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CITY OF SANTA ANA <br /> 200 8-2009 ANNUAL ACTION PLAN <br />~ i ~ <br />PRIVATE RESOURCES <br /> 1. Community Home Buyer Program -Fixed <br /> rate mortgages <br /> 2. Community Home Improvement Mortgage HomebuyerAssistance <br />Federal National Mortgage Program -Mortgages for both purchase ^ Homebuyer <br />Assoc. (Fannie Mae) and rehabilitation of a home <br />3. Fannie Neighbor -Under served low- Assistance/Rehab <br /> <br />income minorities are eligible for low ^ <br />Expand Home Ownership <br />for Minorities <br /> down-payment mortgages for the <br /> <br />California Community urchase of sin le famil homes <br />Nonprofit mortgage banking consortium that <br />Reinvestment Corp. pools resources to reduce lender risk in ' New Construction <br />CCRC financin affordable housin ^ Rehabilitation <br /> <br />Federal Home Loan Bank Direct subsidies to nonprofit and for-profit New Construction <br />Affordable Housing Program developers, and public agencies for affordable ^ Expand Home Ownership <br /> low-income ownership and rental projects for Lower Income <br />P <br />Orange Count <br />Afford <br />bl ersons <br />y <br />a <br />e <br />Housing Clearinghouse Nonprofit lender consortium ' Construction Financing <br /> ^ Permanent Financin <br />4/16/08 <br />Attachment 2 <br />19E-75 <br />