Item 18 - Permanent Supportive Housing Project at 918 Bewley Street

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Permanent Supportive Housing Project at 918 Bewley Street October 15, 2024 Page 3 4 5 3 5 o The final contingency payment of $202,132 will be disbursed upon completion of construction of the Project. •Labor Requirements: The Developer agrees to comply with the City’s Community Workforce Agreement (CWA), which mandates local hiring preferences to boost community employment, requires union labor to uphold collective bargaining standards, ensures workers receive prevailing wages and benefits, and promotes workforce development through training and apprenticeship programs. The Conditional Grant Agreement has been signed by Illumination Foundation to acknowledge their acceptance of the terms. Regulatory Agreement The Regulatory Agreement is attached as Exhibit 3. The following key terms are incorporated into the Regulatory Agreement: •Term of Agreement: The term of the Regulatory Agreement shall commence on the date a final certificate of occupancy is issued and shall continue for a total period of no less than 55 years. •Affordability: The Project shall provide the following affordable units: No. of Bedrooms No. of Units Occupancy Affordability (Incomes / Rents) 1 1 2 7 Qualified Homeless Youth 30% AMI / 30% AMI MTSP Rent 3 2 Qualified Seniors 50% AMI / 50% AMI MTSP Rent •Local Preference: The Developer shall give a local preference in selecting residents to residents who live or work in the city. •Supportive Services: Illumination Foundation, at its sole cost and expense, shall provide case management and supportive services to all tenants on the Property. •Miscellaneous: The Developer shall submit and obtain approval of an Emergency Evacuation Plan, Crime-Free Housing Plan, Onsite Parking Management Plan, and a Marketing and Resident Selection Plan. The Regulatory Agreement has been signed by Illumination Foundation to acknowledge their acceptance of the terms. Project Description The Developer proposes to renovate the vacant property located at 918 N. Bewley Street, Santa Ana, California 92703 (APN 198-231-10), which includes two 2-story residential buildings and a preschool facility previously operated by The Lovers of the Holy Cross Sisters. The Project involves converting the 37,915 sq. ft. lot into an 11-unit permanent supportive housing project, consisting of 10 affordable units and one unrestricted manager’s unit. The affordable units will include: