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Award A Pre -Loan Commitment <br />Meta Housing Corporation/Santa Ana Arts Collective <br />November 3, 2015 <br />Page 5 <br />created under the City's Housing Opportunity Ordinance or with City funding to the extent allowed <br />under state law). <br />FISCAL IMPACT <br />Funds are available in the HOME Program, CDBG Program, and Inclusionary Housing funds as <br />follows: <br />Funding Source <br />Grant Year <br />Budgeted in Fiscal Year <br />Account No. <br />Amount <br />HOME Program <br />Pre -2015 <br />2014-2015 <br />13018780-69152 <br />1,348,972 <br />HOME Program <br />2015 <br />2015-2016 <br />13018780-69152 <br />911,028 <br />CDBG Program <br />2015 <br />2015-2016 <br />13518782-69152 <br />500,000 <br />Inclusionary Housing <br />N/A <br />2015-2016 <br />41718820-69152 <br />1,875,000 <br />TOTAL: $4,635,000 <br />Prior year HOME Program funds will be carried forward to fiscal year 2015-2016. Funds are <br />anticipated to be committed in fiscal year 2015-2016 once other project financing is in place for <br />the project. <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br />neSic � �t� <br />Ke y Reenders Sk� Francisco Gutierrez <br />Executive Director Executive Director <br />Community Develop ent Agency Finance and Management Services Agency <br />KL/JB/NV/11 <br />Exhibit: 1. 1666 N. Main Street Site Map <br />2. Pre -Loan Commitment <br />29A-5 <br />