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<br /> <br /> <br />May 7, 2024 <br />Page 13 <br /> <br />City of Santa Ana – Quarterly Report <br />Third Quarter of FY 2023-24 <br />JANUARY – MARCH 2024 <br />FX Residences (801, 807, 809, and 809 ½ East Santa Ana Boulevard) <br />Developer HomeAid Orange County, Inc. with Mercy House as the service provider <br />Description New construction of an affordable multifamily apartment complex consisting of 16 <br />units of permanent supportive housing, and one (1) manager’s unit. <br />Authority <br />Funds <br />Housing Successor Agency ($1,656,947), three (3) PBVs, 99-year ground lease <br />agreement for 801 E. Santa Ana Blvd. (Appraised Value as of Oct 25, 2018: <br />$788,000) <br />Update <br />Collaborating with OCFA and the City’s Public Work Agency, the relocation of the <br />underground water pump was completed by the first week of January 2024. Window <br />installation took place in December. By the end of December, the developer <br />waterproofed the site to mitigate potential rain delays during the rainy season. <br />Plumbing and electrical work are currently underway, with rough inspections in <br />progress. Solar approvals and installations are slated to commence in April. Upon <br />completion of all MEP inspections, drywall installation will commence. Stucco work <br />is expected to begin in May. Project completion is estimated for August 2024. <br />Projects in Pre-Development <br />Habitat for Humanity (1921 W. Washington Ave.) <br />Developer Habitat for Humanity <br />Description New construction of three (3) duplexes / six (6) homes for homeownership serving <br />households up to 80% AMI. <br />City Funds Inclusionary Housing Funds ($2,200,000) <br />Update <br />A demolition permit was obtained, and demolition was successfully completed in <br />January 2024. Prior to demolition, volunteers contributed to a pre-demolition <br />cleanup effort. Habitat secured construction financing through NeighborWorks of <br />Orange County. Habitat is currently conducting New Home Buyer Orientations as <br />part of its initiative to engage with families and select six eligible families for the six <br />townhomes slated for construction. Additionally, Habitat has developed and is <br />implementing a strategy to ensure its outreach efforts attract qualified homebuyers <br />in accordance with the City’s local preference policy. Throughout Q3, Habitat has <br />maintained volunteer engagement. Since the project's inception, a total of 26 unique <br />volunteers have contributed a combined total of 208 hours. <br /> <br /> <br />EXHIBIT 1