamily apartment complex <br />consisting of 92 units of rental housing and one manager’s unit. All units <br />will be affordable to households earning less than 60% AMI of which 33 <br />units will be set-aside for permanent supportive housing. <br />Authority Funds Eight Project-Based Vouchers (PBVs) <br />Update <br />Construction is currently underway. Specifically, the podium deck is <br />100% poured. Framing on the podium deck (2nd floor) at section’s A & <br />B are up. Community center and leasing area steel studs are framed. <br />MEP’s are underway under the deck and in the parking garage. The <br />estimated completion date is February 2023. <br />North Harbor Village (1108 N Harbor Boulevard) <br />Developer Jamboree Housing Corporation <br />Description Acquisition and rehabilitation of a former motel yielding 89 units of <br />permanent supportive housing.