19D - EXHIBIT FY 10-11 RDA Annual Report

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Blight Progress Report as required under Health & Safety Code Section 33080.1 (d) Community Redevelopment Agency of the City of Santa Ana FY 2010 -11 California Redevelopment Law under Section 33080.1 (d) requires that the Annual Report include "a description of the agency's progress, including specific actions and expenditures in alleviating blight in the previous fiscal year." The following actions were taken to alleviate blight in the Merged Redevelopment Project Area during the previous fiscal year: • Neighborhood Stabilization Downpayment Assistance Program The Agency continues to administer activities with its NSP 1, 2, and 3 funds in areas of greatest need: acquisition, rehabilitation, resale of foreclosed singled family homes for low, moderate and middle income households, downpayment assistance, acquisition and rehabilitation of rental housing including foreclosed or abandoned properties. Eligible borrowers are offered a deferred loan that may only be used to help meet downpayment and closing cost requirements associated with the purchase of an eligible home. These activities helped to stabilize neighborhoods by focusing in distressed neighborhoods and were performed by intermediaries working on behalf of the City. During FY 2010 -2011, Santa Ana's Neighborhood Stabilization Program (NSP) acquired and renovated 20 single family homes and 2 condominiums affected by foreclosures. Down payment assistance was provided to 2 households as part of the rehabilitation of these properties and subsequent affordable resales. Land and building acquisitions, through NSP, during this period are anticipated to bring in 76 units of affordable rental housing over the coming year. • Wayfindin_g Si_gnage Program In the past few years, Santa Ana has undergone several new urban design efforts in the downtown area. To complement these efforts, the City undertook a plan to design a new wayfinding sign system to help reinforce the City's identity and character, and serve as a framework to implement an attractive and effective signage system throughout the entire City. This wayfinding sign program in the downtown area is the first application for establishing a uniform signage and branding program for the entire City. • Downtown Facade Improvement Rebate Program The Santa Ana Downtown Fagade Improvement Rebate Program was approved by the Redevelopment Agency in July 2008, to encourage economic revitalization and to promote urban renewal in the Downtown area, while maintaining its historic and cultural traditions. The program provides financial assistance based on a sliding scale and is capped at $75,000 per business within the designated target area to improve their storefronts. For fiscal year 2010 -2011, the Pacific Building fagade improvement project was completed. This building, located at the corner of Broadway and 3rd Street, rehabilitated approximately 6,000 sq. ft. of commercial space that is completely leased to three different businesses, including the Chapter One restaurant. The East End project (formerly known as Fiesta Marketplace), was also under construction for a significant part of this fiscal year with approximately 75% of the project completed. This project is scheduled for completion in November 2011. Page 1 of 4