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25B - AGMT - 815 N HARBOR LOAN
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02/17/2015
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25B - AGMT - 815 N HARBOR LOAN
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Last modified
2/12/2015 4:45:31 PM
Creation date
2/12/2015 4:13:11 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
25B
Date
2/17/2015
Destruction Year
2020
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Loan Agreements - <br />815 N Harbor LP <br />February 17, 2015 <br />Page 3 <br />The Developer has submitted a proposal for eight (8) Project Based Vouchers in the recent <br />Request for Qualifications (RFQ) to award vouchers to qualified projects. Submitted proposals for <br />this RFQ are currently being reviewed and will be awarded at a later date. <br />Construction of these units will assist the City in meeting the Regional Housing Needs <br />Assessment (RHNA) goals identified in the Housing Element and the Consolidated Plan. <br />STRATEGIC PLAN ALIGNMENT <br />Approval of this item supports the City's efforts to meet Goal #5: Community Health, Livability, <br />Engagement and Sustainability, Objective #3, (facilitate diverse housing opportunities and <br />support efforts to preserve and improve the livability of Santa Ana neighborhoods). <br />FISCAL IMPACT <br />Funds are available in the NSP2 account (no. 14218761- 69152) and HOME account (no. <br />13018780 - 61952). <br />Community Development Agency <br />KR /SS /nv /sb <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br />ramp � ., <br />Francisco Gutierrez U <br />Executive Director ` <br />Finance and Management Services Agency <br />Exhibit: 1. Map <br />2. HOME Agreement <br />3. NSP Amendment to Agreements <br />25B -3 <br />
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