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Quarterly Report for Housing Division Projects and Activities <br />September 6, 2011 <br />Page 6 <br />Table 5: NSP2 Single Family Properties Available for Sale <br />Address <br />Affordability Level <br />2075 S. Van Ness <br />Moderate <br />2142 S. Park <br />Moderate <br />2201 S. Parton <br />Moderate <br />1230 S. Garnsey <br />Moderate <br />Table 6: NSP 2 Single Family Properties Sold Durina the Ouarter <br />Property Address <br />Silent 2" <br />v Income Level <br />1510 W 12,n St <br />$10,000 <br />Moderate <br />503 S. Gamsey <br />$10,000 <br />Moderate <br />214 N. Bush <br />$10,000 <br />Moderate <br />1520 W. 6 St <br />$10,000 <br />Moderate <br />1231 S. Baker <br />$10,000 <br />Moderate <br />1201 W. 6 <br />$10,000 <br />Moderate <br />1422 S. Maple <br />$10,000 <br />Moderate <br />329 E. Camille <br />$10,000 <br />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. ANR Homes, Inc. was selected to <br />receive the contract, and it was approved by City Council on June 20, 2011. <br />As required by regulations, comprehensive detailed quarterly reports on the City's NSP Programs <br />(NSP 1 and NSP 2) are posted on the City's website at http:/ /www.santa - ana.org /cda /NSP.asp. <br />19E -6 <br />