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8 <br />9 <br />1011 <br />A B C D <br />1 2 3 4 <br />Name of Program Objective Timeframe in H.E Status of Program Implementation <br />Housing Programs Progress Report <br />Describe progress of all programs including local efforts to remove governmental constraints to the maintenance, improvement, and development of housing as identified in the housing <br />element. <br />Program Implementation Status pursuant to GC Section 65583 <br />14 <br />2. Multiple-Family <br />Acquisition and <br />Rehabilitation <br />A. Provide financial assistance to <br />support the acquisition, rehabilitation, <br />and new construction of properties to <br />preserve and increase affordable <br />housing opportunities for lower income <br />households through the following <br />programs: (1) Low and Moderate Income <br />Housing Asset Fund (LMIHAF) including <br />land assets owned by the Housing <br />Successor Agency; (2) Inclusionary <br />Housing Fund (Inclusionary); (3) HOME <br />Investment Partnerships Program <br />(HOME); (4) Community Development <br />Block Grant Program (CDBG); (5) Project- <br />Based Voucher Program (PBV); and (6) <br />HOME- American Rescue Plan (HOME- <br />ARP). <br />Ongoing <br />At the end of CY 2023, the City had six (6) affordable housing projects under <br />construction and two (2) affordable housing projects in pre-development. Each <br />project was made possible through the financial assistance provided by the City <br />in CY 2022. The projects under construction are all due for completion by the end <br />of CY 2024. Estrella Springs-CDBG ($1,687,047); Eight-nine (89) PBVs consisting <br />of 34 HUD-VASH PBVs and 55 regular PBVs. Archways (Formally known as <br />Westview House)- Inclusionary Housing ($1,514,113), HOME Investment <br />Partnerships Program ($2,003,705), Rental Rehabilitation Program ($386,523), <br />and twenty-six (26) Mainstream Program PBVs. Crossroads at Washington- <br />HOME Investment Partnerships Program (HOME) ($3,007,489), Neighborhood <br />Stabilization Program ($1,637,420), sixty-five (65) year ground lease agreement <br />for 1126, 1136 and 1146 E. Washington Avenue (Appraised Value as of September <br />22, 2019: $4,108,136) and fifteen (15) PBVs. Habitat for Humanity-Inclusionary <br />Housing ($565,271) and a 99-year ground lease agreement for 416 Vance Street <br />and 826 N. Lacy Street (Appraised Value as of Oct 25, 2018: $578,000). <br />WISEPlace Permanent Supportive Housing- HOME-American Rescue Plan <br />($5,256,327); Twenty-five (25) PBVs. FX Residences- Housing Successor Agency <br />($1,656,947), three (3) PBVs, 99-year ground lease agreement for 801 E. Santa <br />Ana Blvd. (Appraised Value as of Oct 25, 2018: $788,000). <br />B-84