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Quarterly Report for Housing Division <br />Projects and Programs <br />August 5, 2013 <br />Page 4 <br />Acquisition /Rehab /Resale -50 Percent of Area Median Income <br />Acquisition /Rehab /Resale -120 Percent of Area Median Income <br />Administration <br />The City's intermediary ANR has been actively seeking foreclosed properties in the NSP 3 target <br />area. During this quarter, one property located at 1223 Baker Street was acquired, rehabilitated <br />and is currently in escrow for sale to a qualified homebuyer. <br />In -Fill Development Projects <br />The construction of Vista Del Rio, a 41 -unit handicapped - accessible affordable rental housing <br />project located at 1600 Memory Lane, is nearly complete and expected to be finalized in July <br />2013. <br />During this quarter, Habitat for Humanity of Orange County completed the construction of a <br />single - family dwelling located at 1029 McLean Drive. A single - family dwelling located at 4809 W. <br />Edinger was sold to a low- income homebuyer. Three additional single - family dwellings at 160 E. <br />McFadden Avenue, 1114 S. Cypress and 1121 S. Cypress Avenue are currently under <br />construction and expected to be completed in July 2013. <br />FISCAL IMPACT <br />There is no fiscal impact associated with this action. <br />(71 <br />C <br />Sandra D. Gottlieb <br />Acting Executive Director <br />Community Development Agency <br />SDG /SLB /kg <br />Prepared by: Ray Lirette <br />19G -4 <br />