19C - QRTLY RPT HOUSING PROJECTS

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Quarterly Report Housing Division Projects March 4, 2013 Page 5 The U.S. Department of Housing and Urban Development (HUD) has allocated the amount of $1,464,113 in NSP 3 funds to the City of Santa Ana. To receive these funds, the City adopted a substantial amendment to its Annual Action Plan, and submitted it to HUD on February 28, 2011. The amendment was approved, and the City signed a grant agreement with HUD on March 10, 2011. The grant activities are: • Acquisition/Rehab/Resale-50 Percent of Area Median Income • Acquisition/Rehab/Resale-120 Percent of Area Median Income • Administration The City's intermediary ANR has been actively seeking foreclosed properties in the NSP 3 target area. During this quarter, one property was acquired and is being rehabilitated. The rehabilitation is expected to be completed during the first week of April 2013. As required by regulations, comprehensive detailed quarterly reports on all of the City's NSP Programs are posted on the City's website at hftp://www.santa-ana.org/cda/NSP-asp- In-Fill Development Projects Santa Ana Station District Phase I, a 74-unit large-family affordable rental housing project is currently under construction and is expected to be completed in March 2013. Phase II incorporates an additional 40 units of large-family affordable rental housing consisting of the rehabilitation of existing structures (15 units) and new construction (25 units). During this quarter, the rehabilitated units were completed and are being leased. The new units are expected to be completed March 2013. Phase III, a for-sale housing project, to be developed by City Ventures, includes approximately 24 units of large family homes. The developer is currently in plan review for the first component of 8 townhomes. Vista Del Rio, a 41-unit handicapped-accessible affordable rental housing project located at 1600 Memory Lane, is currently under construction and is expected to be completed in March 2013. Santa Ana WBBB L.P. completed the construction of three projects (15 units) during this quarter. The completed units located at 217-219 S. Birch Street, 435-437 S. Birch Street and 2034-2038 N. Bush Street are being leased. The construction of a 36-unit multi-family housing project located at 605-611 E. Washington is currently under construction and is expected to be completed in February 2013. During this quarter, Habitat for Humanity of Orange County (Habitat) completed the construction of a single-family dwelling located at 4809 Edinger Street. An additional single-family dwelling located at 1029 McLean Drive is currently under construction and expected to be completed in February 2013. Habitat also purchased three additional sites from the City. These sites are located at 160 E. McFadden Avenue, 1114 S. Cypress Avenue and 1121 S. Cypress Avenue. 19C-5