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1 . ; 1 Five-Year Implementation Plan Amended February 2003 Page 33 The following is a list of those programs which the Santa Ana Redevelopment Agency expects to either continue or to begin within the next fIVe years, the estimated number of affordable housing units assodated with each, their targeted income levels, and the type of assistance provided. Other projects under these programs may be considered and developed in lieu of, or in addition to, those shown. A. Multifamily Residential Rehabilitation Programs Over the past several decades, older, small apartment complexes located throughout the city have suffered significant deterioration from overcrowding, with as many as 15 people in a two-bedroom unit. The overcrowded conditions have resulted in accelerated w~r and tear, and deferred maintenance on the interior and exterior of the units. In addition, there have been serious impacts on the surrounding neighborhoods, including trash storage, parking, traffic, and crime. The apartments are predominately occupied by very-low-income persons and families. The lack of on-site professional management has fueled the continued downward spiral of housing conditions and quality of life for tenants. The Agency is working within focused neighborhoods to provide the necessary financing to improve the conditions of these properties. B. Single Family Residential Rehabilitation Programs The City's Community Development Agency administers programs funded by HOME, CDBG, and Redevelopment Agency Housing Set-Aside funds. The program is available citywide to very low-, low- and moderate-income families, with the majority of funds going to households in the low- to very-low-income range. Annually, the Agency Set-Aside funds provide 25-30 loans in an amount of $20,000 to $30,000. . C. Housing Mortgage Assistance/First Time Home Buyer Programs The Agency has operated a Mortgage Assistance Program. Currently, the program is being reviewed and will be restructured. The City also participates in the Mortgage Credit Certificate Program that annually assists approximately 20 households. The Agency has provided funds for the Family Fund Loan Loss Reserve administered by Santa Ana Neighborhood Housing Services~ D. . New Residential Construction and SUbstantial Rehabilitation Programs The Agency partidpates with private sector for-profit and nonprofit housing developers to develop and substantially rehabilitate a mix of ownership and rentàl housing opportunities throughout the city. Page 102 of 190 75D-112