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Monthly Report for Housing Division <br />Projects and Activities - May 2006 <br />July 3, 2006 <br />Page 5 <br />Scattered Site Infill <br />The Housing Division is developing a Request for Qualifications (RFQ) for <br />the development of scattered infill single-family sites throughout the <br />City. These sites were acquired through various street and freeway <br />improvement projects. It is anticipated that the RFQ will be published <br />by the end of the July. <br />1501 N. Ross Street & 1411 N. Durant Street <br />On January 3, 2006, the City Council and Redevelopment Agency approved an <br />agreement with Orange Housing Development Corporation (OHDC) for the <br />acquisition and rehabilitation of two multi -family properties located at <br />1501 N. Ross Street and 1411 N. Durant Street. On March 15, 2006, the <br />California Debt Limit Allocation Committee approved Ross & Durant L.P. <br />for a bond of $7,343,904. Escrow closed on May 19, 2006. The <br />rehabilitation work is underway and on schedule. <br />FISCAL IMPACT <br />There is no fiscal impact associated with this action. <br />nig��nf� rAe�auk_ <br />Stephen Harding <br />Executive Director of the <br />Housing Authority <br />SGH/SLB/mlr <br />H:\ACTIONS\2006 HA\MthlyRptHsgProjs&Activities 7-3-06.doc <br />