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EXHIBIT 1 <br />The following provides a status update on the real property or properties housing asset(s) that <br />were acquired prior to February 1, 2012 and compliance with five-year period: <br />Remnant parcels at <br />Spurgeon & E. 22"d 10/30/2002 2/14/2018 <br />St. <br />801, 809 & 809 '/2 E. 7/29/2009 2/14/2018 <br />Santa Ana Blvd. <br />This remnant parcel has been <br />included in Request for Proposals <br />("RFP") # 18-056 issued on July 2, <br />2018; RFP # 19-063 issued on July <br />3, 2019; RFP # 21-136 issued on <br />December 8, 2021; and RFP # 23- <br />156 issued on October 19, 2023. <br />All of the RFPs have been issued <br />for the development of affordable <br />housing on this parcel. There has <br />been no award from RFP # 23-156 <br />at this time. <br />On December 7, 2021, the Housing <br />Authority entered into a 99-year <br />Ground Lease with Shelter <br />Providers of Orange County, Inc. <br />DBA HomeAid Orange County for <br />the development of the FX <br />Residences, a multifamily <br />affordable housing project with 16 <br />units for people experiencing <br />homelessness. In October 2022, <br />the developer closed on their <br />construction loan financing and a <br />groundbreaking ceremony was <br />held in June 2023. Construction <br />officially started in July 2023. The <br />anticipated completion date of the <br />project is December 2024. <br />HOUSING AUTHORITY OF THE CITY OF SANTA ANA — FY 2023/24 Page 5 <br />