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FULL PACKET_2013-11-04
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FULL PACKET_2013-11-04
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11/4/2013 9:15:42 AM
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11/4/2013 8:39:57 AM
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City Clerk
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Agenda Packet
Agency
Clerk of the Council
Date
11/4/2013
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Quarterly Report for Housing Division Projects and Activities <br />November 4, 2013 <br />Page 4 <br />Baker Street, however it was denied due to credit criteria. The property is currently listed for sale <br />to a qualified homebuyer. <br />In -Fill Development Proiects <br />The construction of Vista Del Rio, a 41 -unit handicapped - accessible affordable rental housing <br />project located at 1600 Memory Lane is complete with the exception of a few minor problems <br />involving the exterior lighting. The developer obtained a temporary Certificate of Occupancy and <br />has begun leasing the units. The procurement of a final Certificate of Occupancy is expected by <br />the beginning of November. <br />Habitat for Humanity of Orange County has seven single- family dwellings under construction. <br />The dwellings located at 160 E. McFadden Avenue, 1114 S. Cypress and 1121 S. Cypress <br />Avenue are expected to be completed by the end of October; four other dwellings located at 1314 <br />N. Eastwood, 793, 797 and 812 Concord are expected to be completed in May 2014. The home <br />located at 1029 McLean was purchased by a qualified family and closed escrow during this <br />quarter. <br />The Depot at Santiago, LP is working through planning entitlements for the development of a 70- <br />unit affordable housing project at the northeast corner of Santa Ana Blvd. and Santiago Street. <br />City Council approved a loan agreement with 815 N. Harbor, LP for the development of a 70 -unit <br />affordable housing project located at the southeast corner of Harbor Blvd. and Hazard Avenue, <br />FISCAL IMPACT <br />There is no fiscal impact associated with this action <br />, "fAq — <br />Nancy Fong, I P <br />Interim Executi r <br />Community Development Agency <br />NF /SLB /kg <br />Prepared by: Ray Lirette <br />19F -4 <br />
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