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Program Eligible Use CDBG Eligible Activity Proposed Anticipated Responsible Amount Units Entity 1. Financing Direct $400,000 10 City of Santa Downpayment Mechanism for homeownership Ana Housing Assistance Purchase, Assistance 24 CFR Division Redevelopment 570.201(n) of Foreclosed Properties 2. Acquisition, Financing Acquisition, $5,171,380 50 City of Santa Rehabilitation Mechanism for Rehabilitation, Ana Housing & Resale of Purchase, Disposition, Direct Division Single Family Redevelopment homeownership Residences of Foreclosed assistance for single Residential family homes [24 CFR Properties 570.201(a)(b)(i)(n)] 3. Acquisition Financing Acquisition, $2,500,000 30 City of Santa and Rehab of Mechanism for Rehabilitation, Ana Housing Rental Housing Purchase, Disposition, Direct Division Redevelopment homeownership of Foreclosed assistance for Residential residential rental Properties properties 24 CFR 570.201(a)(b)(i)(n) 4. Administration 24 CFR 570.205 and $1,000,000 N/A City of Santa Administration and Planning 206 Ana Housing Costs Division 5. Redevelop Acquisition, $741,896 49 City of Santa Redevelopment demolished or Disposition [24 CFR Ana Housing of Vacant vacant 770201 (a)] Division Properties as properties as and Eligible Rental Housing housing rehabilitation and for Low-Income preservation activities Households for demolished or (up to 50% vacant properties [24 AMI) CFR 570.202] 6. Redevelop Acquisition, $185,724 20 City of Santa Redevelopment demolished or Disposition [24 CFR Ana Housing of Vacant vacant 770201(a)] Division Properties as properties as and Eligible Rental Housing housing rehabilitation and for Low-Income preservation activities Households for demolished or (up to 60% vacant properties [24 AMI) CFR 570.202] 80A-7