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Attachment B
<br />Name of Program
<br />Objective
<br />Timeframe in KE
<br />Status of Program Implementation
<br />Throughout 2024, the City continued to support the development of several affordable
<br />housing projects through various funding sources, including the Low and Moderate
<br />Income Housing Asset Fund (LMIHAF), Inclusionary Housing Fund, HOME Investment
<br />Partnerships Program (HOME), Community Development Block Grant Program
<br />B. Provide financial assistance to support
<br />(CDBG), Project -Based Voucher Program (PBV), and HOME -American Rescue Plan
<br />the acquisition, rehabilitation, and new
<br />(HOME -ARP). As of December 31, 2024, there are two projects under construction and
<br />construction of properties to preserve and
<br />three projects in pre -development, all funded by the City:
<br />increase affordable housing opportunities
<br />- The Habitat for Humanity (1921 W. Washington Ave.) project, funded by Inclusionary
<br />for lower income households through the
<br />Housing ($2,200,000), involves the new construction of six single-family homes for 80%
<br />following programs: (1) Low and Moderate
<br />AMI households.
<br />21. Affordable Housing
<br />Income Housing Asset Fund (LMIHAF)
<br />- FX Residences (801, 807, 809, and 809'h E. Santa Ana Blvd.), funded by the
<br />Incentives
<br />including land assets owned by the Housing
<br />Annually
<br />Housing Successor Agency ($1,656,947), three PBVs, and a 99-year ground lease is a
<br />Successor Agency; (2) Inclusionary
<br />16-unit permanent supportive housing project expected to be completed by January
<br />Housing Fund (Inclusionary); (3) HOME
<br />2025.
<br />Investment Partnerships Program (HOME);
<br />- In pre -development, Habitat for Humanity's 621 W. Alton Ave. project will convert a
<br />(4) Community Development Block Grant
<br />religious -owned building into 40 townhomes for low- and moderate -income households,
<br />Program (CDBG); (5) Project -Based
<br />with $9,807,571 in HOME funds.
<br />Voucher Program (PBV); and (6) HOME-
<br />- Habitat for Humanity's second project at 425 E. Wellington Ave. will convert a 9-unit
<br />American Rescue Plan (HOME -ARP).
<br />rental property into affordable ownership units, with $920,000 in Inclusionary Housing
<br />funds allocated for down payment assistance.
<br />- The Richard Lehn Intergenerational Housing project (918 N. Bewley St.), funded by
<br />HHAP ($2,021,319) and eight PBVs, will rehabilitate two buildings into 11 permanent
<br />supportive housing units for homeless transitional -age youth and seniors.
<br />C. Issue a Request for Proposals (RFP)
<br />In 2024, progress continued on RFP # 23-156. The RFP made $7,796,256 in HOME
<br />annually for the development of affordable
<br />funds available for projects involving the acquisition, rehabilitation, conversion, or new
<br />housing in Santa Ana. Proposed
<br />construction of affordable ownership housing. Following the RFP process, Habitat for
<br />developments may be for acquisition and
<br />Humanity of Orange County was selected to develop two projects:
<br />rehabilitation of eligible properties for rental
<br />The first project at 621 W. Alton Ave. will convert a religious -owned building into 40
<br />21. Affordable Housing
<br />and/or ownership housing; acquisition and
<br />townhomes for low- and moderate -income households, with $9,807,571 in HOME
<br />Incentives
<br />conversion of nonresidential property to
<br />multifamily housing units; and/or new
<br />Annually
<br />funds. The second project at 425 E. Wellington Ave. will convert a 9-unit rental property
<br />construction of housing units for rental
<br />into affordable ownership units, with $920,000 in Inclusionary Housing funds allocated
<br />and/or ownership housing. The objective is
<br />for down payment assistance. While Successor Housing Agency land was made
<br />to finance the development of at least one
<br />available, the developers opted not to utilize it for these projects.
<br />multifamily affordable housing project per
<br />The City continues to provide weekly technical assistance to Habitat for Humanity and
<br />year.
<br />remains committed to supporting future affordable housing opportunities in Santa Ana.
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