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Quarterly Report for Housing Division Projects and Activities <br />June 20, 2011 <br />Page 6 <br />Address NSP Funds for Acquisition <br />1230 S. Garnse St. $154,589.30 <br />Table 5: NSP 2 Single Family Properties Acquired During the Quarter <br />Table 6. NSP2 Properties Under Rahnhilitntinn <br />Address Pro -ected Completion Date <br />1510 W. 12ffi St 0411512011 <br />2201 S. Parton 0410712011 <br />1104 S. Raitt 0410412011 <br />Table 7: NSP2 Sinale Familv Properties Availahla fnr gala <br />Address Affordability Level <br />503 S. Garnse St Moderate <br />2075 S. Van Ness Ave Moderate <br />1520 W. 6 St Moderate <br />2142 S. Park Dr Moderate <br />1231 S. Baker St Moderate <br />1422 S. Maple St Moderate <br />329 E. Camile St Moderate <br />214 N. Bush St Moderate <br />1201 W. 6 St Moderate <br />Table 8: NSP 2 Sinale Family Pmnertia.c .11?nlrl l )i,rinrr th o nt in or <br />Property Address Silent 2" Income Level <br />1527 S. Ross St. $10,000 Moderate <br />NSP 3 Program <br />The U. S. Department of Housing and Urban Development (HUD) has allocated the amount of <br />$1,464,113 in NSP 3 funds to the City of Santa Ana. To receive these funds, the City adopted a <br />substantial amendment to its Annual Action Plan and submitted it to HUD on February 28, 2011. <br />The amendment was approved, and the City signed a grant agreement with HUD on March 10, <br />2011. The City will implement the following programs with these funds: <br />• Acquisition/Rehab/Resale-50 Percent of Area Median Income <br />• Acquisition/Rehab/Resale-120 Percent of Area Median Income <br />• Administration <br />In order to facilitate implementation of the first two programs, the City released a Request for <br />Proposals (RFP) for intermediaries on February 28, 2011. <br />19C-6