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Item HA 03 - Housing Successor Annual Report: FY 2022-23
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Item HA 03 - Housing Successor Annual Report: FY 2022-23
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1/23/2024 8:44:46 AM
Creation date
1/17/2024 4:41:03 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
HA 3
Date
1/16/2024
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HOUSING AUTHORITY OF THE CITY OF SANTA ANA – FY 2022/23 Page 10 <br />(B)During FY 2022-23, one (1) single family units were lost to the portfolio as the <br />borrowers paid off the loan earlier than the original maturity date. Four rental <br />units were lost during this fiscal year due to the sale of four rental units. <br />(C)There were no funds returned to the Housing Successor as part of an adopted <br />program that protects the former redevelopment agency’s investment of moneys <br />from the former Low and Moderate Income Housing Fund in FY 2022-23. <br />(D)The Housing Authority of the City of Santa Ana has not contracted with any <br />outside entity for the management of the units. <br />EXHIBIT 1
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