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Community Development Agency <br />www.santa-ana.org/community-development <br />Item # 18 <br />City of Santa Ana <br />20 Civic Center Plaza, Santa Ana, CA 92701 <br /> Staff Report <br />March 4, 2025 <br />TOPIC: Pre-Commitments of $10,727,571 of Affordable Housing Funds for Habitat for <br />Humanity of Orange County <br />AGENDA TITLE <br />Approve a Pre-Commitment of $9,807,571 in HOME Program Funds for the <br />Development of 40 New Affordable Ownership Units Located at 621 W. Alton Avenue, <br />and Approve a Pre-Commitment of up to $920,000 in Inclusionary Housing Funds for <br />Eligible Homebuyers to Purchase Nine (9) Existing Rental Units that will be Converted <br />into Affordable Ownership Condominium Units Located at 425 E. Wellington Avenue for <br />a total of $10,727,571 <br />RECOMMENDED ACTION <br />1. Authorize the City Manager to execute a pre-commitment letter with Habitat for <br />Humanity of Orange County for $9,807,571 in HOME Investment Partnerships <br />Program funds for the development of 40 new affordable ownership units located at <br />621 W. Alton Avenue, Santa Ana, CA (APN 410-351-02) (Agreement No. A-2025- <br />XXX). <br />2. Authorize the City Manager to execute a pre-commitment letter with Habitat for <br />Humanity of Orange County for up to $920,000 in Inclusionary Housing Funds for <br />eligible homebuyers to purchase nine (9) existing rental units that will be converted <br />into affordable ownership condominium units located at 425 E. Wellington Avenue, <br />Santa Ana, CA (APN 398-028-12) (Agreement No. A-2025-XXX). <br />GOVERNMENT CODE §84308 APPLIES: Yes <br />COMMUNITY DEVELOPMENT COMMISSION RECOMMENDATION <br />At a special meeting on December 13, 2024, the Community Development Commission <br />recommended the City Council to approve recommended action No. 1 and No. 2 above <br />by a vote of 5:0. However, recommended action No. 2 was amended by staff following <br />the Commission meeting to add $20,000 and adjust the language of the award to <br />comply with California Government Code §§ 7260 or 66300.6 relocation assistance <br />obligations regarding the conversion of market rate rental units. <br />EXECUTIVE SUMMARY <br />In October 2023, City Council directed staff to invest affordable housing funds <br />exclusively for the development of affordable ownership opportunities. Following the