Laserfiche WebLink
Housing Division Quarterly Report <br />February 6, 2024 <br />Page 10 <br />The project is 80% complete. The contractor is working on installing flooring, <br />trims, and hardware for building 1136 and installing cabinets, painting <br />kitchens and baths, and preparing to remove scaffolding in building 1146. The <br />Update electronic lottery for the general affordable units has been conducted and the <br />property management team is contacting applicants to schedule interviews. <br />The developer continues to work with the Corporation for Supportive Housing <br />and Orange County staff to begin the referral process for the permanent <br />supportive housing units. <br />Habitat for Humanity (826 N. Lacy and 830 N. Lacy Street) <br />Developer <br />Habitat for Humanity of Orange County (Habitat) <br />Description <br />New construction of two single-family detached homes for homeownership <br />serving households up to 120 /o AMI. <br />City / Authority <br />Inclusionary Housing ($565,271) and a 99-year ground lease agreement for <br />Funds <br />416 Vance Street and 826 N. Lacy Street (Appraised Value as of Oct 25, <br />2018: $578,000 <br />During Q2, both homes underwent final inspections. The two-story Victorian <br />(826 N. Lacy) home passed all final inspections and received completion sign - <br />off. The family closed on their mortgage loan at the end of November and <br />moved in December 2023. <br />The one-story Craftsman (416 Vance St. now 830 Lacy St.) home has <br />received sign -off on most inspections and is pending sign -off from the <br />Planning and Building Agency. These inspections have been scheduled for <br />January 2024. The family for this home is anticipated to have loan approval <br />Update <br />and closing by the end of February or early March 2024 at which time they <br />will move in. <br />The street light post for this project will be installed in late February <br />2024. Edison's demand for concrete light posts has impacted the supply and <br />caused delays. <br />Habitat continued to engage volunteers through Q2. From the beginning of <br />the project to date, there have been 1,304 unique volunteers with a total of <br />24,000 hours. <br />WISEPIace Permanent Supportive Housing 1411 N. Broadway) <br />Developer <br />Jamboree Housing Corporation with WISEPIace as the co -developer and lead <br />service provider <br />Description <br />Adaptive reuse and new construction of the WISEPIace building to provide 47 <br />permanent supportive housing units, and one (1) manager's unit. <br />City / Authority <br />Funds <br />HOME -American Rescue Plan ($5,256,327); Twenty-five (25) PBVs <br />The developer closed on their construction loan financing and began <br />Update <br />construction in March 2023. The slab was poured on October 13, 2023. The <br />construction crew is currently working on rough mechanical, electrical, and <br />plumbing and installing a new fire hydrant on Broadway. The project is over <br />