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Item 12 - Quarterly Report for Housing Division Projects and Activities
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Item 12 - Quarterly Report for Housing Division Projects and Activities
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8/17/2023 3:41:15 PM
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Agenda Packet
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Clerk of the Council
Item #
12
Date
8/17/2021
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Community Development Agency <br />www.santa-ana.org/cd <br />Item # 15 <br />City of Santa Ana <br />20 Civic Center Plaza, Santa Ana, CA 92701 <br /> Staff Report <br />September 7, 2021 <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 April 2021 <br />– June 2021 <br />RECOMMENDED ACTION <br />Receive and file the Quarterly Report for Housing Division Projects and Activities for the <br />period of April 2021 – June 2021. <br />DISCUSSION <br />This report for the quarter ending on June 30, 2021 provides statistics for all of the <br />affordable housing projects and activities for the Housing Division. The report is divided <br />into four sections: Loan Activity, Loan Portfolio Management and Monitoring, Affordable <br />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 loans for mobile homes, single- <br />family, multi-family, and historic homes. Inquiries are received from the public and <br />applications are mailed out, received, and approved for these programs on a continual <br />basis. Table 1 shows the number of inquiries, applications sent out, received, and <br />approved by type for the quarter 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 />Q4 Total FY Q4 Total FY Q4 Total FY Q4 Total FY <br />Single-Family Rehabilitation 12 48 13 45 3 4 0 0 <br />Mobile Home Rehabilitation 5 19 5 18 2 3 0 0 <br />Multi-Family Rehabilitation 0 0 0 0 0 0 0 0 <br />Historic Home Restoration 0 1 0 1 0 0 0 0 <br />Homeownership / DPAP 16 56 16 50 8 19 5 11 <br />Loan Subordinations 3 20 3 20 3 20 3 20
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