Item HA 03 - Housing Successor Annual Report: FY 2022-23

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HOUSING AUTHORITY OF THE CITY OF SANTA ANA – FY 2022/23 Page 5 commenced on the date that the Department of Finance approved the property as a housing asset in the LMIHAF; thus, as to real property acquired by the former redevelopment agency now held by the Housing Successor in the LMIHAF, the Housing Successor must initiate activities consistent with the development of the real property for the purpose for which it was acquired within five years of the date the DOF approved such property as a housing asset. The following provides a status update on the real property or properties housing asset(s) that were acquired prior to February 1, 2012 and compliance with five-year period: Address of Property Date of Acquisition Deadline to Initiate Development Activity Status of Housing Successor Activity Remnant parcels at Spurgeon & E. 22nd St. 10/30/2002 2/14/2018 This remnant parcel has been included in Request for Proposals (“RFP”) # 18-056 issued on July 2, 2018; RFP # 19-063 issued on July 3, 2019; RFP # 21-136 issued on December 8, 2021; and RFP # 23- 156 issued on October 19, 2023. All of the RFPs have been issued for the development of affordable housing on this parcel. There has been no award from RFP # 23-156 at this time. 801, 809 & 809 ½ E. Santa Ana Blvd. 7/29/2009 2/14/2018 On December 7, 2021, the Housing Authority entered into a 99-year Ground Lease with Shelter Providers of Orange County, Inc. DBA HomeAid Orange County for the development of the FX Residences, a multifamily affordable housing project with 16 units for people experiencing homelessness. In October 2022, the developer closed on their construction loan financing and a groundbreaking ceremony was held in June 2023. Construction officially started in July 2023. The anticipated completion date of the project is March 2024. EXHIBIT 1