Laserfiche WebLink
CITY ATTORNEY <br />Sonia R. Carvalho <br />CITY MANAGER <br />Alvaro Nuñez <br />CITY CLERK <br />Jennifer L. Hall <br />20 CIVIC CENTER PLAZA - P.O. BOX 1988, M31 - SANTA ANA, CALIFORNIA 92702 <br />TELEPHONE (714) 647-6900 - FAX (714) 647-6954 - www.santa-ana.org <br />Expand homeownership opportunities for Santa Ana residents <br />Support working families building generational wealth <br />Preserve and improve an existing housing asset within the community <br />Stabilize neighborhoods and help prevent displacement <br />Leverage a proven nonprofit housing model that combines public investment, <br />volunteer labor, and homeowner partnership <br />Initiating a review of this project will allow staff to evaluate its feasibility and determine <br />whether City participation could advance Santa Ana’s goals around housing stability, <br />affordability, and long-term community investment. <br />Requested Scope of Report and Hearing <br />Direct the City Manager and Community Development Agency to: <br />1. Request a complete proposal from Habitat for Humanity. <br />2. Review and determine if complete proposal has met minimum threshold. <br />3. If minimum threshold is met, project to undergo an underwriting and subsidy layering <br />review analysis by a real estate advisor selected by the City, to be paid for by Habitat <br />for Humanity. <br />4. After the analysis has been completed, staff will present the real estate advisor’s <br />analysis and the proposal to City Council for direction without any recommendation(s) <br />from staff on funding or not funding the project. <br />SUBMITTED BY <br />Councilmember Benjamin Vazquez <br />EXHIBIT(S) <br />1. Affordable Housing Funds Policies and Procedures <br />2. Habitat for Humanity of Orange County request letter dated March 12, 2026 and <br />attachment