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2025 General Plan Annual Progress Report <br /> Attachment C <br /> The LMIHAF has an Excess Surplus. (Refer to calculation below.) <br /> Fund Balance — JLllle 30. 2026 $26,791,686 <br /> Less Una--railable Amounts: <br /> Loans and notes (22,666,387) <br /> Land held for resale (75,000) <br /> Restricted cash and In5restments with fiscal agent (186,962) <br /> Liabilities — AccOLIMS parables & deposits (1,632) <br /> Deferred infloxs of revellues (6,009) <br /> Project Commitments and 1-donitoring (166,695) <br /> .P. ailable Low Income Housing FLIndS 3,792,001 <br /> Limitation (Greater of$1,000-000 or Four Wears Deposits; <br /> Aggregate amoLlnts deposited for preceding four fiscal years <br /> 2021 — 2022 1 246 112 <br /> 2022 —2023 483 794 <br /> 2023 —2024 317-160 <br /> 2024 —2025 306.772 <br /> T0t31 depositsforthe preceding fourfiscalearc 2 352 838 <br /> Base limitation 1 000 000 <br /> Greater Amount 2 352 838 <br /> Computed Excess SurpluS — June 30, 2026 1 439 163 <br /> XII. INVENTORY OF HOMEOWNERSHIP UNITS <br /> (A) As of June 30, 2025, there was a total of 53 homeownership units and 912 rental <br /> units subject to covenants or restrictions. Of this total, all 965 units had <br /> affordability restrictions. <br /> (B) During FY 2023-24, one (1) single family unit was lost to the portfolio as the <br /> borrowers paid off the loans earlier than the original maturity date. <br /> H USING AUTHORITY OF THE CITY OF SANTA ANA—FY 2024/25 c- 9 of 10 <br />