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Quarterly Report for Housing Division <br />Projects and Programs <br />November 18, 2014 <br />Page 4 <br />Development Projects <br />NSP 1 2 and 3 Programs <br />The City's intermediaries, ANR Industries, Orange Housing Development Corporation, and C &C <br />Development, continue to look for eligible properties. The acquisition of a single - family home <br />located at 1235 S. Cypress closed in escrow in August 2014; rehabilitation is expected to <br />commence in October. <br />Multi - Family Acquisition / Rehabilitation Proiects <br />940 Minnie, LP completed the acquisition of a multi - family property located at 940 S. Minnie <br />Street and is currently in the process of relocating their tenants. The rehabilitation is expected to <br />commence in the fall of 2014. Once the rehabilitation is complete, the property will yield eight <br />affordable rental units consisting four 1- bedroom units, two 2- bedroom units and two 3- bedroom <br />units. <br />In -Fill Development Proiects <br />Habitat for Humanity of Orange County <br />The construction of four single - family dwellings located at 1314 N. Eastwood, 793, 797 and 812 <br />Concord is nearly complete. The homes are expected to be sold to qualified homebuyers in the <br />next quarter. The construction of two single - family dwellings at 4106 and 4110 W. McFadden is <br />expected to begin in the winter of 2014. <br />Depot at Santiago (70 -Unit Affordable Rental Housing Development) <br />The developer has worked through planning entitlements and is planning to apply for a tax credit <br />allocation in the spring of 2015. Construction is anticipated to begin in the fall of 2015. <br />815 N. Harbor (70 -Unit Affordable Rental Housing Development) <br />The conceptual site plan was approved. The Harbor Corridor Specific Plan is expected to be <br />approved in October 2014. <br />Santa Ana Station District — For Sale (25 Affordable Homes) <br />All of the units are currently under construction. The units located at 806 E. Santa Ana Blvd. are <br />framed; rough plumbing and electrical is progressing. Foundations are complete for the units <br />located at 609 N. Garfield and 620 E. Fifth Street; framing is expected to commence in October <br />2014. <br />19D-4 <br />