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EXHIBIT 1 <br />CITY OF SANTA ANA COMMUNITY DEVELOPMENT AGENCY <br />REQUEST FOR PROPOSALS FOR AFFORDABLE HOMEOWNERSHIP OPPORTUNITIES <br />I. INTRODUCTION <br />The City of Santa Ana (City) and the Housing Authority of the City of Santa Ana (Authority) are issuing <br />this Request for Proposals (RFP) for the development of affordable homeownership opportunities in the <br />City. Proposed developments may be for acquisition and rehabilitation of eligible properties for ownership <br />housing units; acquisition and conversion of non-residential property to ownership housing units; and/or <br />new construction of housing units for ownership housing. <br />Priorities and Objectives: <br />In particular, the City is interested in furthering the following priority through this RFP: <br />Projects that will provide affordable homeownership opportunities <br />Available Funds for this RFP: <br />The available funds for this RFP include funds available in the HOME Investment Partnerships Program <br />(HOME). <br />Available program funds may be used for development loans for the following eligible purposes: <br />1) The purchase or lease of land and buildings for new construction or rehabilitation of housing <br />that may utilize available State and Federal housing assistance programs for homeownership <br />projects. <br />2) The purchase of existing multi -family or other buildings that result in the sale of units to low- and <br />moderate income households. <br />3) The provision of interim loan funds for any of the above purposes prior to the funding of a public <br />or private loan. Eligible development costs for the above uses include, but are not necessarily <br />limited to: <br />a. Site acquisition and preparation; <br />b. Rehabilitation of dwelling units, common areas and related structures; <br />c. New construction; <br />d. Carrying charges and financing fees; <br />e. Architectural, legal, and organizational fees; <br />f. Temporary or permanent tenant relocation costs. <br />Please refer to the Affordable Housing Funds Policies and Procedures amended by City Council on August 18, <br />2020 for more information. <br />City of Santa Ana Community Development Agency <br />Request for Proposals for Affordable Homeownership Opportunities <br />Page 4 <br />