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.......... . <br />i zjT <br />0 IN If ; <br />0 M, <br />'WIN <br />, - V <br />Acquisition /rehabilitation /resale of 1 housing unit to households whose <br />annual Income does not exceed 50 percent of the area median income as <br />i; -3 <br />N <br />by <br />R <br />established HUD. <br />4[,._ffR nil is <br />Oil <br />-:12 <br />H <br />RIN tl,.,!.!� ME <br />City Of Santa Ana <br />Santa Ana, CA <br />&d eveloa <br />.gible Use M - <br />4� <br />NOMM-0. <br />--tin <br />MUNK Rehabilif n -ofTlomes, and Direct Home <br />n, il SIR <br />F _11%W-! <br />Shelly Landry-Bayle <br />b wnersh :e <br />R e i• <br />T", pip -g- V •#204y!c <br />tic Center Plaza, M-37 <br />e` <br />11$g In NXII <br />Rl <br />na, CA 92702 <br />14 )667-2287 <br />p: xi j. ¢ <br />:tluk°,i"',i,'nf-�t a �'}- ��s.,7� gi <br />e re d t 0 0 h use ds whose annual income does not exceed 120 <br />p e of th median Income as determined by HUD. <br />4 <br />The Ci I this <br />dryBayle@Santa -Ana.Org <br />zmt all <br />mi T <br />A! RE - r <br />N. cquisition/Rehabilita�k,M.,esale Of Foreclosed Family Homes for Low- <br />RN A <br />N I Mode <br />9 g 141MI <br />rat e-,andMiddle-4 me House iNlus <br />ANT.. <br />Select all that apply: <br />zz <br />gn .1 <br />3. J k <br />— , fi N <br />Eli gIbkdYW_-A: Financing' s <br />4[,._ffR nil is <br />Eligibl��_. habilitation <br />�qulsition a�4% <br />Eligible ft-Banking <br />-:12 <br />k .1=1 <br />%1[ll <br />D e <br />Eligible UsK# <br />.ij !r Ni Mi <br />­..."'. ::. <br />&d eveloa <br />.gible Use M - <br />4� <br />n 08 I -lilt S <br />N: I gii <br />MUNK Rehabilif n -ofTlomes, and Direct Home <br />n, il SIR <br />F _11%W-! <br />NIM44; NOT. <br />b wnersh :e <br />R e i• <br />2 4 <br />. I M;i <br />Modekh Middle In Housing (LMMH) <br />ME"O. pg <br />9 <br />used t uire and rehabilitate foreclosed single family <br />hou Ion a habilitation, these housing units will be code <br />NINE <br />mp, d conta e 1clency components. Sale and occupancy <br />I, L N <br />'R <br />e re d t 0 0 h use ds whose annual income does not exceed 120 <br />p e of th median Income as determined by HUD. <br />4 <br />The Ci I this <br />i!!n V <br />carry out activity through an intermediary who will be <br />.leverage le erage the NSP3 funds with other public and/or private funds so <br />5-N, s to lze the number of units produced. <br />E <br />j �TLV, 1 <br />=_F&F9* N <br />R�2 NERI I <br />I B. <br />2!11 ME- VINGRI <br />isaryto facilitate the ultimate sale of these units to income qualified <br />households, <br />i'jR, ffffl <br />1011 ME <br />R?. <br />the City may enter into lease-purchase agreements with the <br />selected households. These agreements will be structured so as to enable <br />13 <br />them to save the funds required to qualify for first mortgage loans. The City <br />will do this only when a sale has not been finalized within six months of the <br />2 <br />­mg . R <br />N') <br />listing date. <br />IN <br />Area identified in the attached Exhibit I <br />4 l <br />M <br />Eftifi-N <br />purkein lvohl _ � 2 9 1�!`l Mil!�'L` <br />Oj it, MAN np,5 <br />NSP3 $951,67 4.00 <br />NSP3 Substantial Amendment <br />City of Santa Ana <br />41YAN V" <br />Page 5 <br />